About Edgeforce
Edgeforce is an Aerospace, Defense & Maritime company based in Hyderabad (India) founded in 2020 by P Hani and Sriramesh Narayanan. It operates as a providers of technology for security forces and multiple industries. Edgeforce has raised $834.46 thousand across 3 funding rounds from investors including Dholakia Ventures, IVY Growth Associates and HTS.Limited. The company has 22 employees. Edgeforce was last valued at $3.44 million in May 2022. Its chief executive is P Hani. Its Indian entity Edgeforce Solutions Private Limited reported revenue of ₹1.05 Cr. Its focus areas include Aerospace, Maritime and Defense Tech, Military Tech, Non Combat Systems and C4ISR. Its competitors include Anduril, Hensoldt, Serco, Cubic and Alpha Design Technologies and 2 more; 2 of its 7 listed competitors have raised funding.
Company details
Edgeforce was founded in 2020 and is based in Hyderabad, India. Technology solutions are developed for security forces and various industries, with emphasis on sensor technology, edge computing, artificial intelligence, data analytics, and embedded systems. Operations focus on integrating these competencies to support sector-specific applications in defense and commercial environments.
- Headquarters Hyderabad, India
- Employees 22
- Founders P Hani, Sriramesh Narayanan
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website edgeforce.in
- Social LinkedIn X
- Legal Name Edgeforce Solutions Private Limited
- Date of Incorporation 10 Dec, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.05 Cr
FY 2024 · -14% YoY
- Net Profit₹26,342
FY 2024 · 0% margin
- EBITDA₹14.4 Lakh
FY 2024 · 14% margin
- Total Equity Funding$834.46K (USD)
in 3 rounds
- Latest Funding Round$501.69K (USD), Seed
Jun 2024
- InvestorsDholakia Ventures
& 38 more
- Employee Count22
Associated legal entities of Edgeforce
Edgeforce operates through Edgeforce Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Edgeforce Solutions Private Limited CIN U72900TG2020PTC146739 | Active | 10 Dec 2020 | Hyderabad, Telangana | ₹1.0 Cr | 22 | 3 | View details |
Funding Insights of Edgeforce
Edgeforce has successfully raised a total of $834.46K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $501.69 thousand completed in June 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 $834,464
- Total Rounds 3
- Last Round Seed — $501,694
- First Round $300,168
(May 2022)
- Investors Count 39
All 3 funding rounds of Edgeforce 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 |
|---|---|---|---|---|---|
| Jun 2024 | $501,694 | Seed | – | Mile Deep Capital | – |
| Oct 2023 | $32,602 | Seed | – | AI4ICPS | – |
| May 2022 | $300,168 | Seed | $3.44M | Dholakia Ventures |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $3.44M | •••••••• |
Last known valuation $3.44M (May 2022). 39 investors in total: 6 institutional and 33 angel.
Investors in Edgeforce
Edgeforce has secured backing from 39 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Dholakia Ventures, IVY Growth Associates and HTS.Limited.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in pre-seed to Series A startups across various sectors in India. | 2020 | dholakiaventures.com | Surat, India | |
Startup acceleration and incubation services are offered in India. | – | hts.limited | Vadodara, India | |
Angel network facilitating startup investments and investor connections in technology and sustainability sectors. | 2021 | ivygrowth.co.in | Surat, India | |
Early-stage startups are funded by this venture capital firm. | – | plantaintreeventures.tcc.mode | Bengaluru, India | |
Private investment firm | – | miledeepcapital.com | Hyderabad, India | |
AI solutions are provided for industrial and cyber-physical systems. | – | ai4icps.in | Kharagpur, India | |
AN Ambalika Nair | - | – | unknown_58baf02b8d9242fd8 | - |
NM Nitin Manek | - | – | unknown_4b2fd09663da4099b | - |
PA Paras Adhvaryu | - | – | unknown_07f98a63dc67445c8 | - |
RK Rani Krishnan | - | – | unknown_9c01c9bbeb8a4f22b | - |
Investor details for Edgeforce
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 Edgeforce Solutions Private Limited (Edgeforce)
Edgeforce Solutions Private Limited is the primary company behind Edgeforce. The board of Edgeforce Solutions Private Limited currently have 3 directors; the longest-serving is Padmapriya Sriramesh, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Padmapriya Sriramesh DIN 07656645 | Director | 10 Dec 2020 | 5 yrs 10 mo | Edgeforce Solutions Private Limited |
| Prabhakaran Hani DIN 08990899 | Director | 10 Dec 2020 | 5 yrs 10 mo | Edgeforce Solutions Private Limited |
| Sriramesh Narayanan DIN 09503008 | Director | 16 Feb 2022 | 4 yrs 8 mo | Edgeforce Solutions Private Limited |
People of Edgeforce
2 people are tracked at Edgeforce (2 in leadership); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
P Hani | Co-Founder & CEO | Leadership |
| Co-Founder & Director | Leadership |
Complete people profiles for Edgeforce
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 Edgeforce
Figures of Edgeforce Solutions Private Limited, the primary company behind Edgeforce, for FY 2024. Revenue was ₹1.05 Cr (-14% year on year). Net profit was ₹26,342 (0% margin). EBITDA was ₹14.4 Lakh (14% margin). Revenue has grown at a compounded annual rate of +260% over three years.
