FlyBird Innovations

Bengaluru, India Founded: 2013 • Age: 13 yrs Minicorn
Irrigation controllers are manufactured for sensor-based and remote systems.

About FlyBird Innovations

FlyBird Innovations is an Environment company based in Bengaluru (India) founded in 2013 by Shwetha Rangaswamy and Satish KS. Irrigation controllers are manufactured for sensor-based and remote systems. It operates in the Environment and Agriculture sectors. FlyBird Innovations has raised $368.92 thousand across 5 funding rounds from investors including Mahindra Finance, Villgro and CIBA. FlyBird Innovations was last valued at $1.25 million in December 2019. Its chief executive, as recorded, is Satish KS. Its Indian entity Flybird Farm Innovations Private Limited reported revenue of β‚Ή7.2 Lakh. Its focus areas include Food and Agriculture Tech, Crop Tech, Autonomous Farming and Irrigation.

Company details

FlyBird Innovations was founded in 2013 in Bengaluru, India, as a manufacturer in the irrigation technology sector. Various controllers are produced, including sensor-based, volume-based, timer-based, and mobile remote models, enabling on-demand system switching for agricultural applications. Operations focus on hardware development tailored to irrigation needs, with leadership provided by co-founders Shwetha Rangaswamy and Satish KS.

  • Headquarters Bengaluru, India
  • Founders Shwetha Rangaswamy, Satish KS
  • Stage Minicorn
  • Sectors
    Environment
    Agriculture
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flybirdinnovations.com
  • Social LinkedIn Facebook
  • Legal Name Flybird Farm Innovations Private Limited
  • Date of Incorporation 16 Jul, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹7.2 Lakh

    FY 2021 · -69% YoY

  • Net Loss
    -₹40.2 Lakh

    FY 2021 · -558% margin

  • EBITDA
    -₹22.5 Lakh

    FY 2021 · -312% margin

  • Total Equity Funding
    $368.92K (USD)

    in 5 rounds

  • Latest Funding Round
    $72.6K (USD), Seed

    Dec 2019

  • Investors

Funding Insights of FlyBird Innovations

FlyBird Innovations has successfully raised a total of $368.92K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $72.6 thousand completed in December 2019. 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 $368,924
  • Total Rounds 5
  • Last Round Seed β€” $72,604
  • First Round $74,692

    (Dec 2015)

  • Investors Count 10

All 5 funding rounds of FlyBird Innovations with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2019$72,604Seed$1.25MIndian Ocean Group
–
May 2018$14,807Seed$826,955CIBA, NAARM
–
Oct 2017$58,183Seed$β€’β€’β€’β€’β€’Villgro
May 2016$148,638Seed$β€’β€’β€’β€’β€’Villgro, Artha Impact
Dec 2015$74,692Seed–Mahindra Finance
–
Valuation history
DateValuationStage
Dec 2019$1.25Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.25M (Dec 2019). 10 investors in total: 10 institutional.

Investors in FlyBird Innovations

FlyBird Innovations has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Mahindra Finance, Villgro and CIBA.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Incubation and business acceleration services for technology startups in Goa and Mumbai.
ciba.org.inSalcete, India
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
2001villgro.orgChennai, India
Early-stage tech startups are supported via venture capital and acceleration.
iimaventures.comAhmedabad, India
Startup accelerator focused on the agriculture sector
2014aidea.naarm.org.inHyderabad, India
Impact investing services are provided in agriculture, healthcare, and livelihoods through platforms and networks.
arthaimpact.com
Offers training, research, and capacity building for agricultural professionals.
2012naarm.org.inHyderabad, India
Startup incubator
ciie.coAhmedabad, India
Business consulting services are provided by Artha.
2008arthaplatform.comZurich, Switzerland
Consumer and SME loans are provided by Mahindra Finance.
1991mahindrafinance.comMumbai, India
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Investor details for FlyBird Innovations

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Board of directors of Flybird Farm Innovations Private Limited (FlyBird Innovations)

Flybird Farm Innovations Private Limited is the primary company behind FlyBird Innovations. The board of Flybird Farm Innovations Private Limited currently have 3 directors; the longest-serving is Sathish Kamala Siddesha, appointed in 2016. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sathish Kamala Siddesha
DIN 06413588
CEO15 Mar 201610 yrs 8 moFlybird Farm Innovations Private Limited
Kamala Siddesha Manjunath
DIN 08477814
Director01 Oct 20188 yrs 1 moFlybird Farm Innovations Private Limited
Srinivas Ramanujam
DIN 08663075
Additional Director14 Jan 20206 yrs 10 moFlybird Farm Innovations Private Limited

People of FlyBird Innovations

2 people are tracked at FlyBird Innovations (2 in leadership).

NameRoleGroup
Shwetha Rangaswamy
Co-FounderLeadership
Satish KS
Co-Founder & CEOLeadership
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Financials of FlyBird Innovations

Figures of Flybird Farm Innovations Private Limited, the primary company behind FlyBird Innovations, for FY 2021. Revenue was ₹7.2 Lakh (-69% year on year). Net loss was -₹40.2 Lakh (-558% margin). EBITDA was -₹22.5 Lakh (-312% margin). Revenue has grown at a compounded annual rate of -46% over three years and -3% over five years.

  • ₹7.2 LakhRevenue · FY 2021 · -69% YoY
  • -₹40.2 LakhNet loss · -558% margin
  • -₹22.5 LakhEBITDA · -312% margin
  • ₹6.8 LakhPaid-up capital
  • -46%Revenue CAGR, 3 years
  • -3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Flybird Farm Innovations Private Limited are on its company page.

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Detailed financial statements for FlyBird Innovations

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  • Downloads

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Timeline of FlyBird Innovations

4 dated milestones of FlyBird Innovations across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded FlyBird Innovations is founded.
  2. Funding First funding round of $75K.
  3. Funding Latest funding round, Seed, of $73K.
  4. Milestone Reaches Minicorn status.

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as FlyBird Innovations (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about Flybird Innovations

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Frequently Asked Questions about FlyBird Innovations

FlyBird Innovations was founded in 2013 and raised its 1st funding round 2 years after it was founded.

FlyBird Innovations is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Satish KS is the CEO of FlyBird Innovations, as recorded in our data. They have also founded this company.

FlyBird Innovations is a funded company, having raised a total of $368.92K across 5 funding rounds to date. The company's 1st funding round was a Seed of $74.69K, raised on Dec 2015.

The primary company behind FlyBird Innovations, Flybird Farm Innovations Private Limited, reported revenue of β‚Ή7.2 Lakh for FY 2021, down 69% year on year.

FlyBird Innovations was founded in 2013 in Bengaluru, India, as a manufacturer in the irrigation technology sector. Various controllers are produced, including sensor-based, volume-based, timer-based, and mobile remote models, enabling on-demand system switching for agricultural applications. Operations focus on hardware development tailored to irrigation needs, with leadership provided by co-founders Shwetha Rangaswamy and Satish KS.

FlyBird Innovations has 10 investors. Key investors include Mahindra Finance, Villgro, CIBA, a-IDEA, and NAARM.

The valuation of FlyBird Innovations is $1.25M as of Dec 2019.

FlyBird Innovations operates through Flybird Farm Innovations Private Limited.

The legal entities of FlyBird Innovations currently have 3 directors, including Sathish Kamala Siddesha, Kamala Siddesha Manjunath, Srinivas Ramanujam.

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