About IoTechWorld
IoTechWorld is a company based in Gurugram (India) founded in 2017 by Anoop Kumar Upadhyay and Deepak Bhardwaj. IoTechWorld has raised $4.01 million across 2 funding rounds from investors including Dhanuka Agritech and KiaOra Ventures. The company has 21 employees as of April 24, 2024. IoTechWorld operates in a competitive market with competitors including DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.
- Headquarter Gurugram, India
- Employees 21 as on 24 Apr, 2024
- Founders Anoop Kumar Upadhyay, Deepak Bhardwaj
- 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 Iotechworld Avigation Private Limited
- Date of Incorporation 17 Apr, 2017
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$10.68 M (USD)751.37as on Mar 31, 2024
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Net Profit
$1.34 M (USD)926.13as on Mar 31, 2024
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EBITDA
$1.31 M (USD)578.59as on Mar 31, 2024
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Total Equity Funding
$4.01 M (USD)
in 2 rounds
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Latest Funding Round
$1.23 M (USD), Seed
Feb 27, 2023
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Investors
Dhanuka Agritech
& 1 more
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Employee Count
21
as on Apr 24, 2024
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People of IoTechWorld
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Funding Insights of IoTechWorld
IoTechWorld has successfully raised a total of $4.01M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.23 million completed in February 2023. 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 IoTechWorld
IoTechWorld has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Dhanuka Agritech and KiaOra Ventures.
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Investment and consulting firm supporting startups and organizations through strategic funding and development services.
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Agrochemicals for crop protection and plant nutrition are manufactured.
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Investor details for IoTechWorld
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Investments & Acquisitions by IoTechWorld
Investment portfolio details for IoTechWorld
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Financial Statements - IoTechWorld
Detailed financials for IoTechWorld
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Iotechworld Comparisons
Peer comparison for IoTechWorld
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Competitors of IoTechWorld
IoTechWorld 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.
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Multi-utility drones are developed for agriculture and filmmaking sectors.
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Developer of unmanned aerial vehicles
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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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Precision drones are supplied for agricultural management tasks.
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Detailed competitors of IoTechWorld
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Latest news on Iotechworld
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Frequently Asked Questions about IoTechWorld
IoTechWorld was founded in 2017 and raised its 1st funding round 4 years after it was founded.
IoTechWorld is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
IoTechWorld is a funded company, having raised a total of $4.01M across 2 funding rounds to date.
As of Apr 24, 2024, the latest employee count at IoTechWorld is 21.
Annual revenue of IoTechWorld is $10.68M as on Mar 31, 2024.
IoTechWorld was founded in 2017 and is based in Gurugram, India. Drones are produced by the company for applications in agriculture, surveying, logistics, surveillance, and monitoring. Solutions are engineered to address industry-specific requirements, including Agribot models for precision farming, Surveybot for mapping and land surveys, Heavybot for delivery operations, and Drishti for security tasks. Operations focus on technology integration across these sectors.
IoTechWorld has 2 investors. Key investors include Dhanuka Agritech, and KiaOra Ventures.
The valuation of IoTechWorld is $24.25M as of Feb 2023.