About Aerostrovilos
Aerostrovilos is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2017 by Satya Chakravarthy. Micro gas turbines are developed for commercial vehicle powertrains. Aerostrovilos has raised $522.62 thousand across 3 funding rounds from investors including Mumbai Angels, Tube Investments of India and Polaris Banyan Holding. Aerostrovilos was last valued at $1.67 million in November 2021. Its Indian entity Aerostrovilos Energy Private Limited reported revenue of ₹21.2 Lakh. Aerostrovilos offers products and services including LX-101 Micro Gas Turbine and Micro Gas Turbine Generator. Its focus areas include Auto, Auto Components, Powertrain System and Electric Vehicles.
Company details
Aerostrovilos was founded in 2017 in Chennai, India, within the powertrain sector for commercial vehicles. Micro gas turbines are developed by the platform for power-based applications, with fuel-flexible generators provided for practical implementation. Operations focus on engineering solutions that support vehicle propulsion and energy generation, tailored to industrial needs in the region.
- Headquarters Chennai, India
- Founders Satya Chakravarthy
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website aerostrovilos.com
- Social LinkedIn X YouTube
- Legal Name Aerostrovilos Energy Private Limited
- Date of Incorporation 12 Jul, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹21.2 Lakh
FY 2023 · +231% YoY
- Net Loss-₹48.6 Lakh
FY 2023 · -229% margin
- EBITDA-₹33.6 Lakh
FY 2023 · -159% margin
- Total Equity Funding$522.62K (USD)
in 3 rounds
- Latest Funding Round$470.19K (USD), Seed
Nov 2021
- InvestorsMumbai Angels
& 20 more
Associated legal entities of Aerostrovilos
Aerostrovilos operates through Aerostrovilos Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aerostrovilos Energy Private Limited CIN U29308KA2017PTC104608 | Active | 12 Jul 2017 | Bangalore, Karnataka | ₹0.2 Cr | 3 | View details |
Products & Services of Aerostrovilos
Aerostrovilos offers a comprehensive portfolio of products and services, including LX-101 Micro Gas Turbine and Micro Gas Turbine Generator.
Delivers fuel-flexible power up to 100kW for backup and industrial use.
Provides combined heat and power for oil rigs and EVs applications.
Funding Insights of Aerostrovilos
Aerostrovilos has successfully raised a total of $522.62K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $470.19 thousand completed in November 2021. 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 $522,615
- Total Rounds 3
- Last Round Seed — $470,185
- Investors Count 21
All 3 funding rounds of Aerostrovilos 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 |
|---|---|---|---|---|---|
| Nov 2021 | $470,185 | Seed | $1.67M | Tube Investments of India | – |
| Jul 2020 | $52,430 | Seed | $721,912 | Mumbai Angels, Karthik Kajaria | |
| Jun 2018 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $1.67M | •••••••• |
Last known valuation $1.67M (Nov 2021). 21 investors in total: 6 institutional and 15 angel.
Investors in Aerostrovilos
Aerostrovilos has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mumbai Angels, Tube Investments of India and Polaris Banyan Holding.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
High precision tubes are manufactured for automobiles and bicycles. | 1949 | tiindia.com | Chennai, India | |
Private equity firm focused on multiple sectors | Chennai, India | |||
Manufacturer of plastic products | Kolkata, India | |||
| bharatpetroleum.com | ||||
KK Karthik Kajaria | unknown_b060da8124e14f498 | |||
UV Utsav Vinimay | unknown_dbd03d89989b423eb | |||
YP Yash Pal Grover | unknown_1161eceafb7e4456a | |||
JL Jawahar Lal Grover | unknown_be9cda2d53e744389 |
Investor details for Aerostrovilos
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Aerostrovilos Energy Private Limited (Aerostrovilos)
Aerostrovilos Energy Private Limited is the primary company behind Aerostrovilos. The board of Aerostrovilos Energy Private Limited currently have 3 directors; the longest-serving is Rohit Grover, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Grover DIN 07863245 | Director | 12 Jul 2017 | 9 yrs 4 mo | Aerostrovilos Energy Private Limited |
| Satyanarayanan Raghuraman Chakravarthy DIN 07889632 | Director | 27 Jul 2017 | 9 yrs 3 mo | Aerostrovilos Energy Private Limited |
| Mukesh Ahuja DIN 09364667 | Nominee Director | 24 Nov 2021 | 4 yrs 11 mo | Aerostrovilos Energy Private Limited |
People of Aerostrovilos
4 people are tracked at Aerostrovilos (1 in leadership, 1 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Satya Chakravarthy | Co-Founder | Leadership |
| Advisor & Propulsion Expert | Board & advisors | |
Ujas Patel | Combustion Engineer | Team |
Rahul Chauhan | Lead Design Engineer | Team |
Complete people profiles for Aerostrovilos
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 Aerostrovilos
Figures of Aerostrovilos Energy Private Limited, the primary company behind Aerostrovilos, for FY 2023. Revenue was ₹21.2 Lakh (+231% year on year). Net loss was -₹48.6 Lakh (-229% margin). EBITDA was -₹33.6 Lakh (-159% margin). Revenue has grown at a compounded annual rate of -26% over three years.
- ₹21.2 LakhRevenue · FY 2023 · +231% YoY
- -₹48.6 LakhNet loss · -229% margin
- -₹33.6 LakhEBITDA · -159% margin
- ₹1.5 LakhPaid-up capital
- -26%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Aerostrovilos Energy Private Limited are on its company page.
Detailed financial statements for Aerostrovilos
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Aerostrovilos
4 dated milestones of Aerostrovilos across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Aerostrovilos is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $470K.
- Milestone Reaches Minicorn status.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Aerostrovilos (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Frequently Asked Questions about Aerostrovilos
Aerostrovilos was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Aerostrovilos is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Aerostrovilos is a funded company, having raised a total of $522.62K across 3 funding rounds to date.
The primary company behind Aerostrovilos, Aerostrovilos Energy Private Limited, reported revenue of ₹21.2 Lakh for FY 2023, up 231% year on year.
Aerostrovilos was founded in 2017 in Chennai, India, within the powertrain sector for commercial vehicles. Micro gas turbines are developed by the platform for power-based applications, with fuel-flexible generators provided for practical implementation. Operations focus on engineering solutions that support vehicle propulsion and energy generation, tailored to industrial needs in the region.
Aerostrovilos offers LX-101 Micro Gas Turbine and Micro Gas Turbine Generator.
Aerostrovilos has 21 investors. Key investors include Mumbai Angels, Tube Investments of India, Polaris Banyan Holding, Purv Flexipack, and Karthik Kajaria.
The valuation of Aerostrovilos is $1.67M as of Nov 2021.
Aerostrovilos operates through Aerostrovilos Energy Private Limited.
The legal entities of Aerostrovilos currently have 3 directors, including Satyanarayanan Raghuraman Chakravarthy, Mukesh Ahuja, Rohit Grover.