TechEagle

Gurugram, India Founded: 2015 • Age: 11 yrs
On-demand drone delivery networks are provided for various applications.
Annual revenue $6,604 Latest available
Total funding $1.7M 5 rounds
Employees 38 Tracked headcount
Investors 93 Known backers
Products 1 Services tracked
Competitors 7 Brand Intelligence

About TechEagle

TechEagle is a company based in Gurugram (India) founded in 2015 by Anshu Abhishek and Vikram Singh Meena. TechEagle has raised $1.74 million across 5 funding rounds from investors including ideaForge, Venture Catalysts and Z Nation Lab. The company has 38 employees as of March 26, 2024. TechEagle offers products and services including Vertiplane X3. TechEagle operates in a competitive market with competitors including Redwing, PABLO AIR, Airbound, TSAW and DroniTech, among others.

  • Headquarter Gurugram, India
  • Employees 38 as on 26 Mar, 2024
  • Founders Anshu Abhishek, Vikram Singh Meena
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Techeagle Innovations Private Limited
  • Date of Incorporation 27 Jan, 2017
  • Jurisdiction Lucknow, Uttar Pradesh, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.6 K (USD)
    -87.38
    as on Mar 31, 2022
  • Net Profit
    -$130.7 K (USD)
    -9726.22
    as on Mar 31, 2022
  • EBITDA
    -$130.53 K (USD)
    -11134.88
    as on Mar 31, 2022
  • Total Equity Funding
    $1.74 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
    ideaForge

    & 92 more

  • Employee Count
    38

    as on Mar 26, 2024

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Products & Services of TechEagle

TechEagle offers a comprehensive portfolio of products and services, including Vertiplane X3.

Product name locked
Category locked
Primary

Hybrid VTOL drone for long-range, high-speed payload delivery.

People of TechEagle

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Aman Kumar Gautam
Senior Business Development Manager
People
Vikram Singh
CEO & Founder
People
Anshu Abhishek
COO & Co-Founder
People
Prince Kumar
Founder’s Office

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Funding Insights of TechEagle

TechEagle has successfully raised a total of $1.74M across 5 strategic funding rounds. 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 TechEagle

TechEagle has secured backing from 93 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include ideaForge, Venture Catalysts and Z Nation Lab.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in engineering-driven deep-tech and science ventures in India.
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Investments are made in early-stage tech startups across sectors.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Investor details for TechEagle

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Investments & Acquisitions by TechEagle

Investments
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Investment portfolio details for TechEagle

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Financial Statements - TechEagle

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Detailed financials for TechEagle

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Techeagle Comparisons

TechEagle Primary company
Description
On-demand drone delivery networks are provided for various a...
Location
Gurugram, India
Founded Year
2015
Annual Revenue
$6.6 K (USD)
Net Profit
-$130.7 K (USD)
EBITDA
-$130.53 K (USD)
Employees
38
As of 2024
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Peer comparison for TechEagle

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Competitors of TechEagle

TechEagle 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 Redwing, PABLO AIR, Airbound, TSAW and DroniTech, among others.

Company Name Domain Founded year HQ Location Description
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Autonomous drones are deployed for last-mile delivery logistics.
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Drone delivery services and swarm flight solutions are provided.
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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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Detailed competitors of TechEagle

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Latest news on Techeagle

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Complete news archive for TechEagle

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Frequently Asked Questions about TechEagle

TechEagle was founded in 2015 and raised its 1st funding round 6 years after it was founded.

TechEagle is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Vikram Singh Meena is the current CEO of TechEagle. They have also founded this company.

TechEagle is a funded company, having raised a total of $1.74M across 5 funding rounds to date.

As of Mar 26, 2024, the latest employee count at TechEagle is 38.

Annual revenue of TechEagle is $6.6K as on Mar 31, 2022.

TechEagle was founded in 2015 in Gurugram, India, within the drone technology and logistics sector. An on-demand delivery network is operated using custom drones capable of carrying payloads from one to ten kilograms. Autonomous flights lasting one to five hours are supported for multiple applications, including logistics and specialized transport services across urban and regional areas.

TechEagle's top competitors include Redwing, PABLO AIR and Airbound.

TechEagle offers Vertiplane X3.

TechEagle has 93 investors. Key investors include ideaForge, Venture Catalysts, Z Nation Lab, India Accelerator, and Sitics.

The valuation of TechEagle is $25.31M as of Feb 2024.

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