SkyKrafts

Bengaluru, India Founded: 2015 • Age: 11 yrs
Unmanned aerial vehicles are developed for consumer and commercial uses.

About SkyKrafts

SkyKrafts is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2015. Unmanned aerial vehicles are developed for consumer and commercial uses. Its Indian entity Skykrafts Aerospace Private Limited reported revenue of β‚Ή3.8 Lakh. SkyKrafts offers products and services including ahaDRONE, KISAN DRONE, RAV, and SKYWARE. Its focus areas include High Tech, Drones, Commercial Drones and Multi Utility. Its competitors include ideaForge, Marut Drones and Dhaksha; 3 of its 3 listed competitors have raised funding.

Company details

SkyKrafts was founded in 2015 in Bengaluru, India, where unmanned aerial vehicles are developed for commercial and consumer applications. An autopilot system is integrated to support obstacle avoidance and autonomous flight operations. Autonomous charging mechanisms are also incorporated to enable extended flight durations without manual intervention. The companys activities focus on advancing drone technology within the aerospace sector.

Key Metrics
  • Annual Revenue
    ₹3.8 Lakh

    FY 2021

  • Net Profit
    ₹1.4 Lakh

    FY 2021 · 37% margin

  • EBITDA
    ₹2 Lakh

    FY 2021 · 51% margin

  • Investors

Products & Services of SkyKrafts

SkyKrafts offers a comprehensive portfolio of products and services, including ahaDRONE, KISAN DRONE, RAV, and SKYWARE.

ahaDRONE
Drone Kit

Open-source drone kit with Linux computer for innovative applications.

KISAN DRONE
Spraying Drone

Efficient aerial spraying system for agricultural crop management.

RAV
UAV Framework

Enterprise drone platform for developing dependable applications.

SKYWARE
Drone Infrastructure

Toolset for building trusted UAV operations and services.

Funding Insights of SkyKrafts

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of SkyKrafts with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2017Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in SkyKrafts

SkyKrafts has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Karnataka.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
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Investor details for SkyKrafts

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Board of directors of Skykrafts Aerospace Private Limited (SkyKrafts)

Skykrafts Aerospace Private Limited is the primary company behind SkyKrafts. The board of Skykrafts Aerospace Private Limited currently have 2 directors; the longest-serving is Karthika Reddy Guvvala, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Karthika Reddy Guvvala
DIN 07308049
Director07 Oct 201511 yrsSkykrafts Aerospace Private Limited
Srinivasulu Reddy Guvvala
DIN 02404848
Director07 Oct 201511 yrsSkykrafts Aerospace Private Limited

Financials of SkyKrafts

Figures of Skykrafts Aerospace Private Limited, the primary company behind SkyKrafts, for FY 2021. Revenue was ₹3.8 Lakh. Net profit was ₹1.4 Lakh (37% margin). EBITDA was ₹2 Lakh (51% margin). Revenue has grown at a compounded annual rate of -28% over three years.

  • ₹3.8 LakhRevenue · FY 2021
  • ₹1.4 LakhNet profit · 37% margin
  • ₹2 LakhEBITDA · 51% margin
  • ₹1 LakhPaid-up capital
  • -28%Revenue CAGR, 3 years

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

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Detailed financial statements for SkyKrafts

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of SkyKrafts

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

  1. Founded SkyKrafts is founded.
  2. Funding First funding round.

Competitors of SkyKrafts

SkyKrafts has 3 listed competitors in our database, 3 of them funded. They include ideaForge, Marut Drones and Dhaksha.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ideaforgetech.com2007Navi Mumbai, India$53.82M1,052
Developer of unmanned aerial vehicles
marutdrones.com2019Hyderabad, India$6.35M132
Precision drones are supplied for agricultural management tasks.
dhakshadrones.com2019Chennai, India$5.46M142
Agricultural drones for crop management and spraying are provided.
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Detailed competitors of SkyKrafts

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Top companies in Drone & Aerial Mobility

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of unmanned aerial vehicles
2007Navi Mumbai, Maharashtra, IndiaUSD 53.82 MUSD 24.09 M595
Manufacturer of drones and provider of drone-based solutions across various sectors
2015Chennai, Tamil Nadu, IndiaUSD 59.3 MUSD 12.94 M130
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Related news about Skykrafts

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Frequently Asked Questions about SkyKrafts

SkyKrafts was founded in 2015 and raised its 1st funding round 2 years after it was founded.

SkyKrafts is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind SkyKrafts, Skykrafts Aerospace Private Limited, reported revenue of β‚Ή3.8 Lakh for FY 2021.

SkyKrafts was founded in 2015 in Bengaluru, India, where unmanned aerial vehicles are developed for commercial and consumer applications. An autopilot system is integrated to support obstacle avoidance and autonomous flight operations. Autonomous charging mechanisms are also incorporated to enable extended flight durations without manual intervention. The companys activities focus on advancing drone technology within the aerospace sector.

SkyKrafts's top competitors include ideaForge, Marut Drones and Dhaksha.

SkyKrafts offers ahaDRONE, KISAN DRONE, RAV, and SKYWARE.

SkyKrafts has 1 investor. Key investors include Startup Karnataka.

SkyKrafts operates through Skykrafts Aerospace Private Limited.

The legal entities of SkyKrafts currently have 2 directors, including Karthika Reddy Guvvala, Srinivasulu Reddy Guvvala.

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