About AerX Labs
AerX Labs is a company based in Bengaluru (India) founded in 2015 by Kartavya Gupta and Sumit Rishi.. AerX Labs has raised $322.26 thousand across 2 funding rounds from investors including Sajal Jagdish Heda, Nihit Shah and Prashanth Veera Karumanchi. AerX Labs operates in a competitive market with competitors including TRU Simulation + Training, Avion Group, The 737 Handbook, FS-FlightControl and Dao Software, among others.
- Headquarter Bengaluru, India
- Founders Kartavya Gupta, Sumit Rishi
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Aerx Labs India Private Limited
- Date of Incorporation 29 Jul, 2015
- Jurisdiction Hsr Layout, Karnataka, India
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Annual Revenue
$181.3 K (USD)-47.71as on Mar 31, 2022
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Net Profit
$-8.27 K (USD)-146.11as on Mar 31, 2022
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EBITDA
$7.48 K (USD)-72.54as on Mar 31, 2022
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Total Equity Funding
$322.26 K (USD)
in 2 rounds
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Latest Funding Round
$322.26 K (USD), Angel Round
May 27, 2022
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Investors
Bosch DNA accelerator
& 7 more
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Employee Count
Employee Count
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Funding Insights of AerX Labs
AerX Labs has successfully raised a total of $322.26K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $322.26 thousand completed in May 2022. 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $322,263
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Angel Round - AerX Labs | Valuation | Sajal Jagdish Heda | |
| Nov, 2016 | Amount | Seed - AerX Labs | Valuation | Bosch DNA accelerator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AerX Labs
AerX Labs has secured backing from 8 investors, including angel and venture fund investors. Prominent investors backing the company include Sajal Jagdish Heda, Nihit Shah and Prashanth Veera Karumanchi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startup accelerator
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Founded Year | Domain | Location | |
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SJ
Sajal Jagdish Heda |
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Founded Year | Domain | Location |
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NS
Nihit Shah |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AerX Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AerX Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aerx Labs Comparisons
Competitors of AerX Labs
AerX Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TRU Simulation + Training, Avion Group, The 737 Handbook, FS-FlightControl and Dao Software, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of flight training services
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| domain | founded_year | HQ Location |
Simulation-based products and pilot training solutions are provided for aviation.
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| domain | founded_year | HQ Location |
Provides digital resources for 737 pilot training and system reviews.
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| domain | founded_year | HQ Location |
Software for controlling flight simulators with weather and aircraft features.
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| domain | founded_year | HQ Location |
Simulates E6B slide ruler for pilots with touch controls and precise calculations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AerX Labs
When was AerX Labs founded?
AerX Labs was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is AerX Labs located?
AerX Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is AerX Labs a funded company?
AerX Labs is a funded company, having raised a total of $322.26K across 2 funding rounds to date.
What is the annual revenue of AerX Labs?
Annual revenue of AerX Labs is $181.3K as on Mar 31, 2022.
What does AerX Labs do?
AerX Labs was founded in 2015 in Bengaluru, India, and operates in the aviation simulation sector. Single and multi-engine simulators, procedure trainers, helicopter simulators, and full-flight simulators are offered for piston aircraft, turboprops, light jets, UAVs, and rotary-wing aircraft. Additional services include simulator rentals, maintenance, upgrades, and training through design consultancy. Target markets encompass flight schools, universities with aviation programs, airlines, and avionics firms.
Who are the top competitors of AerX Labs?
AerX Labs's top competitors include TRU Simulation + Training, Avion Group and Pilot Pipeline.
Who are AerX Labs's investors?
AerX Labs has 8 investors. Key investors include Sajal Jagdish Heda, Nihit Shah, Prashanth Veera Karumanchi, Vinod Janardhan, and Rachana Rakesh Raval.
What is AerX Labs's valuation?
The valuation of AerX Labs is $11.71M as of May 2022.