TechEagle

Gurugram, India Founded: 2015 • Age: 11 yrs Minicorn
On-demand drone delivery networks are provided for various applications.

About TechEagle

TechEagle is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2015 by Anshu Abhishek and Vikram Singh Meena. On-demand drone delivery networks are provided for various applications. It operates in the Transportation, Automotive & Logistics and Aerospace, Defense & Maritime sectors. 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. TechEagle was last valued at $25.31 million in February 2024. Its chief executive, as recorded, is Vikram Singh Meena. Its Indian entity Techeagle Innovations Private Limited reported revenue of β‚Ή1.47 Cr. TechEagle offers products and services including Vertiplane X3. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Autonomous Delivery. Its competitors include Redwing, TSAW and DroniTech; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Gurugram, India
  • Employees 38
  • Founders Anshu Abhishek, Vikram Singh Meena
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website techeagle.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Techeagle Innovations Private Limited
  • Date of Incorporation 27 Jan, 2017
  • Jurisdiction Lucknow, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹1.47 Cr

    FY 2025 · -37% YoY

  • Net Loss
    -₹3.53 Cr

    FY 2025 · -240% margin

  • EBITDA
    -₹3.05 Cr

    FY 2025 · -207% margin

  • Total Equity Funding
    $1.74M (USD)

    in 5 rounds

  • Investors
    ideaForge

    & 92 more

  • Employee Count
    38

Products & Services of TechEagle

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

Vertiplane X3
Drone

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

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.

  • Total Funding $1.74M
  • Total Rounds 5
  • First Round $500,000

    (Jul 2021)

  • Investors Count 93

All 5 funding rounds of TechEagle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024Seed–Navam Capital
Feb 2024$316,900Seed$25.31M–
Jul 2023$880,997Seed$24.9MVSS Investco, Navam Capital
Jul 2022$37,586Angel Round–Priyo Patra
–
Jul 2021$500,000Seed$β€’β€’β€’β€’β€’India Accelerator, Mohit Gupta
Valuation history
DateValuationStage
Feb 2024$25.31Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2023$24.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of TechEagle

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Last known valuation $25.31M (Feb 2024). 93 investors in total: 14 institutional and 79 angel.

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
InvestorDescriptionFounded YearDomainLocation
Investment in engineering-driven deep-tech and science ventures in India.
2008navamcapital.comKolkata, India
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015venturecatalysts.inMumbai, India
Startup accelerator
2016znationlab.comCupertino, United States
Venture capital fund investing across multiple sectors
vssinvestco.tcc.modeDelhi, India
Venture capital investment in tech-startups
firstportcapital.tcc.modeGurugram, India
Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
2017indiaaccelerator.coGurugram, India
No specific information about Vinners is provided.
vinners.net
Developer of unmanned aerial vehicles
2007ideaforgetech.comNavi Mumbai, India
Provider of freight forwarder, warehouse management, and logistics services
2007sitics.coPalakkad, India
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Investor details for TechEagle

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Board of directors of Techeagle Innovations Private Limited (TechEagle)

Techeagle Innovations Private Limited is the primary company behind TechEagle. The board of Techeagle Innovations Private Limited currently have 2 directors; the longest-serving is Anshu Abhishek, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Anshu Abhishek
DIN 07704736
Director27 Jan 20179 yrs 8 moTecheagle Innovations Private Limited
Vikram Singh Meena
DIN 07705285
Director27 Jan 20179 yrs 8 moTecheagle Innovations Private Limited

People of TechEagle

10 people are tracked at TechEagle (5 in leadership, 5 in team); the tracked headcount is 38.

NameRoleGroup
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
CEO & FounderLeadership
Prince Kumar
Founder’s OfficeLeadership
Arsalan Beigh
Head Of Business OperationsLeadership
Aman Kumar Gautam
Senior Business Development ManagerTeam
Nitesh Akhade
Drone Operator-1Team
Gautam Sharma
Operations ManagerTeam
Vishwesh Kapoor
Manager - Business, Growth And StrategyTeam
Arusha Baghel
HR ExecutiveTeam
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Financials of TechEagle

Figures of Techeagle Innovations Private Limited, the primary company behind TechEagle, for FY 2025. Revenue was ₹1.47 Cr (-37% year on year). Net loss was -₹3.53 Cr (-240% margin). EBITDA was -₹3.05 Cr (-207% margin). Revenue has grown at a compounded annual rate of +200% over three years and +169% over five years.

  • ₹1.47 CrRevenue · FY 2025 · -37% YoY
  • -₹3.53 CrNet loss · -240% margin
  • -₹3.05 CrEBITDA · -207% margin
  • ₹70,470Paid-up capital
  • 38Employees (provident fund records)
  • +200%Revenue CAGR, 3 years
  • +169%Revenue CAGR, 5 years

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

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Detailed financial statements for TechEagle

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Timeline of TechEagle

4 dated milestones of TechEagle across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded TechEagle is founded.
  2. Funding First funding round of $500K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of TechEagle

TechEagle has 3 listed competitors in our database, 2 of them funded. They include Redwing, TSAW and DroniTech.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
redwinglabs.in2018Bengaluru, India$3.43M25
Autonomous drones are deployed for last-mile delivery logistics.
tsaw.tech2019Noida, India$646,25830
On-demand drone logistics solutions are provided for key industries.
dronifleet.com2019Mumbai, India20
Develops advanced drones for product delivery and business applications.
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Detailed competitors of TechEagle

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Web traffic of TechEagle

The website of TechEagle (techeagle.in) receives about 2.4K visits a month.

  • Monthly visits
    2.4K

    ▼ 27.7% vs previous month

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as TechEagle (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.37 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about 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 CEO of TechEagle, as recorded in our data. They have also founded this company.

TechEagle is a funded company, having raised a total of $1.74M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jul 2021.

TechEagle has 38 employees.

The primary company behind TechEagle, Techeagle Innovations Private Limited, reported revenue of β‚Ή1.47 Cr for FY 2025, down 37% year on year.

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, TSAW and DroniTech.

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.

TechEagle operates through Techeagle Innovations Private Limited.

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