About TSAW
TSAW is a Transportation, Automotive & Logistics company based in Noida (India) founded in 2019 by Kishan Tiwari and Rimanshu Pandey. On-demand drone logistics solutions are provided for key industries. It operates in the Transportation, Automotive & Logistics and Aerospace, Defense & Maritime sectors. TSAW has raised $646.26 thousand across 5 funding rounds from investors including Zypp Electric, DroneAcharya and Log9. TSAW was last valued at $2.63 million in September 2022. Its chief executive, as recorded, is Kishan Tiwari. Its Indian entity Technit Space And Aero Works Private Limited reported revenue of ₹9.9 Lakh. TSAW offers products and services including Adarna Drone, Adarna XL, and Maruthi. Its focus areas include High Tech, Drones, Tech Enabled Services and Logistics. Its competitors include TechEagle, Redwing and DroniTech; 2 of its 3 listed competitors have raised funding.
Company details
TSAW was founded in 2019 in Noida, India, to deliver on-demand drone logistics solutions. Operations target sectors such as healthcare, housing societies, and campuses, where drone-based delivery is facilitated. A proprietary drone cloud intelligence system and hyperpilot technology are employed to manage flights and optimize routes. The focus remains on practical logistics applications across these areas.
- Headquarters Noida, India
- Founders Kishan Tiwari, Rimanshu Pandey
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsAerospace, Defense & Maritime
- Email••••••••
- Website tsaw.tech
- Social LinkedIn X YouTube
- Legal Name Technit Space And Aero Works Private Limited
- Date of Incorporation 26 Jun, 2019
- Jurisdiction Dadri, Uttar Pradesh, India
- Annual Revenue₹9.9 Lakh
FY 2023 · -75% YoY
- Net Loss-₹83.6 Lakh
FY 2023 · -844% margin
- EBITDA-₹70.2 Lakh
FY 2023 · -708% margin
- Total Equity Funding$646.26K (USD)
in 5 rounds
- Latest Funding Round$20.8K (USD), Angel Round
Sep 2024
- InvestorsZypp Electric
& 61 more
Associated legal entities of TSAW
TSAW operates through Technit Space And Aero Works Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Technit Space And Aero Works Private Limited CIN U29304UP2019PTC118508 | Active | 26 Jun 2019 | Dadri, Uttar Pradesh | ₹0.1 Cr | 30 | 2 | View details |
Products & Services of TSAW
TSAW offers a comprehensive portfolio of products and services, including Adarna Drone, Adarna XL, and Maruthi.
Drone for hyperlocal delivery of medical and package items.
Larger drone for e-commerce and logistics deliveries up to 8kg.
Platform for quick commerce drone operations in urban areas.
Apps and channels of TSAW
its YouTube channel TSAW Drones has 182 subscribers and 12 videos.
Videos from TSAW
The most watched videos on TSAW's YouTube channel, TSAW Drones (182 subscribers). Click a video to play it here.
More on TSAW Drones.
Funding Insights of TSAW
TSAW has successfully raised a total of $646.26K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $20.8 thousand completed in September 2024. 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 $646,258
- Total Rounds 5
- Last Round Angel Round — $20,797
- First Round $369,552
(Apr 2022)
- Investors Count 62
All 5 funding rounds of TSAW with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $20,797 | Angel Round | – | – | |
| Feb 2024 | $96,105 | Seed | – | – | |
| Jun 2023 | $159,804 | Seed | – | FITT, Vikas Chaudhary | – |
| Sep 2022 | Seed | $2.63M | Chandigarh Angels Network, Qubit | – | |
| Apr 2022 | $369,552 | Seed | $2.63M | Rajneesh Kumar, CABT |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $2.63M | •••••••• |
| Apr 2022 | $2.63M | •••••••• |
Last known valuation $2.63M (Sep 2022). 62 investors in total: 16 institutional and 46 angel.
