Okulo Aerospace

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Unmanned aerial systems are developed for surveillance and data collection.

About Okulo Aerospace

Okulo Aerospace is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2019 by Parithi Govindaraju. Unmanned aerial systems are developed for surveillance and data collection. It operates in the Aerospace, Defense & Maritime, Industrial Goods & Manufacturing, and Energy & Utilities sectors. Okulo Aerospace has raised $1.07 million across 2 funding rounds from investors including FORGE Accelerator, Ideaspring Capital and Java Capital. Okulo Aerospace was last valued at $2.04 million in December 2022. Its chief executive, as recorded, is Parithi Govindaraju. Its Indian entity Okulo Aerospace Private Limited reported revenue of β‚Ή31.4 Lakh. Okulo Aerospace offers products and services including HAPS, MALE Hinet, LALE Suvi V1, and Sky Sight. Its focus areas include High Tech, Security & Surveillance Technology, Security Patrolling System and Unmanned Aerial System.

Company details

Okulo Aerospace was founded in 2019 in Bengaluru, India, within the aerospace sector. Unmanned aerial vehicles are produced for various altitudes, including high, medium, and low, to support long-endurance operations. Sensors and imaging systems are integrated into these platforms for real-time data gathering. Applications encompass defense, security, environmental monitoring, and disaster response. Rapid deployment and payload customization are enabled across these systems.

  • Headquarters Bengaluru, India
  • Founders Parithi Govindaraju
  • Stage Minicorn
  • Sectors
    Aerospace, Defense & Maritime
    Industrial Goods & Manufacturing Energy & Utilities
  • Email
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  • Phone
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  • Website okuloaerospace.com
  • Social LinkedIn X
  • Legal Name Okulo Aerospace Private Limited
  • Date of Incorporation 25 Jul, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹31.4 Lakh

    FY 2025 · +7% YoY

  • Net Loss
    -₹3.51 Cr

    FY 2025 · -1118% margin

  • EBITDA
    -₹3.36 Cr

    FY 2025 · -1070% margin

  • Total Equity Funding
    $1.07M (USD)

    in 2 rounds

  • Latest Funding Round
    $1M (USD), Seed

    Jul 2023

  • Investors

Products & Services of Okulo Aerospace

Okulo Aerospace offers a comprehensive portfolio of products and services, including HAPS, MALE Hinet, LALE Suvi V1, and Sky Sight.

HAPS
High-Altitude Drone

Delivers long-endurance aerial intelligence for communication and surveillance.

MALE Hinet
Medium-Altitude UAV

Provides defense surveillance in harsh environments with VTOL capabilities.

LALE Suvi V1
Low-Altitude Drone

Offers solar-powered flights for area mapping and monitoring missions.

Sky Sight
Surveillance Platform

Enables real-time UAV data insights for operational efficiency and security.

Funding Insights of Okulo Aerospace

Okulo Aerospace has successfully raised a total of $1.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in July 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 $1.07M
  • Total Rounds 2
  • Last Round Seed β€” $1M
  • First Round $67,734

    (Dec 2022)

  • Investors Count 10

All 2 funding rounds of Okulo Aerospace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2023$1MSeed–Ideaspring Capital
Dec 2022$67,734Seed$2.04MNewFort Holdings
Valuation history
DateValuationStage
Dec 2022$2.04Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.04M (Dec 2022). 10 investors in total: 4 institutional and 6 angel.

Investors in Okulo Aerospace

Okulo Aerospace has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FORGE Accelerator, Ideaspring Capital and Java Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage investments are provided to technology startups by Ideaspring Capital.
ideaspringcap.comBengaluru, India
Venture capital firm investing in tech sectors
javacapital.coBengaluru, India
Innovation and ventures in industrial technology and hardware innovations in India.
2015forgeforward.inCoimbatore, India
Micro and pre-Series A investments are targeted by NewFort Holdings.
newfortholdings.tcc.modeBengaluru, India

Shrinath Honnavalli

Angel investor and tech leader, ex-Amazon, focused on Indian startups
unknown_017314c29db14965a

RaviKumar Kandasamy

Angel investor and tech entrepreneur with focus on Indian startups
unknown_5f9009cd197e49129

