About TUNGA
TUNGA is an Aerospace, Defense & Maritime company based in Chennai (India) founded in 2020 by Ramesh Madhavan and Ganeshram Nandakumar. Drone systems are manufactured for defense and enterprise sectors. 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. TUNGA was last valued at $12.09 million in February 2024. Its Indian entity Tunga Aerospace Industries Private Limited reported revenue of ₹42.19 Cr. Its focus areas include Aerospace, Maritime and Defense.
Company details
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.
- Headquarters Chennai, India
- Employees 46
- Founders Ramesh Madhavan, Ganeshram Nandakumar
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Website tungasystems.com
- Social LinkedIn X
- Legal Name Tunga Aerospace Industries Private Limited
- Date of Incorporation 16 Dec, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹42.19 Cr
FY 2025 · +154% YoY
- Net Profit₹2.41 Cr
FY 2025 · 6% margin
- EBITDA₹5.76 Cr
FY 2025 · 14% margin
- Total Equity Funding$1.24M (USD)
in 2 rounds
- Latest Funding Round$879.42K (USD), Angel Round
Feb 2024
- Employee Count46
Associated legal entities of TUNGA
TUNGA operates through Tunga Aerospace Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tunga Aerospace Industries Private Limited CIN U29100TN2015PTC103322 | Active | 16 Dec 2015 | Chennai, Tamil Nadu | ₹42.2 Cr | 46 | 5 | View details |
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.
- Total Funding $1.24M
- Total Rounds 2
- Last Round Angel Round — $879,416
- First Round $362,331
(Feb 2023)
- Investors Count 29
All 2 funding rounds of TUNGA 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 |
|---|---|---|---|---|---|
| Feb 2024 | $879,416 | Angel Round | $12.09M | – | |
| Feb 2023 | $362,331 | Angel Round | $3.46M | Muruganandam Sundaram | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $12.09M | •••••••• |
| Feb 2023 | $3.46M | •••••••• |
Last known valuation $12.09M (Feb 2024). 29 investors in total: 0 institutional and 29 angel.
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 |
|---|---|---|---|---|
KK Kanav Kumar Gupta | unknown_8ce71636b4674841b | |||
KG Krishan Gupta | Angel investor and entrepreneur, focused on tech startups in India. | unknown_dd902904fd324dd7b | ||
AG Anil Gupta | unknown_8a3c5f65f4844b209 | |||
DK Dheeraj Khurana | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_af5ea08fc2764584a | ||
AG Aarushi Gupta | unknown_8514c1b8aa2e47dc8 | |||
VB Vikas Bansal | Angel investor, ex-Amazon leader, focused on tech startups in India. | unknown_4c090fdcbb0f4add9 | ||
RK Rahul Kishore Agarwal | unknown_272d3fda720846ddb | |||
AA Alka Ashta | unknown_3120b2bf414a4c69b | |||
RA Rajiv Ashta | unknown_04ae10a49335441fb | |||
MB Minakshi Bansal | unknown_3c60de9eb88a4080a |
Investor details for TUNGA
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Tunga Aerospace Industries Private Limited (TUNGA)
Tunga Aerospace Industries Private Limited is the primary company behind TUNGA. The board of Tunga Aerospace Industries Private Limited currently have 4 directors; the longest-serving is Shankar, appointed in 2017. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shankar DIN 07771232 | Director | 12 Jul 2017 | 9 yrs 3 mo | Tunga Aerospace Industries Private Limited |
| Venkatasubramanian Bhaskar DIN 08744419 | Director | 24 May 2020 | 6 yrs 5 mo | Tunga Aerospace Industries Private Limited |
| Murthy Haradanahalli DIN 08962750 | Director | 30 Aug 2024 | 2 yrs 1 mo | Tunga Aerospace Industries Private Limited |
| Makana Venkata Koteswara Vara Prasad DIN 10881759 | Additional Director | 17 Jan 2025 | 1 yr 9 mo | Tunga Aerospace Industries Private Limited |
People of TUNGA
2 people are tracked at TUNGA (2 in leadership); the tracked headcount is 46.
| Name | Role | Group |
|---|---|---|
Ramesh Madhavan | Co-Founder | Leadership |
Ganeshram Nandakumar | Co-Founder | Leadership |
Complete people profiles for TUNGA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TUNGA
Figures of Tunga Aerospace Industries Private Limited, the primary company behind TUNGA, for FY 2025. Revenue was ₹42.19 Cr (+154% year on year). Net profit was ₹2.41 Cr (6% margin). EBITDA was ₹5.76 Cr (14% margin). Revenue has grown at a compounded annual rate of +232% over three years and +89% over five years.
- ₹42.19 CrRevenue · FY 2025 · +154% YoY
- ₹2.41 CrNet profit · 6% margin
- ₹5.76 CrEBITDA · 14% margin
- ₹20.06 CrPaid-up capital
- 46Employees (provident fund records)
- +232%Revenue CAGR, 3 years
- +89%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tunga Aerospace Industries Private Limited are on its company page.
Detailed financial statements for TUNGA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of TUNGA
4 dated milestones of TUNGA across 4 years, from founding to its latest funding, stage changes and deals.
- Founded TUNGA is founded.
- Funding First funding round of $362K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $879K.
Web traffic of TUNGA
The website of TUNGA (tungasystems.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▼ 64.4% vs previous month
Websites whose visitors overlap most with TUNGA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vcanaerospace.com | vcanaerospace.com | 100% | – | ||
| jayasuriya.org | 94% | View details | |||
utkalaerospace.com | utkalaerospace.com | 91% | – | ||
| spacezoneindia.com | 82% | 4.4K | #4,959,635 | View details | |
| iampl.co.in | 81% | #6,343,559 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for TUNGA
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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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. The company's 1st funding round was a Angel Round of $362.33K, raised on Feb 2023.
TUNGA has 46 employees.
The primary company behind TUNGA, Tunga Aerospace Industries Private Limited, reported revenue of ₹42.19 Cr for FY 2025, up 154% year on year.
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.
TUNGA operates through Tunga Aerospace Industries Private Limited.
The legal entities of TUNGA currently have 5 directors, including Venkatasubramanian Bhaskar, Shankar, Murthy Haradanahalli and others.