Garuda Aerospace

Chennai, India Founded: 2015 • Age: 11 yrs Minicorn
Manufacturer of drones and provider of drone-based solutions across various sectors

About Garuda Aerospace

Garuda Aerospace is an Aerospace, Defense & Maritime company based in Chennai (India) founded in 2015 by Rithika Agnishwar and Agnishwar Jayaprakash. Manufacturer of drones and provider of drone-based solutions across various sectors. Garuda Aerospace has raised $59.3 million across 10 funding rounds from investors including S⁓Capital, Venture Catalysts and Hem Securities. The company has 130 employees. Garuda Aerospace was last valued at $248.81 million in August 2024. Its chief executive, as recorded, is Agnishwar Jayaprakash. Its website garudaaerospace.com draws about 26 thousand monthly visits. Its Indian entity Garuda Aerospace Limited reported revenue of ₹125 Cr. Garuda Aerospace offers products and services including Kisan Drone, Droni Drone, and Drone Pilot Training. Its focus areas include High Tech, Drones, Commercial Drones and Multi Utility. Its competitors include ideaForge, Marut Drones and Dhaksha; 3 of its 3 listed competitors have raised funding.

Company details

Garuda Aerospace was founded in 2015 in Chennai, India, as a manufacturer of drones and a provider of drone-based solutions. Operations focus on agriculture, defense, and enterprise applications, with services including precision inspection to minimize risks, optimize maintenance, and reduce costs. Drone pilot training and certification programs are also offered across these sectors.

  • Headquarters Chennai, India
  • Employees 130
  • Founders Rithika Agnishwar, Agnishwar Jayaprakash
  • Stage Minicorn
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website garudaaerospace.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Garuda Aerospace Private Limited
  • Date of Incorporation 06 Oct, 2015
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹125 Cr

    FY 2025 · +13% YoY

  • Net Profit
    ₹17.27 Cr

    FY 2025 · 14% margin

  • EBITDA
    ₹28.20 Cr

    FY 2025 · 23% margin

  • Total Equity Funding
    $59.3M (USD)

    in 10 rounds

  • Latest Funding Round
    $10M (USD), Series B

    Oct 2026

  • Investors
    S⁴Capital

    & 162 more

  • Employee Count
    130

Products & Services of Garuda Aerospace

Garuda Aerospace offers a comprehensive portfolio of products and services, including Kisan Drone, Droni Drone, and Drone Pilot Training.

Kisan Drone
Agriculture Drone

Drone for crop monitoring and farming optimization in agriculture.

Droni Drone
General Drone

Versatile drone for various applications including inspections.

Drone Pilot Training
Education Service

Program to train individuals for professional drone operations.

Apps and channels of Garuda Aerospace

its YouTube channel Garuda Aerospace has 20.1K subscribers and 30 videos.

Garuda Aerospace
YouTube 20.1K subscribers 30 videos Science & Technology
Open channel

Videos from Garuda Aerospace

The most watched videos on Garuda Aerospace's YouTube channel, Garuda Aerospace (20.1K subscribers). Click a video to play it here.

Garuda Aerospace leads the charge in revolutionizing drone technology for India’s holistic progress.
1.6K views
CM Chandrababu Naidu Engages with Garuda Aerospace at Amaravathi Drone Summit
1.4K views
🚀 Powering India's Drone Revolution | Garuda Aerospace 🇮🇳
1.3K views
Inside Garuda Aerospace: India's Leading Drone Hub | Office Tour & Departments Explained
1.2K views

More on Garuda Aerospace.

Funding Insights of Garuda Aerospace

Garuda Aerospace has successfully raised a total of $59.3M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in October 2026. 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 $59.3M
  • Total Rounds 10
  • Last Round Series B — $10M
  • First Round $493,266

    (Nov 2021)

  • Investors Count 163

All 10 funding rounds of Garuda Aerospace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2026$10MSeries B–Aditum
–
Jun 2025$1MSeries B–Narotam Sekhsaria Family Office, We Founder Circle
–
Apr 2025$11.67MSeries B–Venture Catalysts
–
Aug 2024$4.29MSeries B$248.81MIndiaAntivirus
Mar 2024$2.73MSeries B$254.91MHathor Corporate Advisors
Oct 2023$5.46MSeries A$•••••Venture Catalysts, We Founder Circle
Feb 2023$17MSeries A–Sphiticap, Nagarajan
Oct 2022$5MSeries A–Claris Capital
May 2022$1.67MSeed–Ocgrow Group of Companies
Nov 2021$493,266Seed$•••••Silver Swan Capital
–
Valuation history
DateValuationStage
Aug 2024$248.81M••••••••
Mar 2024$254.91M••••••••
Oct 2023$•••••••••••••
Nov 2021$•••••••••••••
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Last known valuation $248.81M (Aug 2024). 163 investors in total: 37 institutional and 126 angel.

