About Aeron Systems
Aeron Systems is a Technology company based in Pune (India) founded in 2008 by Abhijeet Bokil and Ashvani Kumar. It operates as an inertial navigation systems and industrial IoT solutions are manufactured. Aeron Systems has raised $6.55 million across 5 funding rounds from investors including Bharat Forge, Growth Spark and Riverwalk Holdings. The company has 104 employees. Aeron Systems was last valued at $5.4 million in December 2019. Its website aeronsystems.com draws about 18 thousand monthly visits. Its Indian entity Aeron Systems Private Limited reported revenue of ₹71.68 Cr. Its focus areas include Semiconductors, Sensors, Generic Sensor Developers and Positioning & Motion. Its competitors include Tdk Electronic Components, Kerlink, Civitanavi Systems, InvenSense and CoreTigo and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Founded in 2008 and based in Pune, India, inertial navigation systems and industrial IoT solutions are developed by the company for guidance, navigation, control, and environmental monitoring. Products such as inertial measurement units, data loggers, weather sensors, and rugged GNSS receivers are offered to sectors including aerospace, agriculture, automotive, defense, renewable energy, and environmental applications.
- Headquarters Pune, India
- Employees 104
- Founders Abhijeet Bokil, Ashvani Kumar
- Stage Minicorn
- SectorsTechnology
- Phone•••• ••••
- Website aeronsystems.com
- Social LinkedIn X Facebook
- Legal Name Aeron Systems Private Limited
- Date of Incorporation 10 Nov, 2008
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹71.68 Cr
FY 2025 · +42% YoY
- Net Profit₹7.14 Cr
FY 2025 · 10% margin
- EBITDA₹15.88 Cr
FY 2025 · 22% margin
- Total Equity Funding$6.55M (USD)
in 5 rounds
- Latest Funding Round$4.7M (USD), Series A
Sep 2026
- InvestorsBharat Forge
& 3 more
- Employee Count104
Associated legal entities of Aeron Systems
Aeron Systems operates through Aeron 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 |
|---|---|---|---|---|---|---|---|
| Aeron Systems Private Limited CIN U72200PN2008PTC133026 | Active | 10 Nov 2008 | Pune, Maharashtra | ₹71.7 Cr | 104 | 5 | View details |
Funding Insights of Aeron Systems
Aeron Systems has successfully raised a total of $6.55M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.7 million completed in September 2026. 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 $6.55M
- Total Rounds 5
- Last Round Series A — $4.7M
- First Round $141,641
(Mar 2014)
- Investors Count 4
All 5 funding rounds of Aeron Systems 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 2026 | $4.7M | Series A | – | Riverwalk Holdings, MGF Kavachh | – |
| Aug 2020 | – | Series A | – | Bharat Forge | – |
| Dec 2019 | $279,572 | Series A | $5.4M | Bharat Forge | – |
| May 2019 | $1.43M | Series A | $5.42M | Bharat Forge | – |
| Mar 2014 | $141,641 | Seed | $••••• | Growth Spark | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2019 | $5.4M | •••••••• |
| May 2019 | $5.42M | •••••••• |
Last known valuation $5.4M (Dec 2019). 4 investors in total: 4 institutional.
Investors in Aeron Systems
Aeron Systems has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Bharat Forge, Growth Spark and Riverwalk Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | riverwalkholdings.com | - | |
- | – | mounttechindia.com | - | |
Technology-enabled automotive tools, forging, and machining materials are manufactured. | 1961 | bharatforge.com | Pune, India | |
Provides digital marketing, Shopify development, and SEO for eCommerce companies. | 2008 | growthspark.com | Boston, United States |
Investor details for Aeron Systems
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Board of directors of Aeron Systems Private Limited (Aeron Systems)
Aeron Systems Private Limited is the primary company behind Aeron Systems. The board of Aeron Systems Private Limited currently have 5 directors; the longest-serving is Ashvani Kumar Shukla, appointed in 2008. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashvani Kumar Shukla DIN 02230976 | Director | 10 Nov 2008 | 17 yrs 11 mo | Aeron Systems Private Limited |
| Abhijit Bokil DIN 02231754 | Director | 10 Nov 2008 | 17 yrs 11 mo | Aeron Systems Private Limited |
| Ajoy Kanti Ghosh DIN 03475516 | Director | 01 Oct 2016 | 10 yrs | Aeron Systems Private Limited |
| Avinash Shailendra Agarwal DIN 00668684 | Director | 02 Jul 2020 | 6 yrs 3 mo | Aeron Systems Private Limited |
| Rajinder Singh Bhatia DIN 05333963 | Nominee Director | 20 Oct 2022 | 3 yrs 11 mo | Aeron Systems Private Limited |
People of Aeron Systems
10 people are tracked at Aeron Systems (4 in leadership, 6 in team); the tracked headcount is 104.