Investors in TSAW
TSAW has secured backing from 62 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Zypp Electric, DroneAcharya and Log9.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investing and mentoring support for startups in India. | 2015 | chandigarhangelsnetwork.com | Chandigarh, India | |
Venture capital firm focused on early-stage companies | gauravsinghviventures.com | Surat, India | ||
Venture capital is provided to edtech companies by Pai Ventures. | paiventures.tcc.mode | Ahmedabad, India | ||
Investment platform for building investor communities and facilitating startup deals. | 2022 | soonicornventures.com | Gurugram, India | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
Early-stage startups are supported by sector-agnostic studio PedalStart. | pedalstart.com | Gurugram, India | ||
Startups are supported through sector-agnostic incubation, training, and mentorship. | 1992 | fitt-iitd.in | Delhi, India | |
Early-stage funding is connected to startups via online platform. | qubit.capital | Jaipur, India | ||
A platform is provided to connect startups with investors efficiently. | 2021 | podworld.in | Bengaluru, India | |
Logistics services are provided for e-commerce and retail sectors. | 2016 | cabtechnologies.com | Gurugram, India |
Investor details for TSAW
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Technit Space And Aero Works Private Limited (TSAW)
Technit Space And Aero Works Private Limited is the primary company behind TSAW. The board of Technit Space And Aero Works Private Limited currently have 2 directors; the longest-serving is Kishan Tiwari, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kishan Tiwari DIN 08494092 | Director | 26 Jun 2019 | 7 yrs 3 mo | Technit Space And Aero Works Private Limited |
| Rimanshu Pandey DIN 08858183 | Director | 01 Sep 2020 | 6 yrs 1 mo | Technit Space And Aero Works Private Limited |
People of TSAW
5 people are tracked at TSAW (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Arpit Sharma | Associate Vice President | Leadership |
Sudhanshu Mishra | Core Team | Team |
Saurabh Chaursiya | Embedded Engineer | Team |
Complete people profiles for TSAW
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of TSAW
Figures of Technit Space And Aero Works Private Limited, the primary company behind TSAW, for FY 2023. Revenue was ₹9.9 Lakh (-75% year on year). Net loss was -₹83.6 Lakh (-844% margin). EBITDA was -₹70.2 Lakh (-708% margin). Revenue has grown at a compounded annual rate of +360% over three years.
- ₹9.9 LakhRevenue · FY 2023 · -75% YoY
- -₹83.6 LakhNet loss · -844% margin
- -₹70.2 LakhEBITDA · -708% margin
- ₹9.3 LakhPaid-up capital
- 30Employees (provident fund records)
- +360%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Technit Space And Aero Works Private Limited are on its company page.
Detailed financial statements for TSAW
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of TSAW
4 dated milestones of TSAW across 5 years, from founding to its latest funding, stage changes and deals.
- Founded TSAW is founded.
- Funding First funding round of $370K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $21K.
Competitors of TSAW
TSAW has 3 listed competitors in our database, 2 of them funded. They include TechEagle, Redwing and DroniTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| techeagle.in | 2015 | Gurugram, India | $1.74M | 26 | On-demand drone delivery networks are provided for various applications. | |
| redwinglabs.in | 2018 | Bengaluru, India | $3.43M | 25 | Autonomous drones are deployed for last-mile delivery logistics. | |
| dronifleet.com | 2019 | Mumbai, India | 20 | Develops advanced drones for product delivery and business applications. |
Detailed competitors of TSAW
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TSAW
The website of TSAW (tsaw.tech) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 8.9% vs previous month
Websites whose visitors overlap most with TSAW. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| enord.co | 100% | 8.6K | #2,951,718 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as TSAW (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Tsaw
Complete news archive for TSAW
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about TSAW
TSAW was founded in 2019 and raised its 1st funding round 3 years after it was founded.
TSAW is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Kishan Tiwari is the CEO of TSAW, as recorded in our data. They have also founded this company.
TSAW is a funded company, having raised a total of $646.26K across 5 funding rounds to date. The company's 1st funding round was a Seed of $369.55K, raised on Apr 2022.
The primary company behind TSAW, Technit Space And Aero Works Private Limited, reported revenue of ₹9.9 Lakh for FY 2023, down 75% year on year.
TSAW was founded in 2019 in Noida, India, to deliver on-demand drone logistics solutions. Operations target sectors such as healthcare, housing societies, and campuses, where drone-based delivery is facilitated. A proprietary drone cloud intelligence system and hyperpilot technology are employed to manage flights and optimize routes. The focus remains on practical logistics applications across these areas.
TSAW offers Adarna Drone, Adarna XL, and Maruthi.
TSAW has 62 investors. Key investors include Zypp Electric, DroneAcharya, Log9, We Founder Circle, and FITT.
The valuation of TSAW is $2.63M as of Sep 2022.
TSAW operates through Technit Space And Aero Works Private Limited.
The legal entities of TSAW currently have 2 directors, including Kishan Tiwari, Rimanshu Pandey.