RangeAero

Bengaluru, India Founded: 2020 • Age: 6 yrs Minicorn
Provider of autonomous delivery vehicles for cargo transportation

About RangeAero

RangeAero is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Arpit Sharma. Provider of autonomous delivery vehicles for cargo transportation. It operates in the Transportation, Automotive & Logistics and Aerospace, Defense & Maritime sectors. RangeAero has raised $78.72 thousand across 2 funding rounds from investors including Vinayak Vadlamani, Himanshu Kumar Mittal and Anuj Goyal. RangeAero was last valued at $1.93 million in June 2021. Its chief executive, as recorded, is Arpit Sharma. Its focus areas include Consumer, Logistics Tech, Freight and Air. Its legal entity in India is Rangeaero Private Limited (U73200KA2020PTC131638). Its competitors include BONV, Scandron and LogiXair; 1 of its 3 listed competitors has raised funding.

Company details

RangeAero was founded in 2020 in Bengaluru, India, as a provider of autonomous delivery vehicles focused on cargo transportation. Cargo helicopters designed for freight are developed, along with VTOL aircraft, operational infrastructure, and logistics integration systems. Hardware and technology are designed, built, tested, and integrated to support regional air-freighter operations. Supply chain challenges in middle-mile logistics are addressed through these ultra-low-cost solutions.

  • Headquarters Bengaluru, India
  • Founders Arpit Sharma
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website range.aero
  • Social LinkedIn X Facebook
  • Legal Name Rangeaero Private Limited
  • Date of Incorporation 15 Jan, 2020
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹21,242

    FY 2025 · -64% YoY

  • Net Loss
    -₹6.1 Lakh

    FY 2025 · -2873% margin

  • EBITDA
    -₹5.4 Lakh

    FY 2025 · -2521% margin

  • Total Equity Funding
    $78.72K (USD)

    in 2 rounds

  • Latest Funding Round
    $45.35K (USD), Angel Round

    Jun 2021

Funding Insights of RangeAero

RangeAero has successfully raised a total of $78.72K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $45.35 thousand completed in June 2021. 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 $78,723
  • Total Rounds 2
  • Last Round Angel Round β€” $45,354
  • First Round $33,369

    (Dec 2020)

  • Investors Count 7

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$45,354Angel Round$1.93MVinayak Vadlamani
Dec 2020$33,369Angel Round$1.12MSridhar Ramasubban
–
Valuation history
DateValuationStage
Jun 2021$1.93Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2020$1.12Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.93M (Jun 2021). 7 investors in total: 0 institutional and 7 angel.

Investors in RangeAero

RangeAero has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Vinayak Vadlamani, Himanshu Kumar Mittal and Anuj Goyal.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Vinayak Vadlamani

unknown_237e5838d8954ad59

Himanshu Kumar Mittal

unknown_fc381d4daeb749179

Anuj Goyal

unknown_c52ea8e4862942958

Viresh Kumar

unknown_a447dd79c2b149cb8

Paras Kushal

unknown_0050e417f02f463aa

Satishchandra Wani

unknown_2f66d37307f4455e8

Sridhar Ramasubban

unknown_e2065f72fd544fffb
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Investor details for RangeAero

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Rangeaero Private Limited (RangeAero)

Rangeaero Private Limited is the primary company behind RangeAero. The board of Rangeaero Private Limited currently have 2 directors; the longest-serving is Arpit Sharma, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Arpit Sharma
DIN 06497776
Director15 Jan 20206 yrs 9 moRangeaero Private Limited
Parul Jain
DIN 08669533
Director15 Jan 20206 yrs 9 moRangeaero Private Limited

People of RangeAero

1 people are tracked at RangeAero (1 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
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Financials of RangeAero

Figures of Rangeaero Private Limited, the primary company behind RangeAero, for FY 2025. Revenue was ₹21,242 (-64% year on year). Net loss was -₹6.1 Lakh (-2873% margin). EBITDA was -₹5.4 Lakh (-2521% margin). Revenue has grown at a compounded annual rate of +2% over three years.

  • ₹21,242Revenue · FY 2025 · -64% YoY
  • -₹6.1 LakhNet loss · -2873% margin
  • -₹5.4 LakhEBITDA · -2521% margin
  • ₹1.1 LakhPaid-up capital
  • +2%Revenue CAGR, 3 years

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

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Detailed financial statements for RangeAero

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Timeline of RangeAero

4 dated milestones of RangeAero across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded RangeAero is founded.
  2. Funding First funding round of $33K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $45K.

Competitors of RangeAero

RangeAero has 3 listed competitors in our database, 1 of them funded. They include BONV, Scandron and LogiXair.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bonvaero.com2021Bhubaneswar, India$6.14M53
Heavy-payload drones are manufactured for logistics, defense, and disaster response.
scandron.com2022Bengaluru, India333
Drones are manufactured for logistics, agriculture, and inspections.
logixair.com2021Hyderabad, India
Automated aerial pick-up trucks are provided for logistics cargo transport.
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Detailed competitors of RangeAero

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  • Operating metrics
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Web traffic of RangeAero

The website of RangeAero (range.aero) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as RangeAero (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Frequently Asked Questions about RangeAero

RangeAero was founded in 2020.

RangeAero is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Arpit Sharma is the CEO of RangeAero, as recorded in our data. They have also founded this company.

RangeAero is a funded company, having raised a total of $78.72K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $33.37K, raised on Dec 2020.

The primary company behind RangeAero, Rangeaero Private Limited, reported revenue of β‚Ή21,242 for FY 2025, down 64% year on year.

RangeAero was founded in 2020 in Bengaluru, India, as a provider of autonomous delivery vehicles focused on cargo transportation. Cargo helicopters designed for freight are developed, along with VTOL aircraft, operational infrastructure, and logistics integration systems. Hardware and technology are designed, built, tested, and integrated to support regional air-freighter operations. Supply chain challenges in middle-mile logistics are addressed through these ultra-low-cost solutions.

RangeAero's top competitors include BONV, Scandron and LogiXair.

RangeAero has 7 investors. Key investors include Vinayak Vadlamani, Himanshu Kumar Mittal, Anuj Goyal, Viresh Kumar, and Paras Kushal.

The valuation of RangeAero is $1.93M as of Jun 2021.

RangeAero operates through Rangeaero Private Limited.

The legal entities of RangeAero currently have 2 directors, including Arpit Sharma, Parul Jain.

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