
About PRYM Aerospace
PRYM Aerospace is an Aerospace, Defense & Maritime company based in Mumbai (India) founded in 2024. It designs and manufactures drones for agricultural spraying and sector applications. It operates on a B2B and D2C model in Aerospace, Defense & Maritime and Real Estate & Construction sectors. PRYM Aerospace has raised $2.41 million across 1 funding round from investors including Lloyds Metals and Energy, Shilpa Medicare and Sangam. The company has 1 employees. Its Indian entity Prym Solutions Private Limited reported revenue of βΉ58.08 Cr. PRYM Aerospace offers products and services including ARJUNA Drone and Drone Training Programs. Its focus areas include Industrial, Aerospace Tech, UAV and Agricultural Spraying. Its competitors include DJI, ideaForge, Skydio, Vantage Robotics and Garuda Aerospace and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
PRYM Aerospace innovates in drone technology, focusing on UAV solutions for agriculture, surveys, and training. They manufacture products like the ARJUNA drone for spraying crops and partner with organizations such as Survey of India for mapping. Based in Mumbai, India, they provide reliable performance, train pilots and technicians, and empower rural entrepreneurs through hands-on programs. Their expertise ensures efficiency across various applications.
- Headquarters Mumbai, India
- Employees 1
- SectorsAerospace, Defense & MaritimeReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website prymaerospace.com
- Social LinkedIn
- Legal Name Prym Solutions Private Limited
- Date of Incorporation 14 Jan, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹58.08 Cr
FY 2025 · +146% YoY
- Net Profit₹1.58 Cr
FY 2025 · 3% margin
- EBITDA₹2.85 Cr
FY 2025 · 5% margin
- Total Equity Funding$2.41M (USD)
in 1 rounds
- Latest Funding Round$2.41M (USD), Seed
Oct 2025
- InvestorsLloyds Metals and Energy
& 3 more
- Employee Count1
Associated legal entities of PRYM Aerospace
PRYM Aerospace operates through Prym Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prym Solutions Private Limited CIN U72200MH2022PTC374957 | Active | 14 Jan 2022 | Mumbai, Maharashtra | ₹58.1 Cr | 16 | 2 | View details |
Products & Services of PRYM Aerospace
PRYM Aerospace offers a comprehensive portfolio of products and services, including ARJUNA Drone and Drone Training Programs.
Quadcopter designed for agricultural spraying tasks
Hands-on training for pilots and technicians in drone operations
Funding Insights of PRYM Aerospace
PRYM Aerospace has successfully raised a total of $2.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.41 million completed in October 2025. 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 $2.41M
- Total Rounds 1
- Last Round Seed β $2.41M
- First Round $2.41M
(Oct 2025)
- Investors Count 4
All 1 funding rounds of PRYM Aerospace 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 |
|---|---|---|---|---|---|
| Oct 2025 | $2.41M | Seed | β | β |
4 investors in total: 3 institutional and 1 angel.
Investors in PRYM Aerospace
PRYM Aerospace has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Lloyds Metals and Energy, Shilpa Medicare and Sangam.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
APIs, fine chemicals, intermediates, and formulations are manufactured. | 1987 | vbshilpa.com | Raichur, India | |
Commercial property development services are offered by Sangam. | 1984 | sangamgroup.com | Bhilwara, India | |
US Utpal Sheth | Veteran investor, CEO of Rare Enterprises, mentor to Indian startups | – | unknown_01d6c5d30eb84c229 | - |
Iron ore, DRI, pellets, and steel products are manufactured. | 1974 | lloyds.in | Wardha, India |
Investor details for PRYM Aerospace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Prym Solutions Private Limited (PRYM Aerospace)
Prym Solutions Private Limited is the primary company behind PRYM Aerospace. The board of Prym Solutions Private Limited currently have 2 directors; the longest-serving is Dhanashri Yogesh Mandhani, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhanashri Yogesh Mandhani DIN 09459032 | Managing Director | 14 Jan 2022 | 4 yrs 9 mo | Prym Solutions Private Limited |
| Pradyumn Gopal Mandhani DIN 09459079 | Managing Director | 14 Jan 2022 | 4 yrs 9 mo | Prym Solutions Private Limited |
Financials of PRYM Aerospace
Figures of Prym Solutions Private Limited, the primary company behind PRYM Aerospace, for FY 2025. Revenue was ₹58.08 Cr (+146% year on year). Net profit was ₹1.58 Cr (3% margin). EBITDA was ₹2.85 Cr (5% margin). Revenue has grown at a compounded annual rate of +889% over three years.
