About AerX Labs
AerX Labs is a Technology company based in Bengaluru (India) founded in 2015 by Kartavya Gupta and Sumit Rishi. Provider of flight simulators for train pilots and engineers. 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 was last valued at $11.71 million in May 2022. Its Indian entity Aerx Labs India Private Limited reported revenue of ₹11.76 Cr. Its focus areas include Travel and Hospitality Tech, Aviation IT, HR Management and Training School Solutions.
Company details
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.
- Headquarters Bengaluru, India
- Founders Kartavya Gupta, Sumit Rishi
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website aerxlabs.com
- Social LinkedIn X Facebook
- Legal Name Aerx Labs India Private Limited
- Date of Incorporation 29 Jul, 2015
- Jurisdiction Hsr Layout, Karnataka, India
- Annual Revenue₹11.76 Cr
FY 2025 · +55% YoY
- Net Profit₹1.02 Cr
FY 2025 · 9% margin
- EBITDA₹2.07 Cr
FY 2025 · 18% margin
- Total Equity Funding$322.26K (USD)
in 2 rounds
- Latest Funding Round$322.26K (USD), Angel Round
May 2022
- InvestorsBosch DNA accelerator
& 7 more
Associated legal entities of AerX Labs
AerX Labs operates through Aerx Labs India 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 |
|---|---|---|---|---|---|---|---|
| Aerx Labs India Private Limited CIN U74900KA2015PTC081861 | Active | 29 Jul 2015 | Bangalore, Karnataka | ₹11.8 Cr | 25 | 2 | View details |
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 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 $322,263
- Total Rounds 2
- Last Round Angel Round — $322,263
- Investors Count 8
All 2 funding rounds of AerX Labs 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 |
|---|---|---|---|---|---|
| May 2022 | $322,263 | Angel Round | $11.71M | Sajal Jagdish Heda | |
| Nov 2016 | Seed | – | Bosch DNA accelerator | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $11.71M | •••••••• |
Last known valuation $11.71M (May 2022). 8 investors in total: 1 institutional and 7 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup accelerator | boschaccelerator.in | Bengaluru, India | ||
SJ Sajal Jagdish Heda | unknown_dd9c93d28fe642ea9 | |||
NS Nihit Shah | unknown_8cad37c6bfa048579 | |||
PV Prashanth Veera Karumanchi | unknown_d62bf31bbfdf44408 | |||
VJ Vinod Janardhan | unknown_ec730a32a4c54d409 | |||
RR Rachana Rakesh Raval | unknown_b1f7cfd68d024780a | |||
AB Aditya Bhargava | Angel investor and entrepreneur, focused on tech startups in India. | unknown_41cec92b48db4863b | ||
RM Rahul Mahajan | Angel investor, tech entrepreneur, focused on early-stage Indian startups | unknown_970bb395d3e94807b |
Investor details for AerX Labs
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 Aerx Labs India Private Limited (AerX Labs)
Aerx Labs India Private Limited is the primary company behind AerX Labs. The board of Aerx Labs India Private Limited currently have 2 directors; the longest-serving is Sumit Rishi, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumit Rishi DIN 03288424 | Director | 29 Jul 2015 | 11 yrs 3 mo | Aerx Labs India Private Limited |
| Kartavya Mohan Gupta DIN 07110287 | Director | 29 Jul 2015 | 11 yrs 3 mo | Aerx Labs India Private Limited |
People of AerX Labs
2 people are tracked at AerX Labs (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for AerX Labs
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 AerX Labs
Figures of Aerx Labs India Private Limited, the primary company behind AerX Labs, for FY 2025. Revenue was ₹11.76 Cr (+55% year on year). Net profit was ₹1.02 Cr (9% margin). EBITDA was ₹2.07 Cr (18% margin). Revenue has grown at a compounded annual rate of +99% over three years and +25% over five years.
- ₹11.76 CrRevenue · FY 2025 · +55% YoY
- ₹1.02 CrNet profit · 9% margin
- ₹2.07 CrEBITDA · 18% margin
- ₹73.9 LakhPaid-up capital
- 25Employees (provident fund records)
- +99%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aerx Labs India Private Limited are on its company page.
Detailed financial statements for AerX Labs
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 AerX Labs
4 dated milestones of AerX Labs across 7 years, from founding to its latest funding, stage changes and deals.
- Founded AerX Labs is founded.
- Funding First funding round.
- Funding Latest funding round, Angel Round, of $322K.
- Milestone Reaches Minicorn status.
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Frequently Asked Questions about AerX Labs
AerX Labs was founded in 2015 and raised its 1st funding round 1 year after it was founded.
AerX Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
AerX Labs is a funded company, having raised a total of $322.26K across 2 funding rounds to date.
The primary company behind AerX Labs, Aerx Labs India Private Limited, reported revenue of ₹11.76 Cr for FY 2025, up 55% year on year.
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.
AerX Labs has 8 investors. Key investors include Sajal Jagdish Heda, Nihit Shah, Prashanth Veera Karumanchi, Vinod Janardhan, and Rachana Rakesh Raval.
The valuation of AerX Labs is $11.71M as of May 2022.
AerX Labs operates through Aerx Labs India Private Limited.
The legal entities of AerX Labs currently have 2 directors, including Sumit Rishi, Kartavya Mohan Gupta.