About Raphe
Raphe is an Aerospace, Defense & Maritime company based in Noida (India) founded in 2017 by Nitin Katiyar and Vivek Mishra. Manufacturer of carbon fiber composite products and unmanned aerial vehicles. Raphe has raised $205.96 million across 8 funding rounds from investors including Pivotal Software, Ascent Capital and Dovetail Capital. The company has 381 employees. Raphe was last valued at $263.71 million in March 2024. Its chief executive, as recorded, is Vivek Mishra. Its website raphe.com draws about 18 thousand monthly visits. Its Indian entity Raphe Mphibr Private Limited reported revenue of ₹268 Cr. Raphe offers products and services including UAVs and Carbon Fiber Composites. Its focus areas include High Tech, Drones, Commercial Drones and Multi Utility. Its competitors include ideaForge and VECROS; 2 of its 2 listed competitors have raised funding.
Company details
Founded in 2017 and based in Noida, India, operations are centered on the aerospace sector. Carbon fiber composite products and unmanned aerial vehicles are produced through research and development efforts. Infrastructure supports additive, subtractive, PCB assembly, and composite manufacturing processes. End-to-end manufacturing is utilized to drive product and process innovations.
- Headquarters Noida, India
- Employees 381
- Founders Nitin Katiyar, Vivek Mishra
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website raphe.com
- Social LinkedIn X Facebook
- Legal Name Raphe Mphibr Private Limited
- Date of Incorporation 21 Jul, 2017
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹268 Cr
FY 2025 · +211% YoY
- Net Profit₹6.50 Cr
FY 2025 · 2% margin
- EBITDA₹39.13 Cr
FY 2025 · 15% margin
- Total Equity Funding$205.96M (USD)
in 8 rounds
- Latest Funding Round$100M (USD), Series B
Jun 2025
- InvestorsPivotal Software
& 42 more
- Employee Count381
Associated legal entities of Raphe
Raphe operates through Raphe Mphibr 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 |
|---|---|---|---|---|---|---|---|
| Raphe Mphibr Private Limited CIN U26990UP2017PTC095246 | Active | 21 Jul 2017 | Noida, Uttar Pradesh | ₹268 Cr | 381 | 8 | View details |
Products & Services of Raphe
Raphe offers a comprehensive portfolio of products and services, including UAVs and Carbon Fiber Composites.
Advanced systems for aerial operations in aerospace applications
High-strength materials used in manufacturing and aviation
Funding Insights of Raphe
Raphe has successfully raised a total of $205.96M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in June 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 $205.96M
- Total Rounds 8
- Last Round Series B — $100M
- First Round $15.17M
(Aug 2022)
- Investors Count 43
All 8 funding rounds of Raphe 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 |
|---|---|---|---|---|---|
| Jun 2025 | $100M | Series B | – | General Catalyst | |
| Sep 2024 | $14.29M | Series B | – | Amal N Parikh | |
| Sep 2024 | $14.29M | Series A | – | – | |
| Mar 2024 | $7.25M | Series B | $263.71M | Think Investments | – |
| Nov 2023 | $22.23M | Series A | – | – | |
| Apr 2023 | $17.56M | Series B | $259.68M | Think Investments, Dovetail Capital | |
| Aug 2022 | $15.17M | Series B | $••••• | Ascent Capital, Evolute Ventures | |
| Aug 2022 | $15.17M | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $263.71M | •••••••• |
| Apr 2023 | $259.68M | •••••••• |
| Aug 2022 | $••••• | •••••••• |
Full valuation and stage history of Raphe
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $263.71M (Mar 2024). 43 investors in total: 14 institutional and 29 angel.
