About Aereo
Aereo is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2013 by Vipul Singh and Suhas Banshiwala. Integrated platform for drone surveys and data processing is provided. Aereo has raised $23.75 million across 8 funding rounds from investors including 360 One, LetsVenture and 3one4 Capital. The company has 366 employees. Aereo was last valued at $41.2 million in August 2022. Its chief executive, as recorded, is Vipul Singh. Its website aereo.io draws about 10 thousand monthly visits. Its Indian entity Aarav Unmanned Systems Private Limited reported revenue of ₹27.51 Cr. Its focus areas include High Tech, Drones, Tech Enabled Services and Aerial Surveying. Its competitors include WeDoSky and Minocular; 1 of its 2 listed competitors has raised funding.
Company details
A platform for drone surveys was founded in 2013 in Bengaluru, India. Operations focus on the geospatial and surveying sector, where integrated solutions are delivered for data collection and analysis. Survey-grade drones are supplied, alongside proprietary three-dimensional web-GIS tools that enable 360-degree visibility. Images are processed through multi-stage visual quality checks and parallel computing methods to support decision-making.
- Headquarters Bengaluru, India
- Employees 366
- Founders Vipul Singh, Suhas Banshiwala
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website aereo.io
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Aarav Unmanned Systems Private Limited
- Date of Incorporation 26 Sep, 2013
- Jurisdiction Jakkur, Karnataka, India
- Annual Revenue₹27.51 Cr
FY 2025 · -51% YoY
- Net Loss-₹43.10 Cr
FY 2025 · -157% margin
- EBITDA-₹25.20 Cr
FY 2025 · -92% margin
- Total Equity Funding$23.75M (USD)
in 8 rounds
- Latest Funding Round$1.8M (USD), Series B
Sep 2024
- Investors360 One
& 37 more
- Employee Count366
Associated legal entities of Aereo
Aereo operates through Aarav Unmanned Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aarav Unmanned Systems Private Limited CIN U35122KA2013PTC141030 | Active | 26 Sep 2013 | Jakkur, Karnataka | ₹27.5 Cr | 366 | 7 | View details |
Apps and channels of Aereo
its YouTube channel Aereo has 315 subscribers and 7 videos.
Videos from Aereo
The most watched videos on Aereo's YouTube channel, Aereo (315 subscribers). Click a video to play it here.
More on Aereo.
Funding Insights of Aereo
Aereo has successfully raised a total of $23.75M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $1.8 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $23.75M
- Total Rounds 8
- Last Round Series B — $1.8M
- First Round $1M
(Feb 2016)
- Investors Count 38
All 8 funding rounds of Aereo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $1.8M | Series B | – | JSW Ventures | |
| Jun 2024 | $15M | Series B | – | 360 One, Startupxseed Ventures | |
| Aug 2022 | $3.4M | Series A | $41.2M | – | |
| Jan 2022 | Debt – Conventional | – | – | – | |
| Aug 2021 | $2.1M | Series A | $20.94M | – | |
| Jun 2020 | $66,200 | Seed | $••••• | – | |
| Oct 2017 | $384,566 | Seed | $••••• | Growx | |
| Feb 2016 | $1M | Seed | $••••• | Startupxseed Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $41.2M | •••••••• |
| Aug 2021 | $20.94M | •••••••• |
| Jun 2020 | $••••• | •••••••• |
| Oct 2017 | $••••• | •••••••• |
| Feb 2016 | $••••• | •••••••• |
Full valuation and stage history of Aereo
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $41.2M (Aug 2022). 38 investors in total: 21 institutional and 17 angel.
