About AeroBay
AeroBay is an Education company based in Noida (India) founded in 2019 by Nitin Choyal, Neha Chauhan, Ashish Kumawat, and Vaishnav Chintalpudi. Multi-disciplinary online learning solutions for children are offered. AeroBay has raised $787.24 thousand across 4 funding rounds from investors including UIncept Accelerator, Enrission India Capital and Rahul Gupta. AeroBay was last valued at $8.7 million in March 2024. Its chief executive, as recorded, is Neha Chauhan. Its Indian entity Aviotron Aerospace Private Limited reported revenue of ₹3.92 Cr. AeroBay offers products and services including Composite Skill Lab, AeroBay Kit, and Customized Curriculum. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Aerospace.
Company details
AeroBay was founded in 2019 and is headquartered in Noida, India. An online platform is operated to deliver educational courses for children in fields such as aerospace, drones, electric vehicles, and meteorology. Multi-disciplinary learning resources are provided through digital access, targeting young learners in the edtech sector. Operations focus on structured online modules without physical infrastructure.
- Headquarters Noida, India
- Founders Nitin Choyal, Neha Chauhan, Ashish Kumawat, Vaishnav Chintalpudi
- Stage Minicorn
- SectorsEducation
- Website aerobay.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Aviotron Aerospace Private Limited
- Date of Incorporation 24 Mar, 2021
- Jurisdiction Murlipura, Rajasthan, India
- Annual Revenue₹3.92 Cr
FY 2024 · +271% YoY
- Net Profit₹4.5 Lakh
FY 2024 · 1% margin
- EBITDA₹6.4 Lakh
FY 2024 · 2% margin
- Total Equity Funding$787.24K (USD)
in 4 rounds
- Latest Funding Round$595.14K (USD), Seed
Mar 2024
- InvestorsUIncept Accelerator
& 13 more
Associated legal entities of AeroBay
AeroBay operates through Aviotron Aerospace Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aviotron Aerospace Private Limited CIN U80301RJ2021PTC074238 | Active | 24 Mar 2021 | Murlipura, Rajasthan | ₹3.9 Cr | 33 | 4 | View details |
Products & Services of AeroBay
AeroBay offers a comprehensive portfolio of products and services, including Composite Skill Lab, AeroBay Kit, and Customized Curriculum.
Facility for hands-on skill training in schools per NEP 2020.
Tools for experiential STEAM learning and concept-based activities.
Tailored STEAM content for various age groups and school boards.
Funding Insights of AeroBay
AeroBay has successfully raised a total of $787.24K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $595.14 thousand completed in March 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 $787,242
- Total Rounds 4
- Last Round Seed — $595,140
- First Round $88,399
(Apr 2022)
- Investors Count 14
All 4 funding rounds of AeroBay 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 |
|---|---|---|---|---|---|
| Mar 2024 | $595,140 | Seed | $8.7M | – | |
| Mar 2023 | $53,310 | Seed | $1.49M | – | |
| Jul 2022 | $50,393 | Seed | $••••• | Tati Mannem | |
| Apr 2022 | $88,399 | Angel Round | $••••• | Niroj Rath, Ramesh Muniyandi |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $8.7M | •••••••• |
| Mar 2023 | $1.49M | •••••••• |
| Jul 2022 | $••••• | •••••••• |
| Apr 2022 | $••••• | •••••••• |
Full valuation and stage history of AeroBay
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 $8.7M (Mar 2024). 14 investors in total: 2 institutional and 12 angel.