Investors in Raphe
Raphe has secured backing from 43 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Pivotal Software, Ascent Capital and Dovetail Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on seed-stage startups | thinkinvestmentsllc.com | Parsippany Troy Hills, United States | ||
AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine. | 2000 | ascentcapital.in | Bengaluru, India | |
Startups across diverse sectors are accelerated by Evolute Ventures. | evolute.ventures | Milan, Italy | ||
Private equity firm focused on multiple sectors | ||||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Investment Firm | thinkinvestments.com | San Francisco, United States | ||
Investment management services are provided for institutional and high-net-worth clients. | 2017 | dovetailindia.com | Mumbai, India | |
Enterprise platform as a service for big data is provided. | 2013 | pivotal.io | San Francisco, United States | |
Manufactures solar-powered products, including panels and integrated energy systems. | 2016 | anjanaprojects.com | Kampala, Uganda |
Investor details for Raphe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Raphe Mphibr Private Limited (Raphe)
Raphe Mphibr Private Limited is the primary company behind Raphe. The board of Raphe Mphibr Private Limited currently have 8 directors; the longest-serving is Nitin Katiyar, appointed in 2017. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Katiyar DIN 07874981 | Director | 21 Jul 2017 | 9 yrs 3 mo | Raphe Mphibr Private Limited |
| Vivek Kumar Mishra DIN 07551119 | Director | 21 Jul 2017 | 9 yrs 3 mo | Raphe Mphibr Private Limited |
| Vikash Kumar Mishra DIN 07551114 | Director | 21 Jul 2017 | 9 yrs 3 mo | Raphe Mphibr Private Limited |
| Varun Garg DIN 00245970 | Director | 01 Sep 2020 | 6 yrs 2 mo | Raphe Mphibr Private Limited |
| Amal Parikh DIN 00983244 | Director | 03 Nov 2022 | 4 yrs | Raphe Mphibr Private Limited |
| Vivek Inder Gupta DIN 00027546 | Director | 03 Nov 2022 | 4 yrs | Raphe Mphibr Private Limited |
| Vinita Jha DIN 08395714 | Director | 23 Dec 2022 | 3 yrs 10 mo | Raphe Mphibr Private Limited |
| Amitabh Kant DIN 00222708 | Additional Director | 09 Dec 2025 | 11 mo | Raphe Mphibr Private Limited |
People of Raphe
14 people are tracked at Raphe (11 in leadership, 3 in team); the tracked headcount is 381.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Varun Narang | Senior Vice President Finance | Leadership |
Aman Chhabra | Chief Operating Officer | Leadership |
Ayushi Shrivastava | Vice President Human Resources | Leadership |
Laurence Aled Jones | Chief Aerodynamicist | Leadership |
Priyanshi Garg | Executive Assistant To CEO | Leadership |
Abhishek Aggarwal | President Software | Leadership |
Berender Singh Adhikari | Vice President - Production | Leadership |
Mili Shah | CMO | Leadership |
Alex Guion | Chief Strategy & Procurement Officer | Leadership |
Akash Upadhyay | Event Manager | Team |
Kashish Chanana | Executive Assistant To Chairman | Team |
Arjan Chakraborty | Visa Mobility Executive | Team |
Complete people profiles for Raphe
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Financials of Raphe
Figures of Raphe Mphibr Private Limited, the primary company behind Raphe, for FY 2025. Revenue was ₹268 Cr (+211% year on year). Net profit was ₹6.50 Cr (2% margin). EBITDA was ₹39.13 Cr (15% margin). Revenue has grown at a compounded annual rate of +71% over three years and +200% over five years.
- ₹268 CrRevenue · FY 2025 · +211% YoY
- ₹6.50 CrNet profit · 2% margin
- ₹39.13 CrEBITDA · 15% margin
- ₹82.5 LakhPaid-up capital
- 381Employees (provident fund records)
- +71%Revenue CAGR, 3 years
- +200%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Raphe Mphibr Private Limited are on its company page.
Detailed financial statements for Raphe
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Raphe
4 dated milestones of Raphe across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Raphe is founded.
- Funding First funding round of $15.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $100.0M.
Competitors of Raphe
Raphe has 2 listed competitors in our database, 2 of them funded. They include ideaForge and VECROS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ideaforgetech.com | 2007 | Navi Mumbai, India | $53.82M | 1,052 | Developer of unmanned aerial vehicles | |
| vecros.com | 2018 | Bengaluru, India | $453,206 | Spatial-AI powered drones for Construction, Warehouse, Defense |
Detailed competitors of Raphe
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Web traffic of Raphe
The website of Raphe (raphe.com) receives about 17.6K visits a month.
- Monthly visits17.6K
▲ 201.1% vs previous month
Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Raphe (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 26.48 M | 531 | |
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 |
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Related news about Raphe
Complete news archive for Raphe
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Frequently Asked Questions about Raphe
Raphe was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Raphe is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Vivek Mishra is the CEO of Raphe, as recorded in our data. They have also founded this company.
Raphe is a funded company, having raised a total of $205.96M across 8 funding rounds to date. The company's 1st funding round was a Series B of $15.17M, raised on Aug 2022.
Raphe has 381 employees.
The primary company behind Raphe, Raphe Mphibr Private Limited, reported revenue of ₹268 Cr for FY 2025, up 211% year on year.
Founded in 2017 and based in Noida, India, operations are centered on the aerospace sector. Carbon fiber composite products and unmanned aerial vehicles are produced through research and development efforts. Infrastructure supports additive, subtractive, PCB assembly, and composite manufacturing processes. End-to-end manufacturing is utilized to drive product and process innovations.
Raphe offers UAVs and Carbon Fiber Composites.
Raphe has 43 investors. Key investors include Pivotal Software, Ascent Capital, Dovetail Capital, Think Investments LLC, and Evolute Ventures.
The valuation of Raphe is $263.71M as of Mar 2024.
Raphe operates through Raphe Mphibr Private Limited.