About Krasnydefencetechnologies
Krasnydefencetechnologies is an Aerospace, Defense & Maritime company. Krasnydefencetechnologies has raised $1.72 million across 4 funding rounds from investors including Jaya Chandrakant Gogri, Chandrakant Vallabhaji Gogri and Yogesh Kantilal Doshi. The company has 124 employees. Krasnydefencetechnologies was last valued at $20.36 million in August 2022. Its chief executive, as recorded, is Mathew Lathra M. Its Indian entity Krasny Defence Technologies Limited reported revenue of ₹47.07 Cr. Krasnydefencetechnologies offers products and services including Life Cycle Support and Maintenance Services. Its focus areas include Aerospace, Maritime and Defense and Services for Military.
Company details
Provider of lifecycle support for defense equipment and ship repair services. This includes logistic support and maintenance, particularly for equipment of Russian origin. The company also undertakes turnkey refits of ships and excels in military avionic repairs, holding relevant certifications and approvals. Furthermore, it collaborates with original equipment manufacturers and government agencies to provide technical support to various defense branches. A focus on import substitution and the development of domestically produced spares and rotables is also a key aspect of the business, aligning with national self-sufficiency initiatives. The company also engages in collaborative arrangements with other Indian companies to supply defense products.
- Employees 124
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Website krasnydefencetechnologies.com
- Legal Name Krasny Defence Technologies Limited
- Date of Incorporation 17 Feb, 1995
- Jurisdiction Navi Mumbai, Maharashtra, India
- Indian entity revenue₹47.07 Cr
FY 2024 · +2% YoY
- Indian entity net profit₹6.79 Cr
FY 2024 · 14% margin
- Indian entity EBITDA₹10.67 Cr
FY 2024 · 23% margin
- Total Equity Funding$1.72M (USD)
in 4 rounds
- Latest Funding Round$2.61M (USD), Unspecified
Aug 2023
- InvestorsIDBI Capital
& 7 more
- Employee Count124
Associated legal entities of Krasnydefencetechnologies
Krasnydefencetechnologies operates through Krasny Defence Technologies Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Krasny Defence Technologies Limited CIN U35110MH1995PLC085711 | Active | 17 Feb 1995 | Navi Mumbai, Maharashtra | ₹47.1 Cr | 124 | 11 | View details |
Products & Services of Krasnydefencetechnologies
Krasnydefencetechnologies offers a comprehensive portfolio of products and services, including Life Cycle Support and Maintenance Services.
Life cycle support for defence equipment is offered, encompassing maintenance and logistic services.
Maintenance services for defence equipment, especially of Russian origin, are provided as part of operational support.
Funding Insights of Krasnydefencetechnologies
Krasnydefencetechnologies has successfully raised a total of $1.72M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $2.61 million completed in August 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.
- Total Funding $1.72M
- Total Rounds 4
- Last Round Unspecified — $2.61M
- First Round $1.41M
(Nov 2021)
- Investors Count 8
All 4 funding rounds of Krasnydefencetechnologies 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 |
|---|---|---|---|---|---|
| Aug 2023 | $2.61M | Unspecified | – | – | – |
| Aug 2022 | $1.15M | Unspecified | $20.36M | IDBI Capital | |
| May 2022 | $308,153 | Angel Round | – | – | – |
| Nov 2021 | $1.41M | Angel Round | $20.15M | Jaya Chandrakant Gogri |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $20.36M | •••••••• |
| Nov 2021 | $20.15M | •••••••• |
Last known valuation $20.36M (Aug 2022). 8 investors in total: 1 institutional and 7 angel.