- ₹1.05 CrRevenue · FY 2024 · -14% YoY
- ₹26,342Net profit · 0% margin
- ₹14.4 LakhEBITDA · 14% margin
- ₹53.3 LakhPaid-up capital
- 22Employees (provident fund records)
- +260%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Edgeforce Solutions Private Limited are on its company page.
Detailed financial statements for Edgeforce
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 Edgeforce
4 dated milestones of Edgeforce across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Edgeforce is founded.
- Funding First funding round of $300K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $502K.
Competitors of Edgeforce
Edgeforce has 7 listed competitors in our database, 2 of them funded. They include Anduril, Hensoldt, Serco, Cubic and Alpha Design Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| anduril.com | 2017 | Orange, United States | $6.26B | 2,193 | Provider of AI-based drone surveillance solutions for defense and maritime sector | |
| hensoldt.net | 2017 | Taufkirchen, Germany | – | 6,316 | Developer of integrated air surveillance radar for the military and defence industry | |
| serco.com | 1929 | Hook, United Kingdom | – | 2,000 | Provider of public services to government | |
| cubic.com | 1951 | San Diego, United States | – | 2,807 | Integrated solutions are provided for transportation and defense sectors. | |
| adtl.co.in | 2003 | Bengaluru, India | $5.5M | 631 | Diversified non-combat systems for defense industries are developed. | |
| stengg.com | 1967 | Singapore | – | 15 | SaaS-based solutions for rail fleet operations management are developed. | |
| arquimea.com | 2005 | Madrid, Spain | – | – | Provider of engineering, manufacturing, and research and development services to industries |
Detailed competitors of Edgeforce
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Defense & Military Services
10 companies that operate in the same segment as Edgeforce (Defense & Military Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
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 | |
Defense and aerospace systems are manufactured and developed by RTX. | 1922 | United States | – | USD 88.6 B | 186,000 | |
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 | |
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 Edgeforce
Edgeforce was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Edgeforce is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
P Hani is the current CEO of Edgeforce. They have also founded this company.
Edgeforce is a funded company, having raised a total of $834.46K across 3 funding rounds to date. The company's 1st funding round was a Seed of $300.17K, raised on May 2022.
Edgeforce has 22 employees.
The primary company behind Edgeforce, Edgeforce Solutions Private Limited, reported revenue of ₹1.05 Cr for FY 2024, down 14% year on year.
Edgeforce was founded in 2020 and is based in Hyderabad, India. Technology solutions are developed for security forces and various industries, with emphasis on sensor technology, edge computing, artificial intelligence, data analytics, and embedded systems. Operations focus on integrating these competencies to support sector-specific applications in defense and commercial environments.
Edgeforce's top competitors include Anduril, Hensoldt and ST Engineering.
Edgeforce has 39 investors. Key investors include Dholakia Ventures, IVY Growth Associates, HTS.Limited, Plantain Tree Ventures, and Ambalika Nair.
The valuation of Edgeforce is $3.44M as of May 2022.
Edgeforce operates through Edgeforce Solutions Private Limited.
The legal entities of Edgeforce currently have 3 directors, including Padmapriya Sriramesh, Sriramesh Narayanan, Prabhakaran Hani.