About AVGARDE
AVGARDE is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2018 by Manash Bhuyan and Nilutpal Choudhury. It operates as an AI-enabled drone detection and countermeasure platforms are developed. AVGARDE has raised $752.76 thousand across 3 funding rounds from investors including NVCL, Aroon Raman and Afried Raman. AVGARDE was last valued at $8.59 million in October 2024. Its chief executive is Nilutpal Choudhury. Its Indian entity Avgarde Systems Private Limited reported revenue of ₹1.24 Cr. AVGARDE offers products and services including DroneAstra Platform, DroneDOOT, DroneARM, DroneSENSE, and DroneWALL. Its focus areas include High Tech, Drones, Commercial Drones and Aerial Surveying. Its competitors include Zen Technologies, Epirus, Fortem Technologies, Dedrone and DroneShield and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
AVGARDE was founded in 2018 in Bengaluru, India, as a developer of AI-enabled technology for drone detection and countermeasures. Operations focus on providing a platform for aerial object sensing and situational awareness in low-altitude airspace. Products such as drone detectors, jammers, and ID broadcasters are offered to support sectors including aircraft safety, unmanned traffic management, military and security applications, and critical infrastructure protection.
- Headquarters Bengaluru, India
- Founders Manash Bhuyan, Nilutpal Choudhury
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Website avgarde.net
- Social LinkedIn X
- Legal Name Avgarde Systems Private Limited
- Date of Incorporation 07 Mar, 2018
- Jurisdiction Kamrup, Assam, India
- Annual Revenue₹1.24 Cr
FY 2023 · -47% YoY
- Net Loss-₹72.5 Lakh
FY 2023 · -59% margin
- EBITDA-₹49.7 Lakh
FY 2023 · -40% margin
- Total Equity Funding$752.76K (USD)
in 3 rounds
- Latest Funding Round$499.82K (USD), Seed
Oct 2024
- InvestorsNVCL
& 3 more
Associated legal entities of AVGARDE
AVGARDE operates through Avgarde Systems 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 |
|---|---|---|---|---|---|---|---|
| Avgarde Systems Private Limited CIN U74999AS2018PTC018387 | Active | 07 Mar 2018 | Gmc, Assam | ₹1.2 Cr | – | 2 | View details |
Products & Services of AVGARDE
AVGARDE offers a comprehensive portfolio of products and services, including DroneAstra Platform, DroneDOOT, DroneARM, DroneSENSE, and DroneWALL.
AI suite for sensing and managing aerial objects in low-altitude airspace.
3D radar for precise tracking and classification of drones.
Handheld gun for jamming and neutralizing drone threats.
RF-based system for detecting drones via emitted signals.
Low-power jammer to disrupt drone frequencies and movements.
System for jamming and spoofing to counter drone incursions.
Module for broadcasting drone ID to distinguish friendly units.
Funding Insights of AVGARDE
AVGARDE has successfully raised a total of $752.76K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $499.82 thousand completed in October 2024. 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 $752,761
- Total Rounds 3
- Last Round Seed — $499,817
- First Round $12,914
(May 2022)
- Investors Count 4
All 3 funding rounds of AVGARDE 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 |
|---|---|---|---|---|---|
| Oct 2024 | $499,817 | Seed | $8.59M | NVCL | |
| Nov 2023 | $240,030 | Angel Round | $5.04M | Aroon Raman, Afried Raman | – |
| May 2022 | $12,914 | Seed | $••••• | IIT Guwahati Technology Innovation and Development Foundation | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2024 | $8.59M | •••••••• |
| Nov 2023 | $5.04M | •••••••• |
| May 2022 | $••••• | •••••••• |
Full valuation and stage history of AVGARDE
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Last known valuation $8.59M (Oct 2024). 4 investors in total: 2 institutional and 2 angel.
Investors in AVGARDE
AVGARDE has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include NVCL, Aroon Raman and Afried Raman.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund management and support for startups in the north-eastern region of India. | 2016 | nedfiventure.com | Guwahati, India | |
A foundation focused on underwater technology innovation and development. | – | iitgtidf.com | Guwahati, India | |
AR Aroon Raman | - | – | unknown_73ea5c3748e34f129 | - |
AR Afried Raman | - | – | unknown_0ca2bc38a21c4fa0b | - |
Investor details for AVGARDE
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Board of directors of Avgarde Systems Private Limited (AVGARDE)
Avgarde Systems Private Limited is the primary company behind AVGARDE. The board of Avgarde Systems Private Limited currently have 2 directors; the longest-serving is Nilutpal Choudhury, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilutpal Choudhury DIN 08079958 | Director | 07 Mar 2018 | 8 yrs 7 mo | Avgarde Systems Private Limited |
| Manash Pratim Bhuyan DIN 07952919 | Director | 30 May 2019 | 7 yrs 4 mo | Avgarde Systems Private Limited |
People of AVGARDE
2 people are tracked at AVGARDE (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for AVGARDE
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Financials of AVGARDE
Figures of Avgarde Systems Private Limited, the primary company behind AVGARDE, for FY 2023. Revenue was ₹1.24 Cr (-47% year on year). Net loss was -₹72.5 Lakh (-59% margin). EBITDA was -₹49.7 Lakh (-40% margin). Revenue has grown at a compounded annual rate of +7% over three years.