| Name | Role | Group |
|---|---|---|
Abhijeet Bokil | Co-Founder & MD & CTO | Leadership |
| Co-Founder | Leadership | |
Bharat Kokate | Head - Embedded Systems | Leadership |
| Chief Executive Officer | Leadership | |
Rohini Shinde | Team Lead | Team |
Ravi Shankar Sharma | Mechanical Design Engineer | Team |
Vinayak Pundhir | Embedded Software Developer | Team |
Ritesh G Vyas | Embedded Software Developer | Team |
Harsh Shah | Assistant Manager - Pre Sales And Support | Team |
Sagar Pathak | Manager Sales & Marketing (iot) | Team |
Complete people profiles for Aeron Systems
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Financials of Aeron Systems
Figures of Aeron Systems Private Limited, the primary company behind Aeron Systems, for FY 2025. Revenue was ₹71.68 Cr (+42% year on year). Net profit was ₹7.14 Cr (10% margin). EBITDA was ₹15.88 Cr (22% margin). Revenue has grown at a compounded annual rate of +30% over three years and +51% over five years.
- ₹71.68 CrRevenue · FY 2025 · +42% YoY
- ₹7.14 CrNet profit · 10% margin
- ₹15.88 CrEBITDA · 22% margin
- ₹36.8 LakhPaid-up capital
- 104Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aeron Systems Private Limited are on its company page.
Detailed financial statements for Aeron Systems
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Timeline of Aeron Systems
4 dated milestones of Aeron Systems across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Aeron Systems is founded.
- Funding First funding round of $142K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $4.7M.
Competitors of Aeron Systems
Aeron Systems has 10 listed competitors in our database, 7 of them funded. They include Tdk Electronic Components, Kerlink, Civitanavi Systems, InvenSense and CoreTigo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tdk.com | 1974 | Lincolnshire, United States | – | – | Manufacturer of electronic components and materials. This company develops and produces a wide array of electronic components, including magnetic products, capacitors, resistors, and sensors. These components are used in various applications across diverse industries, such as automotive, industrial, and consumer electronics. The company also offers related technologies and solutions. Its operations encompass research and development, manufacturing, and sales. | |
| kerlink.com | 2004 | Brittany, France | $2.95M | – | M2M communication equipment is supplied for object connectivity. | |
| civitanavi.com | 2012 | Pedaso, Italy | $2.67M | – | Inertial navigation products including gyroscopes and IMUs are developed. | |
| invensense.com | 2003 | San Jose, United States | $38M | 288 | MotionTracking sensor system on chips with integrated motion and sound solutions | |
| coretigo.com | 2017 | Netanya, Israel | $27M | – | Industrial wireless automation solutions are provided for manufacturing enhancement. | |
| tttech.com | 1998 | Vienna, Austria | $103.4M | – | Deterministic ethernet and IoT connectivity solutions are provided for networking. | |
| antenova.com | 2001 | Hatfield, United Kingdom | $37.88M | 27 | Antennas for IoT, M2M, and consumer devices are supplied. | |
| multitech.com | 1970 | Ramsey, United States | – | – | Connectivity hardware for IoT and M2M applications is supplied. | |
| loriot.io | 2015 | Zurich, Switzerland | – | – | Cloud-based gateways and servers for IoT are provided. | |
| advancednavigation.com | 2012 | Sydney, Australia | $101M | – | Developer of AI and cloud-based inertial sensor systems for navigation |
Detailed competitors of Aeron Systems
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Web traffic of Aeron Systems
The website of Aeron Systems (aeronsystems.com) receives about 18.5K visits a month.
- Monthly visits18.5K
▲ 142% vs previous month
Websites whose visitors overlap most with Aeron Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rsc.org | 100% | 5M | #14,264 | View details | |
| gooverseas.com | 100% | 611.7K | #100,518 | View details |
Top companies in Sensors & Smart Devices
10 companies that operate in the same segment as Aeron Systems (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.56 M | USD 4.74 B | 4,473 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Related news about Aeron Systems
Complete news archive for Aeron Systems
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Frequently Asked Questions about Aeron Systems
Aeron Systems was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Aeron Systems is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Aeron Systems is a funded company, having raised a total of $6.55M across 5 funding rounds to date. The company's 1st funding round was a Seed of $141.64K, raised on Mar 2014.
Aeron Systems has 104 employees.
The primary company behind Aeron Systems, Aeron Systems Private Limited, reported revenue of ₹71.68 Cr for FY 2025, up 42% year on year.
Founded in 2008 and based in Pune, India, inertial navigation systems and industrial IoT solutions are developed by the company for guidance, navigation, control, and environmental monitoring. Products such as inertial measurement units, data loggers, weather sensors, and rugged GNSS receivers are offered to sectors including aerospace, agriculture, automotive, defense, renewable energy, and environmental applications.
Aeron Systems's top competitors include Kerlink, Civitanavi Systems and CoreTigo.
Aeron Systems has 4 investors. Key investors include Bharat Forge, Growth Spark, Riverwalk Holdings, and MGF Kavachh.
The valuation of Aeron Systems is $5.4M as of Dec 2019.
Aeron Systems operates through Aeron Systems Private Limited.
The legal entities of Aeron Systems currently have 5 directors, including Ashvani Kumar Shukla, Abhijit Bokil, Ajoy Kanti Ghosh and others.