About ideaForge
ideaForge is a company based in Navi Mumbai (India) founded in 2007 by Ashish Bhat, Rahul Singh, and Ankit Mehta. ideaForge has raised $53.82 million across 17 funding rounds from investors including Qualcomm, Infosys and BlackSoil. The company has 595 employees as of March 31, 2024. ideaForge offers products and services including Drones. ideaForge operates in a competitive market with competitors including DJI, Shield AI, Skydio, Vantage Robotics and H3 Dynamics, among others.
- Headquarter Navi Mumbai, India
- Employees 595 as on 31 Mar, 2024
- Founders Ashish Bhat, Rahul Singh, Ankit Mehta
- 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 Ideaforge Technology Limited
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Annual Revenue
$18.85 M (USD)-46.54as on Mar 31, 2025
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Net Profit
-$7.29 M (USD)-237.58as on Mar 31, 2025
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EBITDA
-$5.95 M (USD)-214.38as on Mar 31, 2025
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Total Equity Funding
$53.82 M (USD)
in 17 rounds
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Latest Funding Round
$52.2 M (USD), Post-IPO
Jul 14, 2026
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Investors
Qualcomm
& 38 more
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Employee Count
595
as on Mar 31, 2024
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IPO & Listings of ideaForge
ideaForge is a publicly listed company on the NSE with ticker symbol IDEAFORGE in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ideaForge
ideaForge offers a comprehensive portfolio of products and services, including Drones.
Advanced drones for surveillance, delivery, and industrial use
People of ideaForge
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Funding Insights of ideaForge
ideaForge has successfully raised a total of $53.82M across 17 strategic funding rounds. The most recent funding activity was a Post-IPO round of $52.2 million completed in July 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.
Investors in ideaForge
ideaForge has secured backing from 39 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Qualcomm, Infosys and BlackSoil.
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Venture capital fund focused on seed-stage startups
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Investment and incubation services in innovative and sustainable sectors.
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Privat equity firm
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Investor details for ideaForge
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by ideaForge
Investment portfolio details for ideaForge
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Financial Statements - ideaForge
Detailed financials for ideaForge
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Ideaforge Comparisons
Peer comparison for ideaForge
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Competitors of ideaForge
ideaForge 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, Shield AI, Skydio, Vantage Robotics and H3 Dynamics, among others.
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Multi-utility drones are developed for agriculture and filmmaking sectors.
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Autonomous drones and AI pilots for fighter jets are developed.
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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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Aerial inspection services are delivered using automated drones.
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Detailed competitors of ideaForge
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Latest news on Ideaforge
Complete news archive for ideaForge
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Frequently Asked Questions about ideaForge
ideaForge was founded in 2007 and raised its 1st funding round 2 years after it was founded.
ideaForge is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Ankit Mehta is the current CEO of ideaForge. They have also founded this company.
ideaForge is a funded company, having raised a total of $53.82M across 17 funding rounds to date.
As of Mar 31, 2024, the latest employee count at ideaForge is 595.
Annual revenue of ideaForge is $18.85M as on Mar 31, 2025.
ideaForge was founded in 2007 and is headquartered in Navi Mumbai, India. Unmanned aerial vehicles, along with associated systems such as drones and mapping platforms, are developed and produced by the company. These technologies are applied in sectors including surveillance, mapping, industrial inspection, and public safety. Operations focus on engineering and research to support defense and civilian uses.
ideaForge offers Drones.
Yes, ideaForge is publicly traded on NSE under the ticker symbol IDEAFORGE.
ideaForge has 39 investors. Key investors include Qualcomm, Infosys, BlackSoil, 360 One, and Qualcomm Ventures.
The ticker symbol of ideaForge is IDEAFORGE on NSE.
The valuation of ideaForge is $335.26M as of Jun 2023.