- ₹1.24 CrRevenue · FY 2023 · -47% YoY
- -₹72.5 LakhNet loss · -59% margin
- -₹49.7 LakhEBITDA · -40% margin
- ₹11.5 LakhPaid-up capital
- +7%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Avgarde Systems Private Limited are on its company page.
Detailed financial statements for AVGARDE
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Timeline of AVGARDE
4 dated milestones of AVGARDE across 6 years, from founding to its latest funding, stage changes and deals.
- Founded AVGARDE is founded.
- Funding First funding round of $13K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $500K.
Competitors of AVGARDE
AVGARDE has 9 listed competitors in our database, 8 of them funded. They include Zen Technologies, Epirus, Fortem Technologies, Dedrone and DroneShield, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zentechnologies.com | 1993 | Hyderabad, India | – | 394 | Live and virtual training simulations for defense are provided. | |
| epirusinc.com | 2017 | Los Angeles, United States | $537.39M | – | Developer of high-power microwave systems for electronic warfare and air defense | |
| fortemtech.com | 2016 | Provo, United States | $69.13M | 119 | Counter-UAS and onboard radar systems for UAVs are supplied. | |
| dedrone.com | 2014 | San Francisco, United States | $127.91M | 48 | AI-based smart airspace security solutions are provided by Dedrone. | |
| droneshield.com | 2014 | Herndon, United States | $26.23M | – | AI-powered counter-drone systems are provided for unauthorized drone detection. | |
| d-fendsolutions.com | 2016 | Netanya, Israel | $59M | – | Autonomous counter-drone systems are developed for perimeter security. | |
| skysafe.io | 2015 | San Diego, United States | $49.01M | – | Cloud-connected drone detection systems are provided for airspace security. | |
| bigbangboom.com | 2018 | Chennai, India | $35.13M | 98 | Provider of combat weapon systems | |
| infinidome.com | 2017 | Caesarea, Israel | $13M | – | Counter-drone systems with GPS jamming are provided by InfiniDome. |
Detailed competitors of AVGARDE
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Top companies in Drone & Aerial Mobility
10 companies that operate in the same segment as AVGARDE (Drone & Aerial Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-utility drones are developed for agriculture and filmmaking sectors. | 2006 | Shenzhen, Guangdong, China | USD 105 M | – | – | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 | |
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
Professional drones and software solutions are manufactured for specialized applications. | 1994 | Paris, France | – | USD 93.74 M | 395 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 | |
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | – | 1,067 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | – | 1,965 | |
Electric copters for urban mobility are manufactured and developed. | 2011 | Bruchsal, Baden-wurttemberg, Germany | USD 725.73 M | – | 176 | |
Developer of small unmanned aerial systems | 2015 | Gilching, Bayern, Germany | USD 1.82 B | USD 39.45 M | 741 |
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Frequently Asked Questions about AVGARDE
AVGARDE was founded in 2018 and raised its 1st funding round 4 years after it was founded.
AVGARDE is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nilutpal Choudhury is the current CEO of AVGARDE. They have also founded this company.
AVGARDE is a funded company, having raised a total of $752.76K across 3 funding rounds to date. The company's 1st funding round was a Seed of $12.91K, raised on May 2022.
The primary company behind AVGARDE, Avgarde Systems Private Limited, reported revenue of ₹1.24 Cr for FY 2023, down 47% year on year.
AVGARDE was founded in 2018 in Bengaluru, India, as a developer of AI-enabled technology for drone detection and countermeasures. Operations focus on providing a platform for aerial object sensing and situational awareness in low-altitude airspace. Products such as drone detectors, jammers, and ID broadcasters are offered to support sectors including aircraft safety, unmanned traffic management, military and security applications, and critical infrastructure protection.
AVGARDE's top competitors include Zen Technologies, Epirus and Big Bang Boom Solutions.
AVGARDE offers DroneAstra Platform, DroneDOOT, DroneARM, DroneSENSE, and 3 more products and services.
The valuation of AVGARDE is $8.59M as of Oct 2024.
AVGARDE operates through Avgarde Systems Private Limited.
The legal entities of AVGARDE currently have 2 directors, including Nilutpal Choudhury, Manash Pratim Bhuyan.