AerX Labs

Bengaluru, India Founded: 2015 • Age: 11 yrs
Provider of flight simulators for train pilots and engineers
Annual revenue $181,303 Latest available
Total funding $322,263 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aerx Labs India Private Limited
  • Date of Incorporation 29 Jul, 2015
  • Jurisdiction Hsr Layout, Karnataka, India
Operational Areas
Technology → Aviation & Specialized Tech Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $181.3 K (USD)
    -47.71
    as on Mar 31, 2022
  • Net Profit
    -$8.27 K (USD)
    -146.11
    as on Mar 31, 2022
  • EBITDA
    $7.48 K (USD)
    -72.54
    as on Mar 31, 2022
  • Total Equity Funding
    $322.26 K (USD)

    in 2 rounds

  • Latest Funding Round
    $322.26 K (USD), Angel Round

    May 27, 2022

  • Investors
  • Employee Count
    Not available
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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 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.

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Startup accelerator
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Sajal Jagdish Heda

-
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Nihit Shah

-
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Investments & Acquisitions by AerX Labs

Investments
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Investment portfolio details for AerX Labs

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Financial Statements - AerX Labs

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Detailed financials for AerX Labs

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Aerx Labs Comparisons

AerX Labs Primary company
Description
Provider of flight simulators for train pilots and engineers
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$181.3 K (USD)
Net Profit
-$8.27 K (USD)
EBITDA
$7.48 K (USD)
Employees
Not available
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Peer comparison for AerX Labs

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of flight training services
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Simulation-based products and pilot training solutions are provided for aviation.
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Provides digital resources for 737 pilot training and system reviews.
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Software for controlling flight simulators with weather and aircraft features.
Locked Locked Locked
Simulates E6B slide ruler for pilots with touch controls and precise calculations.
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Detailed competitors of AerX Labs

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Latest news on Aerx Labs

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Complete news archive for AerX Labs

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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.

Annual revenue of AerX Labs is $181.3K as on Mar 31, 2022.

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's top competitors include TRU Simulation + Training, Avion Group and Pilot Pipeline.

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.

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