About Redwing
Redwing is a company based in Bengaluru (India) founded in 2018 by Arunabha Bhattacharya, Rishabh Gupta, and Anshul Sharma. Redwing has raised $3.43 million across 4 funding rounds from investors including Angel List, 91Springboard and Wellfound. Redwing offers products and services including Autonomous Drones and Delivery Service. Redwing operates in a competitive market with competitors including Airbound, TSAW, DroniTech and Flyit, among others.
- Headquarter Bengaluru, India
- Founders Arunabha Bhattacharya, Rishabh Gupta, Anshul Sharma
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Kitemaps Aerial Mapping Services Private Limited
- Date of Incorporation 29 Jan, 2018
- Jurisdiction Devanahalli, Karnataka, India
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Annual Revenue
$159.87 K (USD)101.22as on Mar 31, 2023
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Net Profit
-$289.02 K (USD)-56.5as on Mar 31, 2023
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EBITDA
-$260.93 K (USD)-29.33as on Mar 31, 2023
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Total Equity Funding
$3.43 M (USD)
in 4 rounds
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Latest Funding Round
$239.86 K (USD), Angel Round
Mar 30, 2024
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Investors
Angel List
& 24 more
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Employee Count
Not available
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Products & Services of Redwing
Redwing offers a comprehensive portfolio of products and services, including Autonomous Drones and Delivery Service.
Drones designed for efficient delivery of logistics items
Service for autonomous transport of healthcare and food products
People of Redwing
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Funding Insights of Redwing
Redwing has successfully raised a total of $3.43M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $239.86 thousand completed in March 2024. 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 Redwing
Redwing has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, 91Springboard and Wellfound.
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Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore.
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Investment in startups across aerospace, electric vehicles, and personal wellness sectors.
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Seed and early stage impact VC firm investing in the US and India
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Investor details for Redwing
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Investments & Acquisitions by Redwing
Investment portfolio details for Redwing
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Financial Statements - Redwing
Detailed financials for Redwing
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Redwing Comparisons
Peer comparison for Redwing
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Competitors of Redwing
Redwing 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 Airbound, TSAW, DroniTech and Flyit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Zero-infrastructure delivery drones are developed for remote area access.
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On-demand drone logistics solutions are provided for key industries.
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Develops advanced drones for product delivery and business applications.
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Drone delivery platform for quick commerce, health care, and logistics in India.
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Detailed competitors of Redwing
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Latest news on Redwing
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Frequently Asked Questions about Redwing
Redwing was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Redwing is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rishabh Gupta is the current CEO of Redwing. They have also founded this company.
Redwing is a funded company, having raised a total of $3.43M across 4 funding rounds to date.
Annual revenue of Redwing is $159.87K as on Mar 31, 2023.
Founded in 2018 and based in Bengaluru, India, Redwing operates in the drone technology sector, focusing on autonomous systems for last-mile logistics. Drones are designed, developed, and deployed to transport goods such as healthcare supplies and e-commerce parcels. Operations include order processing, transfer to flight teams, delivery verification, and drone retrieval to hubs, supporting efficient urban deliveries.
Redwing offers Autonomous Drones and Delivery Service.
Redwing has 25 investors. Key investors include Angel List, 91Springboard, Wellfound, LetsVenture, and Z Nation Lab.
The valuation of Redwing is $16.26M as of Jun 2023.