About Pinaka Aerospace Solutions
Pinaka Aerospace Solutions is a company based in Bengaluru (India) founded in 2007 by Radhika Pasumarthi and Subodh Sharma. Pinaka Aerospace Solutions has raised $3.69 million across 3 funding rounds from investors including Karnataka Information Technology Venture Capital Fund, KITVEN and Amrit Pratik Acharya. Pinaka Aerospace Solutions offers products and services including Simulators, ATEs, Test Rigs & Jigs, Data Acquisition Systems, and Calibration Systems. Pinaka Aerospace Solutions operates in a competitive market with competitors including Ultra, Moog, Data Patterns, John Cockerill and Leidos, among others.
- Headquarter Bengaluru, India
- Founders Radhika Pasumarthi, Subodh Sharma
- Stage Minicorn
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Sectors
Aerospace, Defense & Maritime
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- Legal Name Pinaka Aerospace Solutions Private Limited
- Date of Incorporation 02 Jan, 2007
- Jurisdiction Banglorenorth, Karnataka, India
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Annual Revenue
$5.7 M (USD)165.52as on Mar 31, 2022
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Net Profit
$337.33 K (USD)160.64as on Mar 31, 2022
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EBITDA
$568.52 K (USD)93.29as on Mar 31, 2022
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Total Equity Funding
$3.69 M (USD)
in 3 rounds
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Latest Funding Round
$2.48 M (USD), Angel Round
May 13, 2024
- Investors
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Employee Count
Not available
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Products & Services of Pinaka Aerospace Solutions
Pinaka Aerospace Solutions offers a comprehensive portfolio of products and services, including Simulators, ATEs, Test Rigs & Jigs, Data Acquisition Systems, and Calibration Systems.
Systems for simulating defense and aerospace scenarios
Automated tools for electronic system testing
Devices for mechanical and electronic testing
Solutions for collecting and processing data
Tools for calibrating measurement instruments
Applications for defense system operations
Funding Insights of Pinaka Aerospace Solutions
Pinaka Aerospace Solutions has successfully raised a total of $3.69M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $2.48 million completed in May 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.
Investors in Pinaka Aerospace Solutions
Pinaka Aerospace Solutions has secured backing from 7 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Karnataka Information Technology Venture Capital Fund, KITVEN and Amrit Pratik Acharya.
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Venture capital fund backed by government financial institutions focused on early and growth stage startups
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India focused VC fund
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Amrit Pratik Acharya |
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Investor details for Pinaka Aerospace Solutions
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Investments & Acquisitions by Pinaka Aerospace Solutions
Investment portfolio details for Pinaka Aerospace Solutions
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Financial Statements - Pinaka Aerospace Solutions
Detailed financials for Pinaka Aerospace Solutions
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Pinaka Aerospace Solutions Comparisons
Peer comparison for Pinaka Aerospace Solutions
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Competitors of Pinaka Aerospace Solutions
Pinaka Aerospace Solutions 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 Ultra, Moog, Data Patterns, John Cockerill and Leidos, among others.
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Mission critical systems are provided by Ultra for defense sectors.
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Solutions are specialized in space, defense, security, and surveillance sectors.
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Advanced electronic systems are manufactured for defence and aerospace applications.
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Diversified operations are conducted across multiple industries by the conglomerate.
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Provider of healthcare IT solutions and defence components services
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Aerospace engineering, design, and related services are provided.
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Detailed competitors of Pinaka Aerospace Solutions
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Latest news on Pinaka Aerospace Solutions
Complete news archive for Pinaka Aerospace Solutions
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Frequently Asked Questions about Pinaka Aerospace Solutions
Pinaka Aerospace Solutions was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Pinaka Aerospace Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Subodh Sharma is the current CEO of Pinaka Aerospace Solutions. They have also founded this company.
Pinaka Aerospace Solutions is a funded company, having raised a total of $3.69M across 3 funding rounds to date.
Annual revenue of Pinaka Aerospace Solutions is $5.7M as on Mar 31, 2022.
Provider of hardware, software, and verification services for the aerospace industry. Its products include alignment vehicle for OSA-AK system, TGT amplifier, hand controller, NVCPT, DFL, G-meter, and digital boards. Its solutions include automatic test equipment, test rigs, indigenization, avionics hardware, simulators, calibration, and software tools.
Pinaka Aerospace Solutions's top competitors include Leidos, Moog and Data Patterns.
Pinaka Aerospace Solutions offers Simulators, ATEs, Test Rigs & Jigs, Data Acquisition Systems, and 2 more products and services.
Pinaka Aerospace Solutions has 7 investors. Key investors include Karnataka Information Technology Venture Capital Fund, KITVEN, Amrit Pratik Acharya, Srinath Ramakkrushnan, and Vishal Chaudhary.
The valuation of Pinaka Aerospace Solutions is $15.64M as of May 2024.