ThrustWorks Dynetics

Pune, India Founded: 2023 • Age: 3 yrs
Developer of propulsion systems for space solutions
Annual revenue $2,724 Latest available
Total funding $788,788 1 rounds
Employees 5 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About ThrustWorks Dynetics

ThrustWorks Dynetics is a company based in Pune (India) founded in 2023 by Kalyani Shinde, Manan Joshi, and Vinith Shenoy. ThrustWorks Dynetics has raised $788.79 thousand across 1 funding round from investors including Jamwant Ventures, Piper Serica and SINE. The company has 5 employees as of June 30, 2025. ThrustWorks Dynetics operates in a competitive market with competitors including Avio, Exotrail, Phase Four, Bellatrix Aerospace and MTAR, among others.

  • Headquarter Pune, India
  • Employees 5 as on 30 Jun, 2025
  • Founders Kalyani Shinde, Manan Joshi, Vinith Shenoy
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Thrustworks Dynetics Private Limited
  • Date of Incorporation 22 Feb, 2023
  • Jurisdiction Pune City, Maharashtra, India
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.72 K (USD)
    0
    as on Mar 31, 2024
  • Net Profit
    -$596.06 (USD)
    0
    as on Mar 31, 2024
  • EBITDA
    -$596.06 (USD)
    0
    as on Mar 31, 2024
  • Total Equity Funding
    $788.79 K (USD)

    in 1 rounds

  • Latest Funding Round
    $788.79 K (USD), Seed

    Oct 06, 2025

  • Investors
  • Employee Count
    5

    as on Jun 30, 2025

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Funding Insights of ThrustWorks Dynetics

ThrustWorks Dynetics has successfully raised a total of $788.79K through 1 strategic funding round. The most recent funding activity was a Seed round of $788.79 thousand completed in October 2025. 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 ThrustWorks Dynetics

ThrustWorks Dynetics has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Jamwant Ventures, Piper Serica and SINE.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment and mentorship for technology-based startups in defense, aerospace, and other strategic industries.
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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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Private equity fund focused on multiple sectors
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Investor details for ThrustWorks Dynetics

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Investments & Acquisitions by ThrustWorks Dynetics

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Financial Statements - ThrustWorks Dynetics

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Thrustworks Dynetics Comparisons

ThrustWorks Dynetics Primary company
Description
Developer of propulsion systems for space solutions
Location
Pune, India
Founded Year
2023
Annual Revenue
$2.72 K (USD)
Net Profit
-$596.06 (USD)
EBITDA
-$596.06 (USD)
Employees
5
As of 2025
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Peer comparison for ThrustWorks Dynetics

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Competitors of ThrustWorks Dynetics

ThrustWorks Dynetics 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 Avio, Exotrail, Phase Four, Bellatrix Aerospace and MTAR, among others.

Company Name Domain Founded year HQ Location Description
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Space propulsion components, systems, and satellite launch adapters are developed.
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Mobility solutions for small satellites are developed and provided.
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Plasma propulsion systems for small satellites are developed and manufactured.
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Manufacturer of electric and green satellite propulsion systems
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Precision manufacturing services are provided for energy and defense sectors.
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Manufacturer of propulsion systems
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Detailed competitors of ThrustWorks Dynetics

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Latest news on Thrustworks Dynetics

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Frequently Asked Questions about ThrustWorks Dynetics

ThrustWorks Dynetics was founded in 2023 and raised its 1st funding round 2 years after it was founded.

ThrustWorks Dynetics is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Manan Joshi is the current CEO of ThrustWorks Dynetics. They have also founded this company.

ThrustWorks Dynetics is a funded company, having raised a total of $788.79K across 1 funding round to date.

As of Jun 30, 2025, the latest employee count at ThrustWorks Dynetics is 5.

Annual revenue of ThrustWorks Dynetics is $2.72K as on Mar 31, 2024.

Developer of propulsion systems for space solutions. It provides users with a rocket engine company that specializes in designing and developing innovative propulsion systems for commercialization.

ThrustWorks Dynetics's top competitors include Exotrail, Avio and Phase Four.

ThrustWorks Dynetics has 3 investors. Key investors include Jamwant Ventures, Piper Serica, and SINE.

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