About Garuda Aerospace
Garuda Aerospace is a company based in Chennai (India) founded in 2015 by Rithika Agnishwar and Agnishwar Jayaprakash.. Garuda Aerospace has raised $49.3 million across 9 funding rounds from investors including S⁴Capital, Venture Catalysts and Hem Securities. The company has 130 employees as of April 07, 2024. Garuda Aerospace offers products and services including Kisan Drone, Droni Drone, and Drone Pilot Training. Garuda Aerospace operates in a competitive market with competitors including DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.
- Headquarter Chennai, India
- Employees 130 as on 07 Apr, 2024
- Founders Rithika Agnishwar, Agnishwar Jayaprakash
- Stage Minicorn
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Sectors
Aerospace, 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 Garuda Aerospace Private Limited
- Date of Incorporation 06 Oct, 2015
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$12.94 M (USD)135.4as on Mar 31, 2024
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Net Profit
$1.85 M (USD)156.88as on Mar 31, 2024
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EBITDA
$2.92 M (USD)117.68as on Mar 31, 2024
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Total Equity Funding
$49.3 M (USD)
in 9 rounds
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Latest Funding Round
$1 M (USD), Series B
Jun 11, 2025
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Investors
S⁴Capital
& 161 more
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Employee Count
130
as on Apr 07, 2024
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Products & Services of Garuda Aerospace
Garuda Aerospace offers a comprehensive portfolio of products and services, including Kisan Drone, Droni Drone, and Drone Pilot Training. 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.
Drone for crop monitoring and farming optimization in agriculture.
Versatile drone for various applications including inspections.
Program to train individuals for professional drone operations.
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Funding Insights of Garuda Aerospace
Garuda Aerospace has successfully raised a total of $49.3M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $1 million completed in June 2025. 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 9
- Last Round Series B — $1.0M
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First Round
First Round
(13 Nov 2021)
- Investors Count 162
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Garuda Aerospace | Valuation | Narotam Sekhsaria Family Office , We Founder Circle |
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| Apr, 2025 | Amount | Series B - Garuda Aerospace | Valuation | Venture Catalysts |
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| Aug, 2024 | Amount | Series B - Garuda Aerospace | Valuation | IndiaAntivirus |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Garuda Aerospace
Garuda Aerospace has secured backing from 162 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include S⁴Capital, Venture Catalysts and Hem Securities. 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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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Investment in early-stage startups and global community support.
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Founded Year | Domain | Location | |
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Investments in early-stage technology-led and consumer businesses.
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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 Garuda Aerospace
| 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 - Garuda Aerospace
| 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 |
Garuda Aerospace Comparisons
Competitors of Garuda Aerospace
Garuda Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multi-utility drones are developed for agriculture and filmmaking sectors.
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| domain | founded_year | HQ Location |
Developer of unmanned aerial vehicles
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| domain | founded_year | HQ Location |
Autonomous drones, software, and accessories are manufactured for various sectors.
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Unmanned aircraft systems are developed for government and business clients.
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| domain | founded_year | HQ Location |
Aerial inspection services are delivered using automated drones.
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| domain | founded_year | HQ Location |
Precision drones are supplied for agricultural management tasks.
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| 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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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 Garuda Aerospace
Frequently Asked Questions about Garuda Aerospace
When was Garuda Aerospace founded?
Garuda Aerospace was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Garuda Aerospace located?
Garuda Aerospace is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Garuda Aerospace?
Agnishwar Jayaprakash is the current CEO of Garuda Aerospace. They have also founded this company.
Is Garuda Aerospace a funded company?
Garuda Aerospace is a funded company, having raised a total of $49.3M across 9 funding rounds to date. The company's 1st funding round was a Series B of $4.29M, raised on Nov 13, 2021.
How many employees does Garuda Aerospace have?
As of Apr 07, 2024, the latest employee count at Garuda Aerospace is 130.
What is the annual revenue of Garuda Aerospace?
Annual revenue of Garuda Aerospace is $12.94M as on Mar 31, 2024.
What does Garuda Aerospace do?
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.
Who are the top competitors of Garuda Aerospace?
What products or services does Garuda Aerospace offer?
Garuda Aerospace offers Kisan Drone, Droni Drone, and Drone Pilot Training.
Who are Garuda Aerospace's investors?
Garuda Aerospace has 162 investors. Key investors include S⁴Capital, Venture Catalysts, Hem Securities, We Founder Circle, and Invstt.
What is Garuda Aerospace's valuation?
The valuation of Garuda Aerospace is $248.81M as of Aug 2024.
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