About RangeAero
RangeAero is a company based in Bengaluru (India) founded in 2020 by Arpit Sharma. RangeAero has raised $78.72 thousand across 2 funding rounds from investors including Vinayak Vadlamani, Himanshu Kumar Mittal and Anuj Goyal. RangeAero operates in a competitive market with competitors including BONV, Scandron, LogiXair, DroniTech and Arka Aerospace, among others.
- Headquarter Bengaluru, India
- Founders Arpit Sharma
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Email
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Website
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Social
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- Legal Name Rangeaero Private Limited
- Date of Incorporation 15 Jan, 2020
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$242.84 (USD)364.12as on Mar 31, 2022
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Net Profit
-$9.88 K (USD)-375.72as on Mar 31, 2022
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EBITDA
-$11.56 K (USD)-341.86as on Mar 31, 2022
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Total Equity Funding
$78.72 K (USD)
in 2 rounds
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Latest Funding Round
$45.35 K (USD), Angel Round
Jun 28, 2021
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Investors
& 6 more
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Employee Count
Not available
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People of RangeAero
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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.
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.
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Vinayak Vadlamani |
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Himanshu Kumar Mittal |
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AG
Anuj Goyal |
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Investor details for RangeAero
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Investments & Acquisitions by RangeAero
Investment portfolio details for RangeAero
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Financial Statements - RangeAero
Detailed financials for RangeAero
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Rangeaero Comparisons
Peer comparison for RangeAero
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Competitors of RangeAero
RangeAero 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 BONV, Scandron, LogiXair, DroniTech and Arka Aerospace, among others.
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Heavy-payload drones are manufactured for logistics, defense, and disaster response.
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Drones are manufactured for logistics, agriculture, and inspections.
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Automated aerial pick-up trucks are provided for logistics cargo transport.
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Develops advanced drones for product delivery and business applications.
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Develops advanced UAV products through research and engineering innovation.
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Detailed competitors of RangeAero
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Latest news on Rangeaero
Complete news archive for RangeAero
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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 current CEO of RangeAero. They have also founded this company.
RangeAero is a funded company, having raised a total of $78.72K across 2 funding rounds to date.
Annual revenue of RangeAero is $242.84 as on Mar 31, 2022.
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 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.