About HUVIAiR
HUVIAiR is a Real Estate & Construction company based in Bengaluru (India) founded in 2016 by Arjun P Janananda. AI-powered visual progress tracking is delivered for construction sites. It operates in the Real Estate & Construction and Aerospace, Defense & Maritime sectors. HUVIAiR has raised $3.85 million across 7 funding rounds from investors including Angel List, Boeing and Wellfound. The company has 43 employees. HUVIAiR was last valued at $13.76 million in January 2024. Its Indian entity Huviair Technologies Private Limited reported revenue of ₹1.21 Cr. Its focus areas include High Tech, Drones, Drone Software and Application Specific.
Company details
HUVIAiR was founded in 2016 in Bengaluru, India, focusing on the construction sector. Visual-based solutions powered by AI are utilized to track site progress. Data from construction sites is collected through automated means, analyzed for insights, and reported via machine-driven processes. Operations center on enabling efficient monitoring and documentation for project management in the built environment.
- Headquarters Bengaluru, India
- Employees 43
- Founders Arjun P Janananda
- Stage Minicorn
- SectorsReal Estate & ConstructionAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website huviair.com
- Social LinkedIn X Facebook
- Legal Name Huviair Technologies Private Limited
- Date of Incorporation 05 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.21 Cr
FY 2022 · +205% YoY
- Net Loss-₹3.76 Cr
FY 2022 · -309% margin
- EBITDA-₹2.69 Cr
FY 2022 · -222% margin
- Total Equity Funding$3.85M (USD)
in 7 rounds
- Latest Funding Round$144.5K (USD), Series A
Jan 2024
- InvestorsAngel List
& 28 more
- Employee Count43
Associated legal entities of HUVIAiR
HUVIAiR operates through Huviair Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Huviair Technologies Private Limited CIN U74999KA2016PTC094734 | Active | 05 Jul 2016 | Bangalore, Karnataka | ₹1.2 Cr | 43 | 2 | View details |
Funding Insights of HUVIAiR
HUVIAiR has successfully raised a total of $3.85M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $144.5 thousand completed in January 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 $3.85M
- Total Rounds 7
- Last Round Series A — $144,504
- Investors Count 29
All 7 funding rounds of HUVIAiR 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 |
|---|---|---|---|---|---|
| Jan 2024 | $144,504 | Series A | $13.76M | Chiratae Ventures | – |
| Jan 2022 | $3.32M | Series A | $14.47M | Chiratae Ventures | |
| Apr 2020 | $289,844 | Seed | $••••• | SOSV | |
| Mar 2020 | Seed | – | Boeing | – | |
| Jun 2019 | $50,000 | Seed | $••••• | The CoWrks Foundry | |
| Sep 2018 | $53,278 | Seed | $••••• | Boeing | – |
| Jun 2016 | Seed | – | Orbit Startups | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $13.76M | •••••••• |
| Jan 2022 | $14.47M | •••••••• |
| Apr 2020 | $••••• | •••••••• |
Full valuation and stage history of HUVIAiR
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $13.76M (Jan 2024). 29 investors in total: 13 institutional and 16 angel.
Investors in HUVIAiR
HUVIAiR has secured backing from 29 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Boeing and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Venture capital and accelerator services are provided across multiple sectors. | sosv.com | Cork, Ireland | ||
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors | artesianinvest.com | Sydney, Australia | ||
RMZ is engaged in sustainable real asset development across Asia. | rmz.com | Bengaluru, India | ||
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Web application platform requiring JavaScript for services. | 2018 | appyhigh.com | Gurugram, India | |
Venture capital investments are provided to early-stage startups across sectors. | shastra.vc | Bengaluru, India | ||
Startups across sectors are accelerated through dedicated programs. | cowrksfoundry.com | Bengaluru, India | ||
Startups are incubated across sectors without restrictions. | orbitstartups.com | Shanghai, China | ||
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States |
Investor details for HUVIAiR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Huviair Technologies Private Limited (HUVIAiR)
Huviair Technologies Private Limited is the primary company behind HUVIAiR. The board of Huviair Technologies Private Limited currently have 2 directors; the longest-serving is Arjun Janananda Panathale, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arjun Janananda Panathale DIN 07560848 | Director | 05 Jul 2016 | 10 yrs 4 mo | Huviair Technologies Private Limited |
| Vikshut Mundkur DIN 07560847 | Director | 05 Jul 2016 | 10 yrs 4 mo | Huviair Technologies Private Limited |
People of HUVIAiR
1 people are tracked at HUVIAiR (1 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership |
Complete people profiles for HUVIAiR
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of HUVIAiR
Figures of Huviair Technologies Private Limited, the primary company behind HUVIAiR, for FY 2022. Revenue was ₹1.21 Cr (+205% year on year). Net loss was -₹3.76 Cr (-309% margin). EBITDA was -₹2.69 Cr (-222% margin). Revenue has grown at a compounded annual rate of +90% over three years and +113% over five years.
- ₹1.21 CrRevenue · FY 2022 · +205% YoY
- -₹3.76 CrNet loss · -309% margin
- -₹2.69 CrEBITDA · -222% margin
- ₹1.8 LakhPaid-up capital
- 43Employees (provident fund records)
- +90%Revenue CAGR, 3 years
- +113%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Huviair Technologies Private Limited are on its company page.
Detailed financial statements for HUVIAiR
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HUVIAiR
4 dated milestones of HUVIAiR across 8 years, from founding to its latest funding, stage changes and deals.
- Founded HUVIAiR is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $145K.
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Complete news archive for HUVIAiR
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Frequently Asked Questions about HUVIAiR
HUVIAiR was founded in 2016.
HUVIAiR is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
HUVIAiR is a funded company, having raised a total of $3.85M across 7 funding rounds to date.
HUVIAiR has 43 employees.
The primary company behind HUVIAiR, Huviair Technologies Private Limited, reported revenue of ₹1.21 Cr for FY 2022, up 205% year on year.
HUVIAiR was founded in 2016 in Bengaluru, India, focusing on the construction sector. Visual-based solutions powered by AI are utilized to track site progress. Data from construction sites is collected through automated means, analyzed for insights, and reported via machine-driven processes. Operations center on enabling efficient monitoring and documentation for project management in the built environment.
HUVIAiR has 29 investors. Key investors include Angel List, Boeing, Wellfound, RMZ Corp, and Appyhigh.
The valuation of HUVIAiR is $13.76M as of Jan 2024.
HUVIAiR operates through Huviair Technologies Private Limited.
The legal entities of HUVIAiR currently have 2 directors, including Arjun Janananda Panathale, Vikshut Mundkur.