Ravi Parikh

Angel investor, tech enthusiast, supporting Indian startups in SaaS and consumer tech.
unknown_9653964092114e689

Suman Mishra

unknown_051d7c941f614b449

Sachin Mathur

unknown_62439ad8599a4ee59

S Krishna Kumar

unknown_52f6224091c04e2a9
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Investor details for Okulo Aerospace

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Board of directors of Okulo Aerospace Private Limited (Okulo Aerospace)

Okulo Aerospace Private Limited is the primary company behind Okulo Aerospace. The board of Okulo Aerospace Private Limited currently have 3 directors; the longest-serving is Parithi Govindaraju, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Parithi Govindaraju
DIN 08520395
Director25 Jul 20197 yrs 3 moOkulo Aerospace Private Limited
Govindaraju
DIN 08679079
Director31 Jan 20206 yrs 8 moOkulo Aerospace Private Limited
Naganand Doraswamy
DIN 01305436
Nominee Director14 Jun 20233 yrs 4 moOkulo Aerospace Private Limited

People of Okulo Aerospace

1 people are tracked at Okulo Aerospace (1 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
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Financials of Okulo Aerospace

Figures of Okulo Aerospace Private Limited, the primary company behind Okulo Aerospace, for FY 2025. Revenue was ₹31.4 Lakh (+7% year on year). Net loss was -₹3.51 Cr (-1118% margin). EBITDA was -₹3.36 Cr (-1070% margin). Revenue has grown at a compounded annual rate of +12% over three years.

  • ₹31.4 LakhRevenue · FY 2025 · +7% YoY
  • -₹3.51 CrNet loss · -1118% margin
  • -₹3.36 CrEBITDA · -1070% margin
  • ₹6.7 LakhPaid-up capital
  • 26Employees (provident fund records)
  • +12%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Okulo Aerospace Private Limited are on its company page.

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Detailed financial statements for Okulo Aerospace

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Timeline of Okulo Aerospace

4 dated milestones of Okulo Aerospace across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Okulo Aerospace is founded.
  2. Funding First funding round of $68K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.0M.

Web traffic of Okulo Aerospace

Websites that share an audience with Okulo Aerospace (okuloaerospace.com).

Similar websites

Websites whose visitors overlap most with Okulo Aerospace. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pranavam-aerospace.co.in
98%
View details

Top companies in Defense & Military Services

2 companies that operate in the same segment as Okulo Aerospace (Defense & Military Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of unmanned aerial vehicles
2007Navi Mumbai, Maharashtra, IndiaUSD 53.82 MUSD 24.09 M595
Manufacturer of drones and provider of drone-based solutions across various sectors
2015Chennai, Tamil Nadu, IndiaUSD 59.3 MUSD 12.94 M130
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Frequently Asked Questions about Okulo Aerospace

Okulo Aerospace was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Okulo Aerospace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Parithi Govindaraju is the CEO of Okulo Aerospace, as recorded in our data. They have also founded this company.

Okulo Aerospace is a funded company, having raised a total of $1.07M across 2 funding rounds to date. The company's 1st funding round was a Seed of $67.73K, raised on Dec 2022.

The primary company behind Okulo Aerospace, Okulo Aerospace Private Limited, reported revenue of β‚Ή31.4 Lakh for FY 2025, up 7% year on year.

Okulo Aerospace was founded in 2019 in Bengaluru, India, within the aerospace sector. Unmanned aerial vehicles are produced for various altitudes, including high, medium, and low, to support long-endurance operations. Sensors and imaging systems are integrated into these platforms for real-time data gathering. Applications encompass defense, security, environmental monitoring, and disaster response. Rapid deployment and payload customization are enabled across these systems.

Okulo Aerospace offers HAPS, MALE Hinet, LALE Suvi V1, and Sky Sight.

Okulo Aerospace has 10 investors. Key investors include FORGE Accelerator, Ideaspring Capital, Java Capital, NewFort Holdings, and Shrinath Honnavalli.

The valuation of Okulo Aerospace is $2.04M as of Dec 2022.

Okulo Aerospace operates through Okulo Aerospace Private Limited.

The legal entities of Okulo Aerospace currently have 3 directors, including Naganand Doraswamy, Parithi Govindaraju, Govindaraju.

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