About Aerofoyl
Aerofoyl is a Technology company based in Noida (India) founded in 2023 by Abhishek Rai and Farooq Ahmad Bhat. It provides AI and SaaS solutions for aviation baggage handling and tracking. It operates on a B2B model. Aerofoyl has raised $112.22 thousand across 2 funding rounds. Its chief executive, as recorded, is Abhishek Rai. Its focus areas include SaaS, Aviation Solutions and Baggage Management. Its legal entity in India is Aerofoyl Technologies Private Limited (U72100UP2023PTC184668).
Company details
Aerofoyl, established in 2023, excels in leveraging cutting-edge technology, offering software as a service, aviation solutions, and baggage management. Provides AI and SaaS solutions for aviation baggage handling and tracking. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Noida, India
- Founders Abhishek Rai, Farooq Ahmad Bhat
- SectorsTechnology
- Website aerofoyl.com
- Legal Name Aerofoyl Technologies Private Limited
- Date of Incorporation 28 Jun, 2023
- Jurisdiction Dadri, Uttar Pradesh, India
- Total Equity Funding$112.22K (USD)
in 2 rounds
- Latest Funding Round$64.06K (USD), Angel Round
Jun 2024
Associated legal entities of Aerofoyl
Aerofoyl operates through Aerofoyl Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aerofoyl Technologies Private Limited CIN U72100UP2023PTC184668 | Active | 28 Jun 2023 | Dadri, Uttar Pradesh | 2 | View details |
Funding Insights of Aerofoyl
Aerofoyl has successfully raised a total of $112.22K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $64.06 thousand completed in June 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 $112,222
- Total Rounds 2
- Last Round Angel Round — $64,059
- First Round $48,163
(Mar 2024)
All 2 funding rounds of Aerofoyl 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 |
|---|---|---|---|---|---|
| Jun 2024 | $64,059 | Angel Round | – | – | – |
| Mar 2024 | $48,163 | Angel Round | – | – | – |
Board of directors of Aerofoyl Technologies Private Limited (Aerofoyl)
Aerofoyl Technologies Private Limited is the primary company behind Aerofoyl. The board of Aerofoyl Technologies Private Limited currently have 2 directors; the longest-serving is Abhishek Rai, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Rai DIN 07851270 | Director | 28 Jun 2023 | 3 yrs 4 mo | Aerofoyl Technologies Private Limited |
| Aman Rai DIN 10217455 | Director | 28 Jun 2023 | 3 yrs 4 mo | Aerofoyl Technologies Private Limited |
People of Aerofoyl
2 people are tracked at Aerofoyl (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Farooq Ahmad Bhat | Co-Founder, CTO | Leadership |
Complete people profiles for Aerofoyl
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.
Timeline of Aerofoyl
3 dated milestones of Aerofoyl across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Aerofoyl is founded.
- Funding First funding round of $48K.
- Funding Latest funding round, Angel Round, of $64K.
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Frequently Asked Questions about Aerofoyl
Aerofoyl was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Aerofoyl is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Abhishek Rai is the CEO of Aerofoyl, as recorded in our data. They have also founded this company.
Aerofoyl is a funded company, having raised a total of $112.22K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $48.16K, raised on Mar 2024.
Aerofoyl, established in 2023, excels in leveraging cutting-edge technology, offering software as a service, aviation solutions, and baggage management. Provides AI and SaaS solutions for aviation baggage handling and tracking. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Aerofoyl operates through Aerofoyl Technologies Private Limited.
The legal entities of Aerofoyl currently have 2 directors, including Abhishek Rai, Aman Rai.