About TUNGA
TUNGA is a company based in Chennai (India) founded in 2020 by Ramesh Madhavan and Ganeshram Nandakumar. TUNGA has raised $1.24 million across 2 funding rounds from investors including Kanav Kumar Gupta, Krishan Gupta and Anil Gupta. The company has 46 employees as of March 31, 2024.
- Headquarter Chennai, India
- Employees 46 as on 31 Mar, 2024
- Founders Ramesh Madhavan, Ganeshram Nandakumar
- Stage Minicorn
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Sectors
Aerospace, Defense & Maritime
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Tunga Aerospace Industries Private Limited
- Date of Incorporation 16 Dec, 2015
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$989.95 K (USD)613.65as on Mar 31, 2023
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Net Profit
$11.42 K (USD)103.27as on Mar 31, 2023
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EBITDA
$128.88 K (USD)138.75as on Mar 31, 2023
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Total Equity Funding
$1.24 M (USD)
in 2 rounds
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Latest Funding Round
$879.42 K (USD), Angel Round
Feb 12, 2024
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Investors
& 28 more
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Employee Count
46
as on Mar 31, 2024
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Funding Insights of TUNGA
TUNGA has successfully raised a total of $1.24M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $879.42 thousand completed in February 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.
Investors in TUNGA
TUNGA has secured backing from 29 investors, including angel investors. Prominent investors backing the company include Kanav Kumar Gupta, Krishan Gupta and Anil Gupta.
| Investor | Description | Founded Year | Domain | Location |
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KK
Kanav Kumar Gupta |
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Locked | Locked | Locked |
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KG
Krishan Gupta |
Angel investor and entrepreneur, focused on tech startups in India.
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Locked | Locked | Locked |
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AG
Anil Gupta |
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Locked | Locked | Locked |
Investor details for TUNGA
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Investments & Acquisitions by TUNGA
Investment portfolio details for TUNGA
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Financial Statements - TUNGA
Detailed financials for TUNGA
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Tunga Comparisons
Peer comparison for TUNGA
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Competitors of TUNGA
Detailed competitors of TUNGA
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Latest news on Tunga
Complete news archive for TUNGA
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Frequently Asked Questions about TUNGA
TUNGA was founded in 2020 and raised its 1st funding round 3 years after it was founded.
TUNGA is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
TUNGA is a funded company, having raised a total of $1.24M across 2 funding rounds to date.
As of Mar 31, 2024, the latest employee count at TUNGA is 46.
Annual revenue of TUNGA is $989.95K as on Mar 31, 2023.
TUNGA was founded in 2020 and is headquartered in Chennai, India. UAVs are designed, developed, and produced indigenously by the company for commercial and mission-critical uses in defense and enterprise fields. Operations focus on systems that enable straightforward deployment and allow payload adjustments to meet specific needs. The sector involves aerospace technology tailored to operational requirements.
TUNGA has 29 investors. Key investors include Kanav Kumar Gupta, Krishan Gupta, Anil Gupta, Dheeraj Khurana, and Aarushi Gupta.
The valuation of TUNGA is $12.09M as of Feb 2024.