India’s burgeoning drone technology sector is poised for exponential growth, as highlighted by the Indian Drone Tech Startup Landscape & Market Opportunity Report 2023. Projections indicate a meteoric rise, with the Indian drone market anticipated to soar to $13 billion by 2030, boasting a robust compound annual growth rate (CAGR) of 21% from 2022 to 2030. Amidst this landscape, we delve into India’s Top 29 Drone Tech Startups, leading innovations in aerial technology, revolutionizing agriculture, security, and logistics.

1. AOTOM TECHNOLOGY

• Founded In: 2018
• Founders: Krunal Kalbende
• Funding Raised To Date: $100K
• Investors: Krunal Kalbende
• Headquarters: Nagpur

2. BonV Aero

• Founded In: 2021
• Founders: Satyabrata Satapathy, Uman Rathi, Abinash Sahoo, Gaurav Achha, Rahul Kumar, Sultan Khan
• Funding Raised To Date: $1 Mn (approx.)
• Investors: Inflection Point Ventures, Beyond Ventures Partners
• Headquarters: Bhubaneswar

3. Dhaksha Unmanned Systems

• Founded In: 2019
• Founders: Ramanathan Narayanan
• Funding Raised To Date: Undisclosed
• Investors: Dare Ventures
• Headquarters: Chennai

4. DroneAcharya Aerial

• Founded In: 2017
• Founder: Prateek Srivastava
• Funding Raised To Date: NA
• Investors: Shankar Sharma, Aegis Investment Fund, Maven India Fund, Nav Capital VCC-NAV Capital Emerging Star Fund, Zinnia Global Fund
• Headquarters: Pune

5. Aero360

• Founded In: 2017
• Founders: Pragadish Santhosh
• Funding Raised To Date: NA
• Investors: NA
• Headquarters: Chennai

6. Drone Destination

• Founded In: 2018
• Founders: Chirag Sharma
• Funding Raised To Date: Bootstrapped
• Investors: NA
• Headquarters: Delhi

7. EndureAir Systems

• Founded In: 2019
• Founders: Dr. Abhishek, Rama Krishna, Chirag Jain, Dr. Mangal Kothari
• Funding Raised To Date: INR 13.5 Cr
• Investors: Sangeet Kumar, Prateek Jain, Bir Singh, Satish Kumar Shukla, Amit Kumar, Jalaj Dani
• Headquarters: Noida

8. Enercomp Solutions

• Founded In: 2013
• Founders: Jatin Patel
• Funding Raised To Date: $660K
• Investors: ah! Ventures
• Headquarters: Ahmedabad

9. INSIDEFPV

• Founded Year: 2020
• Founders: Deyvant Bhardwaj, Arth Chowdhary, Oshi Kumari
• Location: Surat, India
• Company Stage: Seed
• Total Funding: $880K
• Latest Funding Round: $421K, Seed, Sep 21, 2023

10. Enord

• Founded In: 2021
• Founders: Muhammad Anas, Zain Saeed
• Funding Raised To Date: $80.9K
• Investors: IIT Mandi
• Headquarters: Delhi

11. FlytBase

• Founded In: 2017
• Founders: Nitin Gupta
• Funding Raised To Date: NA
• Investors: Cisco LaunchPad, Bhau Institute of Innovation, and Lavni Ventures.
• Headquarters: Pune

12. Garuda Aerospace

• Founded In: 2015
• Founders: Agnishwar Jayaprakash
• Funding Raised To Date: $25 Mn+
• Investors: Ocgrow Ventures, Mahendra Singh Dhoni
• Headquarters: Chennai

13. General Aeronautics

• Founded In: 2016
• Founders: Abhishek Burman, Kota Harinarayana and Anutosh Moitra
• Funding Raised To Date: INR 6.5 Cr
• Investors: Mela Ventures, Adani Defence
• Headquarters: Bengaluru

14. ideaForge

• Founded In: 2007
• Founders: Ankit Mehta, Ashish Bhat, Rahul Singh, Vipul Joshi
• Funding Raised To Date: $45 Mn +
• Investors: Blacksoil, Infosys, Qualcomm Ventures, Indian Army
• Headquarters: Mumbai