Investors in Krasnydefencetechnologies
Krasnydefencetechnologies has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include Jaya Chandrakant Gogri, Chandrakant Vallabhaji Gogri and Yogesh Kantilal Doshi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services including M&A advisory and financing are provided. | idbicapital.com | Mumbai, India | ||
JC Jaya Chandrakant Gogri | unknown_4c135a04e54a43cbb | |||
CV Chandrakant Vallabhaji Gogri | unknown_0e791f50c75945349 | |||
YK Yogesh Kantilal Doshi | unknown_8d2a91723f534715b | |||
FK Falgun Kantilal Doshi | unknown_3586385a425440a18 | |||
PM Prabhavati Mansukhlal Mehta | unknown_c4aa1c437d564676b | |||
DD Dharmesh Doshi | unknown_07edf7c8785c4fc2b | |||
SD Sheetal Dugar | unknown_7a5412b480294614b |
Investor details for Krasnydefencetechnologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Krasny Defence Technologies Limited (Krasnydefencetechnologies)
Krasny Defence Technologies Limited is the primary company behind Krasnydefencetechnologies. The board of Krasny Defence Technologies Limited currently have 7 directors; the longest-serving is Gopalan Jayaprakasan Vattappurayidathil, appointed in 1995. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopalan Jayaprakasan Vattappurayidathil DIN 00837992 | Managing Director | 20 Feb 1995 | 31 yrs 8 mo | Krasny Defence Technologies Limited |
| Sarala Jayaprakash DIN 01419941 | Director | 09 Mar 1995 | 31 yrs 7 mo | Krasny Defence Technologies Limited |
| Naveen Vattappurayidathil Jayaprakasan DIN 00837932 | Director | 01 Sep 2005 | 21 yrs 2 mo | Krasny Defence Technologies Limited |
| Naresh Kumar DIN 01147492 | Director | 14 Jul 2021 | 5 yrs 3 mo | Krasny Defence Technologies Limited |
| Venkat Bharathan DIN 02031453 | Director | 14 Jul 2021 | 5 yrs 3 mo | Krasny Defence Technologies Limited |
| Mathew Lathara Mathew DIN 09696040 | CEO | 01 Mar 2023 | 3 yrs 8 mo | Krasny Defence Technologies Limited |
| Makarand Aravind Hampiholi DIN 11230570 | Director | 30 Sep 2025 | 1 yr 1 mo | Krasny Defence Technologies Limited |
People of Krasnydefencetechnologies
7 people are tracked at Krasnydefencetechnologies (7 in leadership); the tracked headcount is 124.
| Name | Role | Group |
|---|---|---|
V G Jayaprakasan | Chairman & Managing Director | Leadership |
Mathew Lathra M | CEO | Leadership |
| Joint Managing Director | Leadership | |
Jehangir Presswalla | Director | Leadership |
K.v. Bharatan | Director | Leadership |
| Director | Leadership | |
| Director | Leadership |
Complete people profiles for Krasnydefencetechnologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Krasnydefencetechnologies
Figures of Krasny Defence Technologies Limited, the primary company behind Krasnydefencetechnologies, for FY 2024. Revenue was ₹47.07 Cr (+2% year on year). Net profit was ₹6.79 Cr (14% margin). EBITDA was ₹10.67 Cr (23% margin). Revenue has grown at a compounded annual rate of +27% over three years.
- ₹47.07 CrRevenue · FY 2024 · +2% YoY
- ₹6.79 CrNet profit · 14% margin
- ₹10.67 CrEBITDA · 23% margin
- ₹33.02 CrPaid-up capital
- 124Employees (provident fund records)
- +27%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Krasny Defence Technologies Limited are on its company page.
Detailed financial statements for Krasnydefencetechnologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Krasnydefencetechnologies
3 dated milestones of Krasnydefencetechnologies across 2 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $1.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $2.6M.
Web traffic of Krasnydefencetechnologies
The website of Krasnydefencetechnologies (krasnydefencetechnologies.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 48% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Krasnydefencetechnologies
Mathew Lathra M is the CEO of Krasnydefencetechnologies, as recorded in our data.
Krasnydefencetechnologies is a funded company, having raised a total of $1.72M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $1.41M, raised on Nov 2021.
Krasnydefencetechnologies has 124 employees.
The primary company behind Krasnydefencetechnologies, Krasny Defence Technologies Limited, reported revenue of ₹47.07 Cr for FY 2024, up 2% year on year.
Provider of lifecycle support for defense equipment and ship repair services. This includes logistic support and maintenance, particularly for equipment of Russian origin. The company also undertakes turnkey refits of ships and excels in military avionic repairs, holding relevant certifications and approvals. Furthermore, it collaborates with original equipment manufacturers and government agencies to provide technical support to various defense branches. A focus on import substitution and the development of domestically produced spares and rotables is also a key aspect of the business, aligning with national self-sufficiency initiatives. The company also engages in collaborative arrangements with other Indian companies to supply defense products.
Krasnydefencetechnologies offers Life Cycle Support and Maintenance Services.
Krasnydefencetechnologies has 8 investors. Key investors include Jaya Chandrakant Gogri, Chandrakant Vallabhaji Gogri, Yogesh Kantilal Doshi, Falgun Kantilal Doshi, and Prabhavati Mansukhlal Mehta.
The valuation of Krasnydefencetechnologies is $20.36M as of Aug 2022.
Krasnydefencetechnologies operates through Krasny Defence Technologies Limited.
The legal entities of Krasnydefencetechnologies currently have 10 directors, including Mathew Lathara Mathew, Naresh Kumar, Sarala Jayaprakash and others.