- ₹58.08 CrRevenue · FY 2025 · +146% YoY
- ₹1.58 CrNet profit · 3% margin
- ₹2.85 CrEBITDA · 5% margin
- ₹4.93 CrPaid-up capital
- 16Employees (provident fund records)
- +889%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Prym Solutions Private Limited are on its company page.
Detailed financial statements for PRYM Aerospace
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PRYM Aerospace
2 dated milestones of PRYM Aerospace across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PRYM Aerospace is founded.
- Funding First funding round of $2.4M.
Competitors of PRYM Aerospace
PRYM Aerospace has 9 listed competitors in our database, 9 of them funded. They include DJI, ideaForge, Skydio, Vantage Robotics and Garuda Aerospace, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dji.com | 2006 | Shenzhen, China | $105M | – | Multi-utility drones are developed for agriculture and filmmaking sectors. | |
| ideaforgetech.com | 2007 | Navi Mumbai, India | $53.82M | 1,052 | Developer of unmanned aerial vehicles | |
| skydio.com | 2014 | San Mateo, United States | $715M | 723 | Autonomous drones, software, and accessories are manufactured for various sectors. | |
| vantagerobotics.com | 2013 | San Francisco, United States | $8.94M | 37 | Unmanned aircraft systems are developed for government and business clients. | |
| garudaaerospace.com | 2015 | Chennai, India | $49.3M | 135 | Manufacturer of drones and provider of drone-based solutions across various sectors | |
| h3dynamics.com | 2015 | Singapore | $39M | – | Aerial inspection services are delivered using automated drones. | |
| marutdrones.com | 2019 | Hyderabad, India | $6.35M | 132 | Precision drones are supplied for agricultural management tasks. | |
| airoboticsdrones.com | 2014 | Scottsdale, United States | $101M | – | Design and development solutions for industrial drones are provided. | |
| acsl.co.jp | 2013 | Chiba, Japan | $25.09M | – | Conducts R&D on, and markets, drones and robotics-based technologies. |
Detailed competitors of PRYM Aerospace
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Web traffic of PRYM Aerospace
The website of PRYM Aerospace (prymaerospace.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 7.9% vs previous month
Top companies in Drone & Aerial Mobility
10 companies that operate in the same segment as PRYM Aerospace (Drone & Aerial Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-utility drones are developed for agriculture and filmmaking sectors. | 2006 | Shenzhen, Guangdong, China | USD 105 M | – | – | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 | |
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
Professional drones and software solutions are manufactured for specialized applications. | 1994 | Paris, France | – | USD 93.74 M | 395 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 | |
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | – | 1,067 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | – | 1,965 | |
Electric copters for urban mobility are manufactured and developed. | 2011 | Bruchsal, Baden-wurttemberg, Germany | USD 725.73 M | – | 176 | |
Developer of small unmanned aerial systems | 2015 | Gilching, Bayern, Germany | USD 1.82 B | USD 39.45 M | 741 |
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Related news about Prym Aerospace
Complete news archive for PRYM Aerospace
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Frequently Asked Questions about PRYM Aerospace
PRYM Aerospace was founded in 2024 and raised its 1st funding round 1 year after it was founded.
PRYM Aerospace is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
PRYM Aerospace is a funded company, having raised a total of $2.41M across 1 funding round to date. The company's 1st funding round was a Seed of $2.41M, raised on Oct 2025.
PRYM Aerospace has 1 employees.
The primary company behind PRYM Aerospace, Prym Solutions Private Limited, reported revenue of βΉ58.08 Cr for FY 2025, up 146% year on year.
PRYM Aerospace innovates in drone technology, focusing on UAV solutions for agriculture, surveys, and training. They manufacture products like the ARJUNA drone for spraying crops and partner with organizations such as Survey of India for mapping. Based in Mumbai, India, they provide reliable performance, train pilots and technicians, and empower rural entrepreneurs through hands-on programs. Their expertise ensures efficiency across various applications.
PRYM Aerospace's top competitors include DJI, ideaForge and Garuda Aerospace.
PRYM Aerospace offers ARJUNA Drone and Drone Training Programs.
PRYM Aerospace has 4 investors. Key investors include Lloyds Metals and Energy, Shilpa Medicare, Sangam, and Utpal Sheth.
PRYM Aerospace operates through Prym Solutions Private Limited.
The legal entities of PRYM Aerospace currently have 2 directors, including Dhanashri Yogesh Mandhani, Pradyumn Gopal Mandhani.
