2023
Bengaluru (India)
Series A
Nabhdrishti Aerospace is an innovative startup in the aviation and aerospace sector. Headquartered in Bengaluru, Karnataka, the company is dedicated to advancing indigenous propulsion technologies, focusing on the design and development of fuel-flexible micro gas turbines. The company's unique value proposition lies in its commitment to sustainability and self-reliance in India's aerospace sector. By developing advanced propulsion systems that reduce dependence on imported technologies, Nabhdrishti aims to redefine the future of aerospace propulsion.
Nabhdrishti Aerospace operates primarily on a B2B model, focusing on partnerships with manufacturers and industries requiring advanced propulsion solutions. The company's revenue streams include:
Direct Sales: Revenue generated from the sale of micro gas turbines and related technologies to aerospace manufacturers.
Partnerships: Collaborations with UAV manufacturers for joint development projects and technology licensing.
Research Grants: Funding from government initiatives aimed at promoting indigenous technology development.
The company’s growth strategy emphasizes market expansion through product innovation and strategic partnerships. By leveraging its expertise in gas turbine technology—backed by a team with over 50 years of combined experience at leading organizations such as GE , DRDO and Rolls-Royce. Nabhdrishti aims to scale its operations significantly over the coming years.
Nabhdrishti's business model differentiates itself from traditional aerospace companies by focusing on fuel-flexible engines that can operate on sustainable fuels, including green hydrogen. This positions Nabhdrishti not only as a competitor in the propulsion technology market but also as a pioneer in sustainable aerospace solutions.
In comparison to industry standards, where reliance on imported technologies is common, Nabhdrishti's approach aligns with global trends towards sustainability and self-sufficiency.
In conclusion, Nabhdrishti Aerospace stands at the forefront of micro gas turbine innovation, offering advanced solutions that promise to revolutionize power generation and propulsion systems. With a strong foundation in research and development, along with a clear vision for market expansion, Nabhdrishti is set to become a leader in the aerospace sector, driving forward the transition towards cleaner energy technologies.
$3.46 Million
3
$3 Million, Series A
as of February 26, 2025
$2.5 Million
as of April 6, 2024
5.48
as of April 6, 2024
Accel
and 1 more15
N/A
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
February 26, 2025 | Series A | $3 Million | - | Accel, IIMA Ventures | ||
April 6, 2024 | Seed | $360 K | $2.5 Million | IIMA Ventures |
April 23, 2024
May 19, 2024
March 26, 2025