About Drona Aviation
Drona Aviation is a company based in Mumbai (India) founded in 2014 by Gaurav Vinayak Tendolkar, Apurva Godbole, Prasanna Shevare, and Dinesh Sain.. Drona Aviation has raised $213.86 thousand across 4 funding rounds from investors including Globevestor, Qualzen and SINE. Drona Aviation offers products and services including Pluto X, Pluto 1.2, and Cygnus SDK.
- Headquarter Mumbai, India
- Founders Gaurav Vinayak Tendolkar, Apurva Godbole, Prasanna Shevare, Dinesh Sain
- Stage Minicorn
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Sectors
RetailAerospace, Defense & Maritime
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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 Drona Aviation Private Limited
- Date of Incorporation 25 Nov, 2014
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$191.41 K (USD)82.5as on Mar 31, 2022
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Net Profit
$14.77 K (USD)37.36as on Mar 31, 2022
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EBITDA
$16.76 K (USD)4.45as on Mar 31, 2022
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Total Equity Funding
$213.86 K (USD)
in 4 rounds
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Latest Funding Round
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Investors
Globevestor
& 12 more
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Employee Count
Employee Count
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Products & Services of Drona Aviation
Drona Aviation offers a comprehensive portfolio of products and services, including Pluto X, Pluto 1.2, and Cygnus SDK. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customizable drone for educational and developmental applications.
Advanced model with modular hardware for user modifications.
Open-source kit for building custom drone applications easily.
Funding Insights of Drona Aviation
Drona Aviation has successfully raised a total of $213.86K across 4 strategic funding rounds. 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2020 | Amount | Seed - Drona Aviation | Valuation | Qualzen |
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| Apr, 2018 | Amount | Seed - Drona Aviation | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - Drona Aviation | Valuation | Globevestor |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Drona Aviation
Drona Aviation has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Globevestor, Qualzen and SINE. 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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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Equity-based crowdfunding platform for startups
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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 Drona Aviation
| 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 - Drona Aviation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Drona Aviation Comparisons
Competitors of Drona Aviation
| 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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Latest news on Drona Aviation
Frequently Asked Questions about Drona Aviation
When was Drona Aviation founded?
Drona Aviation was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Drona Aviation located?
Drona Aviation is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Drona Aviation?
Apurva Godbole is the current CEO of Drona Aviation. They have also founded this company.
Is Drona Aviation a funded company?
Drona Aviation is a funded company, having raised a total of $213.86K across 4 funding rounds to date. The company's 1st funding round was a Seed of $115.41K, raised on Jul 25, 2015.
What is the annual revenue of Drona Aviation?
Annual revenue of Drona Aviation is $191.41K as on Mar 31, 2022.
What does Drona Aviation do?
Drona Aviation was founded in 2014 in Mumbai, India, within the aviation technology sector. Consumer nano drones are designed and manufactured for various applications. Projects including self-charging drones, advertising drones, crowd-monitoring drones, lifeguard drones, and aerial cinematography systems are developed. These products are employed in flying, photography, cinematography, selfies, and related uses. Hardware and software components are supplied to developers for app creation.
What products or services does Drona Aviation offer?
Drona Aviation offers Pluto X, Pluto 1.2, and Cygnus SDK.
Who are Drona Aviation's investors?
Drona Aviation has 13 investors. Key investors include Globevestor, Qualzen, SINE, Vivek Damle, and Nitin Deshpande.
What is Drona Aviation's valuation?
The valuation of Drona Aviation is $1.38M as of Sep 2020.