About PYI Drones
PYI Drones is a company based in Pune (India) founded in 2022 was acquired by DroneAcharya in December 2023.. The company has 1 employees as of April 08, 2024. PYI Drones operates in a competitive market with competitors including Rotor Riot, Sphere Drones, AEE Technology, UAV Systems International and Unmanned Systems Technology, among others.
- Headquarter Pune, India
- Employees 1 as on 08 Apr, 2024
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Pyi Technologies Private Limited
- Date of Incorporation 28 Apr, 2022
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$645.67 (USD)0as on Mar 31, 2023
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Net Profit
$-2.51 K (USD)0as on Mar 31, 2023
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EBITDA
$-2.47 K (USD)0as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
1
as on Apr 08, 2024
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Acquired by
DroneAcharya
(Dec 26, 2023)
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Funding Insights of PYI Drones
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PYI Drones
PYI Drones has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DroneAcharya. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of drone solutions, training, and services across multiple industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PYI Drones
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PYI Drones
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pyi Drones Comparisons
Competitors of PYI Drones
PYI Drones 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 Rotor Riot, Sphere Drones, AEE Technology, UAV Systems International and Unmanned Systems Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Drones and accessories for racing are retailed online.
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| domain | founded_year | HQ Location |
Provides drone technology, hardware, software, and services to businesses and government.
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| domain | founded_year | HQ Location |
Commercial UAVs and sports cameras are developed for specialized uses.
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| domain | founded_year | HQ Location |
AI-based drones are provided for agricultural spraying and seeding.
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| domain | founded_year | HQ Location |
Users are connected with suppliers of unmanned systems products.
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| domain | founded_year | HQ Location |
Provides drone sales, training, repairs, and consultancy for businesses and professionals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PYI Drones
When was PYI Drones founded?
PYI Drones was founded in 2022.
Where is PYI Drones located?
PYI Drones is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does PYI Drones have?
As of Apr 08, 2024, the latest employee count at PYI Drones is 1.
What is the annual revenue of PYI Drones?
Annual revenue of PYI Drones is $645.67 as on Mar 31, 2023.
What does PYI Drones do?
Online platform offering drones. It provides high-quality camera drones, DIY kits, and custom-built drones.
Who are the top competitors of PYI Drones?
PYI Drones's top competitors include Rotor Riot, AEE Technology and UAV Systems International.
Who are PYI Drones's investors?
PYI Drones has 1 investor. Key investors include DroneAcharya.