Investors in Aereo
Aereo has secured backing from 38 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include 360 One, LetsVenture and 3one4 Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JSW Ventures is engaged in venture capital funding for startups. | 2015 | jswvc.com | Mumbai, India | |
Venture capital firm investing in deep tech and B2B early-stage startups. | 2015 | startupxseed.in | Bengaluru, India | |
Investment in engineering-driven deep-tech and science ventures in India. | 2008 | navamcapital.com | Kolkata, India | |
Investment funding and strategic guidance are provided by Auxano. | auxano.in | Gurugram, India | ||
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
Venture capital fund backed by government financial institutions focused on early and growth stage startups | 1999 | kitven.in | Bengaluru, India | |
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Early-stage investments are made in B2B and deep-tech startups. | growx.vc | Delhi, India | ||
Seed-stage investments are targeted globally by this venture capital firm. | durians.500.co | Singapore, Singapore |
Investor details for Aereo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Aarav Unmanned Systems Private Limited (Aereo)
Aarav Unmanned Systems Private Limited is the primary company behind Aereo. The board of Aarav Unmanned Systems Private Limited currently have 5 directors; the longest-serving is Suhas Banshiwala, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suhas Banshiwala DIN 06676058 | Director | 26 Sep 2013 | 13 yrs 1 mo | Aarav Unmanned Systems Private Limited |
| Vipul Singh DIN 06606948 | Director | 26 Sep 2013 | 13 yrs 1 mo | Aarav Unmanned Systems Private Limited |
| Ravi Balasaheb Thakur DIN 02023994 | Nominee Director | 02 Mar 2016 | 10 yrs 8 mo | Aarav Unmanned Systems Private Limited |
| Stuti Bhartia DIN 10683171 | Nominee Director | 09 Aug 2024 | 2 yrs 3 mo | Aarav Unmanned Systems Private Limited |
| Vedvati Rohit Pundlik DIN 06938906 | Company Secretary | 07 Feb 2025 | 1 yr 9 mo | Aarav Unmanned Systems Private Limited |
People of Aereo
2 people are tracked at Aereo (2 in leadership); the tracked headcount is 366.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership |
Complete people profiles for Aereo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Aereo
Figures of Aarav Unmanned Systems Private Limited, the primary company behind Aereo, for FY 2025. Revenue was ₹27.51 Cr (-51% year on year). Net loss was -₹43.10 Cr (-157% margin). EBITDA was -₹25.20 Cr (-92% margin). Revenue has grown at a compounded annual rate of +22% over three years and +60% over five years.
- ₹27.51 CrRevenue · FY 2025 · -51% YoY
- -₹43.10 CrNet loss · -157% margin
- -₹25.20 CrEBITDA · -92% margin
- ₹33.29 CrPaid-up capital
- 366Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aarav Unmanned Systems Private Limited are on its company page.
Detailed financial statements for Aereo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Aereo
4 dated milestones of Aereo across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Aereo is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $1.8M.
Competitors of Aereo
Aereo has 2 listed competitors in our database, 1 of them funded. They include WeDoSky and Minocular.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wedosky.com | 2014 | Delhi, India | $241,513 | Drone-based aerial data analytics solutions are provided for various sectors. | ||
| minocular.com | 2017 | Raipur, India | Drone surveying services for mining sites are provided. |
Detailed competitors of Aereo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Aereo
The website of Aereo (aereo.io) receives about 10.4K visits a month.
- Monthly visits10.4K
▲ 35.6% vs previous month
Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Aereo (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 26.48 M | 531 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
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Related news about Aereo
Complete news archive for Aereo
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Frequently Asked Questions about Aereo
Aereo was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Aereo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vipul Singh is the CEO of Aereo, as recorded in our data. They have also founded this company.
Aereo is a funded company, having raised a total of $23.75M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Feb 2016.
Aereo has 366 employees.
The primary company behind Aereo, Aarav Unmanned Systems Private Limited, reported revenue of ₹27.51 Cr for FY 2025, down 51% year on year.
A platform for drone surveys was founded in 2013 in Bengaluru, India. Operations focus on the geospatial and surveying sector, where integrated solutions are delivered for data collection and analysis. Survey-grade drones are supplied, alongside proprietary three-dimensional web-GIS tools that enable 360-degree visibility. Images are processed through multi-stage visual quality checks and parallel computing methods to support decision-making.
Aereo has 38 investors. Key investors include 360 One, LetsVenture, 3one4 Capital, Anicut Capital, and JSW Ventures.
The valuation of Aereo is $41.2M as of Aug 2022.
Aereo operates through Aarav Unmanned Systems Private Limited.
The legal entities of Aereo currently have 6 directors, including Ravi Balasaheb Thakur, Suhas Banshiwala, Vipul Singh and others.