Investors in Garuda Aerospace

Garuda Aerospace has secured backing from 163 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include S⁓Capital, Venture Catalysts and Hem Securities.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015venturecatalysts.inMumbai, India
Investment in early-stage startups and global community support.
2020wefoundercircle.comMumbai, India
Investments in early-stage technology-led and consumer businesses.
2022peacefulprogress.inChennai, India
Venture capital is invested in companies across multiple sectors.
ocgrowgroup.comCalgary, Canada
PE firm investing in the US
silverswancapital.comNew York, United States
Venture capital firm backed by Claris Lifesciences Limited
clariscapitalltd.comAhmedabad, India
Startups are matched with investors via an online investment platform.
2021invstt.comMumbai, India
Seed-stage investments are targeted by Amara Ventures in venture capital.
amaraventures.coAhmedabad, India
Sector-agnostic venture investment firm
esyacapitaladvisors.tcc.mode
Early-stage car hunting tool startups receive funding from Pkp Ventures.
pkpventures.tcc.mode
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Investor details for Garuda Aerospace

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Board of directors of Garuda Aerospace Limited (Garuda Aerospace)

Garuda Aerospace Limited is the primary company behind Garuda Aerospace. The board of Garuda Aerospace Limited currently have 4 directors; the longest-serving is Agnishwar Jayaprakash, appointed in 2022. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Agnishwar Jayaprakash
DIN 02288785
Whole-time director10 Jan 20224 yrs 9 moGaruda Aerospace Limited
Rithika Mohan
DIN 08116670
Whole-time director10 Jan 20224 yrs 9 moGaruda Aerospace Limited
Asha Vijayaraghavan
DIN 02811743
Director05 Nov 202511 moGaruda Aerospace Limited
Mandakulathur Ramachandran Venkatesh
DIN 02515170
Director05 Nov 202511 moGaruda Aerospace Limited

People of Garuda Aerospace

11 people are tracked at Garuda Aerospace (8 in leadership, 3 in team); the tracked headcount is 130.

NameRoleGroup
Rithika Agnishwar
Co-Founder & CAOLeadership
Co-Founder & CEOLeadership
Shyam Kumar
Chief Operating OfficerLeadership
Ram Kumar
Vice President Of Govt AffairsLeadership
Bruno Escojido
Chief Strategic Alliance OfficerLeadership
Raj Bhatia
Vp- Business DevelopmentLeadership
Co-founderLeadership
Arul Judie
Vice President - Media OperationsLeadership
Vijay Kamesh B
Human Resources ExecutiveTeam
Rayeez Akthar H
Project ManagerTeam
Mohamed Ashik
Project ManagerTeam
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Financials of Garuda Aerospace

Figures of Garuda Aerospace Limited, the primary company behind Garuda Aerospace, for FY 2025. Revenue was ₹125 Cr (+13% year on year). Net profit was ₹17.27 Cr (14% margin). EBITDA was ₹28.20 Cr (23% margin). Revenue has grown at a compounded annual rate of +101% over three years and +168% over five years.

  • ₹125 CrRevenue · FY 2025 · +13% YoY
  • ₹17.27 CrNet profit · 14% margin
  • ₹28.20 CrEBITDA · 23% margin
  • ₹11.9 LakhPaid-up capital
  • 130Employees (provident fund records)
  • +101%Revenue CAGR, 3 years
  • +168%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Garuda Aerospace Limited are on its company page.

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Timeline of Garuda Aerospace

4 dated milestones of Garuda Aerospace across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Garuda Aerospace is founded.
  2. Funding First funding round of $493K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $10.0M.

Competitors of Garuda Aerospace

Garuda Aerospace has 3 listed competitors in our database, 3 of them funded. They include ideaForge, Marut Drones and Dhaksha.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ideaforgetech.com2007Navi Mumbai, India$53.82M1,052
Developer of unmanned aerial vehicles
marutdrones.com2019Hyderabad, India$6.35M132
Precision drones are supplied for agricultural management tasks.
dhakshadrones.com2019Chennai, India$5.46M142
Agricultural drones for crop management and spraying are provided.
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Detailed competitors of Garuda Aerospace

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Web traffic of Garuda Aerospace

The website of Garuda Aerospace (garudaaerospace.com) receives about 25.7K visits a month.

  • Monthly visits
    25.7K

    ▲ 9.3% vs previous month

Similar websites

Websites whose visitors overlap most with Garuda Aerospace. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
edgegroup.ae
100%
92K#279,648View details
parasdefence.com
61%
12K#2,109,200View details
asteria.co.in
34%
13.5K#1,829,647View details
insidefpv.com
31%
60.9K#832,840View details
ideaforgetech.com
30%
28.8K#685,780View details

Top companies in Drone & Aerial Mobility

2 companies that operate in the same segment as Garuda Aerospace (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of unmanned aerial vehicles
2007Navi Mumbai, Maharashtra, IndiaUSD 53.82 MUSD 24.09 M595
Precision drones are supplied for agricultural management tasks.
2019Hyderabad, Telangana, IndiaUSD 6.35 MUSD 654.12 K49
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Related news about Garuda Aerospace

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Frequently Asked Questions about Garuda Aerospace

Garuda Aerospace was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Garuda Aerospace is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Agnishwar Jayaprakash is the CEO of Garuda Aerospace, as recorded in our data. They have also founded this company.

Garuda Aerospace is a funded company, having raised a total of $59.3M across 10 funding rounds to date. The company's 1st funding round was a Seed of $493.27K, raised on Nov 2021.

Garuda Aerospace has 130 employees.

The primary company behind Garuda Aerospace, Garuda Aerospace Limited, reported revenue of ₹125 Cr for FY 2025, up 13% year on year.

Garuda Aerospace was founded in 2015 in Chennai, India, as a manufacturer of drones and a provider of drone-based solutions. Operations focus on agriculture, defense, and enterprise applications, with services including precision inspection to minimize risks, optimize maintenance, and reduce costs. Drone pilot training and certification programs are also offered across these sectors.

Garuda Aerospace's top competitors include ideaForge, Marut Drones and Dhaksha.

Garuda Aerospace offers Kisan Drone, Droni Drone, and Drone Pilot Training.

Garuda Aerospace has 163 investors. Key investors include S⁓Capital, Venture Catalysts, Hem Securities, We Founder Circle, and Invstt.

The valuation of Garuda Aerospace is $248.81M as of Aug 2024.

Garuda Aerospace operates through Garuda Aerospace Limited.

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