Investors in AeroBay
AeroBay has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include UIncept Accelerator, Enrission India Capital and Rahul Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| 2016 | capital-enrissionindia.jp | |||
EdTech startup acceleration and support services are offered in India. | 2015 | uincept.com | Gurugram, India | |
RG Rahul Gupta | Angel investor and entrepreneur, focused on tech startups in India. | unknown_1eb777c44ca74d5ab | ||
RG Rahul Gupta | unknown_2f618b5ba66d49518 | |||
JR Jaisingh Rajwade | unknown_19f1d683a2bf4f77b | |||
TM Tati Mannem | unknown_23260a9b08d64bd29 | |||
SR Shivani Rai | unknown_3296c6af92ec4648a | |||
NR Niroj Rath | unknown_2a8b167eb6964155a | |||
RM Ramesh Muniyandi | unknown_cedacee3f76748c2b | |||
VS Vijayalakshmi Suresh | unknown_7790dacc977242bcb |
Investor details for AeroBay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Aviotron Aerospace Private Limited (AeroBay)
Aviotron Aerospace Private Limited is the primary company behind AeroBay. The board of Aviotron Aerospace Private Limited currently have 4 directors; the longest-serving is Neha Chauhan, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neha Chauhan DIN 09121050 | Director | 24 Mar 2021 | 5 yrs 7 mo | Aviotron Aerospace Private Limited |
| Nitin Choyal DIN 09121051 | Director | 24 Mar 2021 | 5 yrs 7 mo | Aviotron Aerospace Private Limited |
| Chintalpudi Vaishnav DIN 07730983 | Director | 24 Mar 2021 | 5 yrs 7 mo | Aviotron Aerospace Private Limited |
| Ashish Kumawat DIN 07730974 | Director | 24 Mar 2021 | 5 yrs 7 mo | Aviotron Aerospace Private Limited |
People of AeroBay
4 people are tracked at AeroBay (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Chief Technical Officer | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & Chief Marketing Officer | Leadership | |
| Co-Founder & CBO | Leadership |
Complete people profiles for AeroBay
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 AeroBay
Figures of Aviotron Aerospace Private Limited, the primary company behind AeroBay, for FY 2024. Revenue was ₹3.92 Cr (+271% year on year). Net profit was ₹4.5 Lakh (1% margin). EBITDA was ₹6.4 Lakh (2% margin).
- ₹3.92 CrRevenue · FY 2024 · +271% YoY
- ₹4.5 LakhNet profit · 1% margin
- ₹6.4 LakhEBITDA · 2% margin
- ₹1.2 LakhPaid-up capital
- 33Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Aviotron Aerospace Private Limited are on its company page.
Detailed financial statements for AeroBay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of AeroBay
4 dated milestones of AeroBay across 5 years, from founding to its latest funding, stage changes and deals.
- Founded AeroBay is founded.
- Funding First funding round of $88K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $595K.
Web traffic of AeroBay
The website of AeroBay (aerobay.in) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 38.5% vs previous month
Top companies in Education Technology Platforms
3 companies that operate in the same segment as AeroBay (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 45.8 M | 1,140 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Aerobay
Complete news archive for AeroBay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about AeroBay
AeroBay was founded in 2019 and raised its 1st funding round 3 years after it was founded.
AeroBay is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Neha Chauhan is the CEO of AeroBay, as recorded in our data. They have also founded this company.
AeroBay is a funded company, having raised a total of $787.24K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $88.4K, raised on Apr 2022.
The primary company behind AeroBay, Aviotron Aerospace Private Limited, reported revenue of ₹3.92 Cr for FY 2024, up 271% year on year.
AeroBay was founded in 2019 and is headquartered in Noida, India. An online platform is operated to deliver educational courses for children in fields such as aerospace, drones, electric vehicles, and meteorology. Multi-disciplinary learning resources are provided through digital access, targeting young learners in the edtech sector. Operations focus on structured online modules without physical infrastructure.
AeroBay offers Composite Skill Lab, AeroBay Kit, and Customized Curriculum.
AeroBay has 14 investors. Key investors include UIncept Accelerator, Enrission India Capital, Rahul Gupta, Rahul Gupta, and Jaisingh Rajwade.
The valuation of AeroBay is $8.7M as of Mar 2024.
AeroBay operates through Aviotron Aerospace Private Limited.
The legal entities of AeroBay currently have 4 directors, including Neha Chauhan, Nitin Choyal, Chintalpudi Vaishnav and others.