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Founded
2015
Headquarters
Chennai (India)
Status
Series B
Company Details
Garuda Aerospace is a pioneering drone startup. The company operates at the forefront of the Indian drone technology sector, leveraging its expertise to serve markets across agriculture, defense, surveillance, disaster management and commercial applications (reflecting recent market trends toward Industry 4.0 and smart solutions). As a Make in India venture, Garuda Aerospace stands out for its vertically integrated approach, combining in-house drone design, manufacturing and pilot training under one roof.
Core Products and Services
Agri-Drones: For crop monitoring, spraying and precision agriculture.
Defense and Surveillance Drones: For reconnaissance, border security and anti-smuggling operations.
Mapping and Surveying Drones: For infrastructure, mining and urban planning.
Disaster Management Drones: For rapid response, search and rescue fand
and supply delivery.
Drone Training and Skilling: Comprehensive certification programs for remote pilots, supported by DGCA authorization.
key milestones
- 2020: Secured its first patent, marking the start of a robust IP portfolio.
- 2022: Manufacturing facility inaugurated by Prime Minister Narendra Modi.
- 2023–2024: Achieved 20 patents (including 6 global patents).
- 2024: Recognized with major awards: TiE50, Nasscom Emerge 50 and Deloitte Tech 50.
- 2025: Opened India’s first Agri-Drone Indigenization Facility; launched 300 Centres of Excellence and DGCA-approved Train the Trainer program.
Business Model & Revenue Streams
Product Sales: The largest revenue contributor, driven by sales of drones to government agencies, agricultural enterprises and commercial clients.
Service Contracts: Long-term agreements for surveillance, mapping and crop spraying, especially in the agriculture and defense sectors.
Training and Certification: Revenue from DGCA-approved remote pilot training programs, a growing segment as drone adoption accelerates.
Data Analytics and Platform Fees: Subscription-based analytics services for clients seeking actionable insights from drone-collected data.
Top Clients & Partnerships
Government Agencies: Over 100 government entities, including defense, disaster management and agricultural departments, rely on Garuda’s solutions for critical operations.
Private Sector Clients: More than 500 commercial clients across agriculture, infrastructure and logistics.
Strategic Partners: Collaborations with IIT Roorkee, IIT Madras, HAL, Swiggy, DRDO, Invest India, MIT Boston, Intel and Wipro underscore Garuda’s commitment to innovation and ecosystem development.
Sports and Branding: Official drone partner of the Chennai Super Kings IPL team and brand ambassador MS Dhoni, enhancing market visibility and credibility.
Future Outlook & Strategic Priorities
New Product Development: Expansion into advanced AI-powered drones, autonomous systems and Industry 4.0 solutions for agriculture and defense.
Market Expansion: Penetration of under-served rural and semi-urban markets and exploration of international opportunities as drone regulations liberalize globally.
M&A Pipeline: Potential for targeted acquisitions to enhance technology, manufacturing and service capabilities.
Key Metrics
Total Equity Funding
$52.9 Million
No. of Funding Rounds
10
Latest Funding Round
$1.0 Million, Series B
as of June 11, 2025
Post Money Valuation
$256 Million
as of March 28, 2025
Funding Multiple
4.84×
as of March 28, 2025
Investors
Ocgrow Group of Compani
and 10 moreEmployee Count
459
Similar Companies
Aerosense Technologies
Exit Details
-
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| June 11, 2025 | Series B | $1.0 Million | - | - | - | Narotam Sekhsaria Family Office, We Founder Circle |
| April 16, 2025 | Series B | $11.7 Million | $250 Million | - | - | Venture Catalysts |
| August 24, 2024 | Series B | $4.3Million | $255.0Million | - | - | IndiaAntivirus |
| March 6, 2024 | Series B | $2.7Million | $255.0Million | $13.4Million | - | D Investment, Aerial Innovation Partners Corporate: Hathor Advisors, Rishabh Homes, Bhagwativentures, NIRWANA GROWTH, Rgkasat, Dravina Innovators, I Knowledge Factory, Kirti Family Trust |
| October 25, 2023 | Series A | $5.5Million | $254.0Million | $10.2Million | - | Venture Catalysts, We Founder Circle, Peaceful Progress, Ocgrow Group of Companies, Silver Swan Capital, Claris Capital, Invstt, Amara Ventures, Esya Capital Advisors, Pkp Ventures, S Four Capital, San Angels Network , Aamara Capital, Bhagwativentures, Hem Securities |
| February 13, 2023 | Series A | $17.0Million | - | $5.5Million | - | Sphiticap, Mad Influence, Ocgrow Group of Companies, Silverstone Capital Holdings, We Founder Circle |
| January 3, 2023 | Angel | $95.5K | $97.3Million | $5.2Million | - | - |
| October 13, 2022 | Series A | $5.0Million | - | $4.3Million | - | Claris Capital |
| May 5, 2022 | Seed | $1.7Million | - | $2.7Million | - | Ocgrow Group of Companies |
| November 13, 2021 | Seed | $493.0K | $26.4Million | $1.5Million | - | Silver Swan Capital |
Recent News
Garuda Aerospace Secures New Funding from Narotam Sekhsaria Family Office
June 11, 2025
Drone startup Garuda Aerospace secures Rs 100 crore funding from Venture Catalysts at $250 million valuation
April 16, 2025
MS Dhoni Backed Garuda Aerospace Invests in Indigenous Defence Drone Startup Zuppa
March 6, 2025