About Sagar Defence Engineering
Sagar Defence Engineering is a company based in Pune (India) founded in 2015 by Lakshay Dang, Nikunj Parashar, and Mridul Babbar. Sagar Defence Engineering has raised $48.19 million across 7 funding rounds from investors including ONGC, Maharashtra State Innovation Society and SKEGEN. The company has 19 employees as of June 26, 2024. Sagar Defence Engineering offers products and services including Unmanned Surface Vehicle and Aerial Drones. Sagar Defence Engineering operates in a competitive market with competitors including Anduril, Saronic, Kraken Robotics, Saildrone and Liquid Robotics, among others.
- Headquarter Pune, India
- Employees 19 as on 26 Jun, 2024
- Founders Lakshay Dang, Nikunj Parashar, Mridul Babbar
- Stage Minicorn
-
Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics Aerospace, Defense & Maritime
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Sagar Defence Engineering Private Limited
- Date of Incorporation 16 May, 2015
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$4.68 M (USD)198.85as on Mar 31, 2024
-
Net Profit
$404.69 K (USD)510.12as on Mar 31, 2024
-
EBITDA
$583.85 K (USD)969.61as on Mar 31, 2024
-
Total Equity Funding
$48.19 M (USD)
in 7 rounds
-
Latest Funding Round
$18.1 M (USD), Series B
Mar 30, 2026
-
Investors
ONGC
& 10 more
-
Employee Count
19
as on Jun 26, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Sagar Defence Engineering
Sagar Defence Engineering offers a comprehensive portfolio of products and services, including Unmanned Surface Vehicle and Aerial Drones.
Autonomous vehicle for ocean data collection and surveillance tasks.
Drones for aerial monitoring and defense operations.
Funding Insights of Sagar Defence Engineering
Sagar Defence Engineering has successfully raised a total of $48.19M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $18.1 million completed in March 2026. 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 Sagar Defence Engineering
Sagar Defence Engineering has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ONGC, Maharashtra State Innovation Society and SKEGEN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
SKEGEN is engaged in smart asset management and investments.
|
Locked | Locked | Locked | |
|
Promotion of innovation and digital services in Maharashtra.
|
Locked | Locked | Locked | |
|
Early-stage tech startups are supported via venture capital and acceleration.
|
Locked | Locked | Locked |
Investor details for Sagar Defence Engineering
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sagar Defence Engineering
Investment portfolio details for Sagar Defence Engineering
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Sagar Defence Engineering
Detailed financials for Sagar Defence Engineering
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sagar Defence Engineering Comparisons
Peer comparison for Sagar Defence Engineering
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Sagar Defence Engineering
Sagar Defence Engineering 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 Anduril, Saronic, Kraken Robotics, Saildrone and Liquid Robotics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of AI-based drone surveillance solutions for defense and maritime sector
|
|
| Locked | Locked | Locked |
Autonomous surface vessels are developed for naval and maritime applications.
|
|
| Locked | Locked | Locked |
Unmanned maritime vehicles and subsea sensors are provided.
|
|
| Locked | Locked | Locked |
Developer of autonomous unmanned surface vehicle
|
|
| Locked | Locked | Locked |
Unmanned surface vehicles are developed using wave energy propulsion.
|
Detailed competitors of Sagar Defence Engineering
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sagar Defence Engineering
Complete news archive for Sagar Defence Engineering
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sagar Defence Engineering
Sagar Defence Engineering was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Sagar Defence Engineering is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Nikunj Parashar is the current CEO of Sagar Defence Engineering. They have also founded this company.
Sagar Defence Engineering is a funded company, having raised a total of $48.19M across 7 funding rounds to date.
As of Jun 26, 2024, the latest employee count at Sagar Defence Engineering is 19.
Annual revenue of Sagar Defence Engineering is $4.68M as on Mar 31, 2024.
Sagar Defence Engineering was founded in 2015 in Pune, India, within the defence engineering sector. Quadcopter drones and unmanned maritime surface vehicles are produced for civilian and military applications. Real-time data collection in extreme conditions is enabled through optical sensors, automated identification systems, and acoustic sensors. Customization is offered to meet specific requirements. Cloud connectivity, data storage, and an in-built collision avoidance system are incorporated in the designs.
Sagar Defence Engineering's top competitors include Anduril, Saronic and Kraken Robotics.
Sagar Defence Engineering offers Unmanned Surface Vehicle and Aerial Drones.
Sagar Defence Engineering has 11 investors. Key investors include ONGC, Maharashtra State Innovation Society, SKEGEN, Focus Marine, and Essel Omega Trust.
The valuation of Sagar Defence Engineering is $254.29M as of Dec 2024.