15. IoTechWorld

• Founded In: 2017
• Founders: Anup Kumar Upadhyay, Deepak Bhardwaj
• Funding Raised To Date: $4 Mn
• Investors: Dhanuka Agritech
• Headquarters: Delhi NCR

16. Marut Drones

• Founded In: 2019
• Founders: Prem Kumar Vislawath, Sai Kumar, Suraj Peddi
• Funding Raised To Date: $100K, Angel, Jan 05, 2020
• Investors: Kiran Darsi and Parusharam
• Headquarters: Hyderabad

17. NewSpace Research & Technologies

• Founded In: 2017
• Founders: Rajinder Rana and Sameer Joshi.
• Funding Raised To Date: $21 Mn
• Investors: Pavestone Capital
• Headquarters: Bengaluru

18. Optimized Electrotech

• Founded In: 2017
• Founders: Anil Yekkala, Dharin Shah, Kuldeep Saxena, Purvi Shah, Sandeep Shah
• Funding Raised To Date: $2.8 Mn
• Investors: Starburst Accelerator and Venture Catalysts
• Headquarters: Ahmedabad

19. Passenger Drone Research Pvt Ltd.

• Founded In: 2018
• Founders: Anil Chandaliya and Vishal Dharankar
• Funding Raised To Date: $600K
• Investors: Bestvantage Investments, BizDateUp
• Headquarters: Nashik

20. Redwing Labs

• Founded In: 2018
• Founders: Anshul Sharma, Arunabha Bhattacharya, Rishabh Gupta
• Funding Raised To Date: $120K
• Investors: Asymmetry Ventures and Techstars
• Headquarters: Bengaluru

21. Salam Kisan

• Founded In: 2022
• Founders: Dhanashree Mandhani
• Funding Raised To Date: Bootstrapped
• Investors: NA
• Headquarters: Mumbai

22. Skye Air

• Founded In: 2019
• Founders: Swapnik Jakkampudi, Ankit Kumar and Chandra Prakash
• Funding Raised To Date: $1.7 Mn
• Investors: LetsVenture, Chiratae Ventures, Lead Angels, O2 Angels, Agility Ventures
• Headquarters: Delhi

23. Skylark Drones

• Founded In: 2015
• Founders: Mrinal Pai, Mughilan Thiru Ramasamy
• Funding Raised To Date: $3 Mn
• Investors: InfoEdge Ventures, IAN Fund, AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP, Vimson Group
• Headquarters: Bengaluru

24. TSAW Drones

• Founded In: 2019
• Founders: Kishan Tiwari, Rimanshu Pandey
• Funding Raised To Date: INR 2.5 Cr
• Investors: We Founder Circle, Soonicorn Ventures, Chandigarh Angels Network, POD World, Qubit Capital, Zypp Electric, PedalStart, Kartik Hajela
• Headquarters: Delhi

25. UrbanMatrix

• Founded In: 2019
• Founders: Rishabh Verma, Ashutosh Kumar, Divyanshu Pundir, Chitransh Chauhan
• Funding Raised To Date: $497K
• Investors: Sara Elgi, Laxminarayana
• Headquarters: Bengaluru

26. VECROS

• Founded In: 2018
• Founders: Besta Prem Sai, Sai Allu
• Funding Raised To Date: $68.49K
• Investors: IIT Delhi, NSRCEL-IIMB, STARTUP OASIS, 100xVC, NVIDIA
• Headquarters: Delhi NCR

27. Vyorius

• Founded In: 2021
• Founders: Singh Rana, Amit Kumar Singh, Pankaj Kumar
• Funding: $93.7K
• Investors: H2 Investments Limited, Sente, and Chiratae Ventures.
• Headquarters: Delhi

28. Amber Wings

• Founded In: 2019
• Founders: Prof. Satya Chakravarthy
• Funding Raised To Date: NA
• Investors: NA
• Headquarters: Chennai

The premier 29 Drone Tech Startups in India showcase the country’s expertise in aerial innovation, spearheading advanced solutions in agriculture, security, and logistics. With exponential market growth anticipated, these startups, supported by a range of investors, are poised to redefine industries and influence the future.