RFLY Technology

Mumbai, India Founded: 2020 • Age: 6 yrs Acquired By Trentar
Drones and accessories are manufactured for multiple applications.

About RFLY Technology

RFLY Technology is a company based in Mumbai (India) founded in 2020 was acquired by Trentar in September 2022. The company has 1 employees. RFLY Technology operates in a competitive market with competitors including DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.

Key Metrics
  • Annual Revenue
    ₹38.4 Lakh

    FY 2022 · +1525% YoY

  • Net Loss
    -₹15 Lakh

    FY 2022 · -39% margin

  • EBITDA
    -₹16,786

    FY 2022 · 0% margin

  • Investors
  • Employee Count
    1
  • Acquired by
    Trentar

    (Sep 2022)

Investors in RFLY Technology

RFLY Technology has secured backing from 1 investor. Prominent investors backing the company include Trentar.

All
InvestorDescriptionFounded YearDomainLocation
Produces high-quality commercial drones for various applications.
2021trentar.comMumbai, India
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Investor details for RFLY Technology

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Board of directors of Rfly Technology Private Limited (RFLY Technology)

Rfly Technology Private Limited is the primary company behind RFLY Technology. The board of Rfly Technology Private Limited currently have 2 directors; the longest-serving is Surendrasinh Navalsinh Gohil, appointed in 2020. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Surendrasinh Navalsinh Gohil
DIN 07718000
Director03 Aug 20206 yrs 2 moRfly Technology Private Limited
Kaustubh Mahendra Kalyankar
DIN 08843995
Additional Director19 Apr 20215 yrs 5 moRfly Technology Private Limited

Financials of RFLY Technology

Figures of Rfly Technology Private Limited, the primary company behind RFLY Technology, for FY 2022. Revenue was ₹38.4 Lakh (+1525% year on year). Net loss was -₹15 Lakh (-39% margin). EBITDA was -₹16,786 (0% margin).

  • ₹38.4 LakhRevenue · FY 2022 · +1525% YoY
  • -₹15 LakhNet loss · -39% margin
  • -₹16,786EBITDA · 0% margin
  • ₹1 LakhPaid-up capital

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

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Detailed financial statements for RFLY Technology

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Timeline of RFLY Technology

2 dated milestones of RFLY Technology across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded RFLY Technology is founded.
  2. Exit Acquired by Trentar.

Competitors of RFLY Technology

RFLY Technology 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 DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dji.com2006Shenzhen, China$105M–
Multi-utility drones are developed for agriculture and filmmaking sectors.
ideaforgetech.com2007Navi Mumbai, India$53.82M1,052
Developer of unmanned aerial vehicles
skydio.com2014San Mateo, United States$715M723
Autonomous drones, software, and accessories are manufactured for various sectors.
vantagerobotics.com2013San Francisco, United States$8.94M37
Unmanned aircraft systems are developed for government and business clients.
h3dynamics.com2015Singapore$39M–
Aerial inspection services are delivered using automated drones.
marutdrones.com2019Hyderabad, India$6.35M132
Precision drones are supplied for agricultural management tasks.
garudaaerospace.com2015Chennai, India$49.3M135
Manufacturer of drones and provider of drone-based solutions across various sectors
airoboticsdrones.com2014Scottsdale, United States$101M–
Design and development solutions for industrial drones are provided.
acsl.co.jp2013Chiba, Japan$25.09M–
Conducts R&D on, and markets, drones and robotics-based technologies.
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Detailed competitors of RFLY Technology

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Latest news on Rfly Technology

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Similar companies to RFLY Technology

10 companies that operate in the same segment as RFLY Technology (Drone & Aerial Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-utility drones are developed for agriculture and filmmaking sectors.
2006Shenzhen, Guangdong, ChinaUSD 105 M––
Provider of AI-based drone surveillance solutions for defense and maritime sector
2017Orange, California, United StatesUSD 11.29 B–2,193
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
Developer of unmanned aerial vehicles
2007Navi Mumbai, Maharashtra, IndiaUSD 53.82 MUSD 24.09 M595
Professional drones and software solutions are manufactured for specialized applications.
1994Paris, France–USD 93.74 M395
Manufacturer of drones and provider of drone-based solutions across various sectors
2015Chennai, Tamil Nadu, IndiaUSD 49.3 MUSD 12.94 M130
Autonomous drones, software, and accessories are manufactured for various sectors.
2014San Mateo, California, United StatesUSD 825 M–723
Autonomous drones and AI pilots for fighter jets are developed.
2015San Diego, California, United StatesUSD 3.17 B–641
Electric copters for urban mobility are manufactured and developed.
2011Bruchsal, Baden-wurttemberg, GermanyUSD 725.73 M––
Developer of small unmanned aerial systems
2015Gilching, Bayern, GermanyUSD 1.82 BUSD 39.45 M108
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Frequently Asked Questions about RFLY Technology

RFLY Technology was founded in 2020.

RFLY Technology is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

RFLY Technology has 1 employees.

The primary company behind RFLY Technology, Rfly Technology Private Limited, reported revenue of β‚Ή38.4 Lakh for FY 2022, up 1525% year on year.

RFLY Technology was founded in 2020 in Mumbai, India. Operations are centered on the production of drones and related accessories within the aerospace technology sector. Manufacturing processes are tailored to support diverse applications, including commercial and industrial uses. The company is headquartered in India, with activities focused on domestic and potential international markets through its domain rfly.co.in. Core services encompass design and assembly of aerial equipment.

RFLY Technology's top competitors include DJI, ideaForge and Garuda Aerospace.

RFLY Technology has 1 investor. Key investors include Trentar.

RFLY Technology operates through Rfly Technology Private Limited.

Yes. RFLY Technology was acquired by Trentar in September 2022.

The legal entities of RFLY Technology currently have 2 directors, including Kaustubh Mahendra Kalyankar, Surendrasinh Navalsinh Gohil.

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