About Vellon Space
Vellon Space is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2019 by Ajaykumar JK, and was acquired by Helogen in April 2025. Small payload launch vehicles are developed for nano- and cube-satellites. Its chief executive, as recorded, is Ajaykumar JK. Its Indian entity Vellon Space Private Limited reported revenue of ₹3 Lakh. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Launch Vehicles and Small Payload. Its competitors include Skyroot and AgniKul; 2 of its 2 listed competitors have raised funding.
Company details
Vellon Space was founded in 2019 in Bengaluru, India, within the aerospace sector. Small payload launch vehicles are developed to support missions for nano- and cube-satellites. Launching systems are built and provided to users, encompassing payload management, launch management, and dedicated launch services. Operations focus on enabling access to space for smaller-scale satellite deployments from the Indian base.
- Headquarters Bengaluru, India
- Founders Ajaykumar JK
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Website vellon.in
- Social LinkedIn X
- Acquired by Helogen (Apr 2025)
- Legal Name Vellon Space Private Limited
- Date of Incorporation 11 Feb, 2020
- Jurisdiction Madurai, Tamil Nadu, India
- Annual Revenue₹3 Lakh
FY 2025
- Net Loss-₹44,511
FY 2025 · -15% margin
- EBITDA-₹40,140
FY 2025 · -13% margin
- InvestorsIIT Madras
& 1 more
- Acquired byHelogen
(Apr 2025)
Associated legal entities of Vellon Space
Vellon Space operates through Vellon Space 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 |
|---|---|---|---|---|---|---|---|
| Vellon Space Private Limited CIN U29309TN2020PTC134342 | Active | 11 Feb 2020 | Madurai, Tamil Nadu | ₹0.0 Cr | 3 | View details |
Funding Insights of Vellon Space
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Vellon Space 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 |
|---|---|---|---|---|---|
| Mar 2024 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Vellon Space
Vellon Space has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IIT Madras and Helogen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Various engineering courses and degrees are offered by the institution. | 1959 | iitm.ac.in | Chennai, India | |
Helogen is focused on off-world manufacturing of biomaterials. | helogen.com | New York, United States |
Investor details for Vellon Space
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 Vellon Space Private Limited (Vellon Space)
Vellon Space Private Limited is the primary company behind Vellon Space. The board of Vellon Space Private Limited currently have 3 directors; the longest-serving is Jacob Karthik Ajaykumar, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jacob Karthik Ajaykumar DIN 08695168 | Managing Director | 11 Feb 2020 | 6 yrs 8 mo | Vellon Space Private Limited |
| Jacob Karthick DIN 08695169 | Director | 11 Feb 2020 | 6 yrs 8 mo | Vellon Space Private Limited |
| Duraiarasu Kayalvizhi DIN 08695170 | Director | 11 Feb 2020 | 6 yrs 8 mo | Vellon Space Private Limited |
People of Vellon Space
1 people are tracked at Vellon Space (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ajaykumar JK | Founder & CEO | Leadership |
Complete people profiles for Vellon Space
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 Vellon Space
Figures of Vellon Space Private Limited, the primary company behind Vellon Space, for FY 2025. Revenue was ₹3 Lakh. Net loss was -₹44,511 (-15% margin). EBITDA was -₹40,140 (-13% margin).
- ₹3 LakhRevenue · FY 2025
- -₹44,511Net loss · -15% margin
- -₹40,140EBITDA · -13% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Vellon Space Private Limited are on its company page.
Detailed financial statements for Vellon Space
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 Vellon Space
3 dated milestones of Vellon Space across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Vellon Space is founded.
- Funding First funding round.
- Exit Acquired by Helogen.
Competitors of Vellon Space
Vellon Space has 2 listed competitors in our database, 2 of them funded. They include Skyroot and AgniKul.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| skyroot.in | 2018 | Hyderabad, India | $150.87M | 374 | Provider of space launch services using Vikram series launch vehicles | |
| agnikul.in | 2017 | Chennai, India | $44.87M | 241 | Private aerospace manufacturing and commercial launch solutions are provided. |
Detailed competitors of Vellon Space
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vellon Space
The website of Vellon Space (vellon.in) receives about 1.1K visits a month.
- Monthly visits1.1K
Top companies in Space Research & Technology
2 companies that operate in the same segment as Vellon Space (Space Research & Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of space launch services using Vikram series launch vehicles | 2018 | Hyderabad, Telangana, India | USD 150.87 M | USD 3.39 M | 924 | |
Private aerospace manufacturing and commercial launch solutions are provided. | 2017 | Chennai, Tamil Nadu, India | USD 72.14 M | 241 |
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Frequently Asked Questions about Vellon Space
Vellon Space was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Vellon Space is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ajaykumar JK is the CEO of Vellon Space, as recorded in our data. They have also founded this company.
The primary company behind Vellon Space, Vellon Space Private Limited, reported revenue of ₹3 Lakh for FY 2025.
Vellon Space was founded in 2019 in Bengaluru, India, within the aerospace sector. Small payload launch vehicles are developed to support missions for nano- and cube-satellites. Launching systems are built and provided to users, encompassing payload management, launch management, and dedicated launch services. Operations focus on enabling access to space for smaller-scale satellite deployments from the Indian base.
Vellon Space has 2 investors. Key investors include IIT Madras, and Helogen.
Vellon Space operates through Vellon Space Private Limited.
Yes. Vellon Space was acquired by Helogen in April 2025.
The legal entities of Vellon Space currently have 3 directors, including Jacob Karthik Ajaykumar, Jacob Karthick, Duraiarasu Kayalvizhi.