Radar Companies Aerospace, Maritime and Defense · Maharashtra
Radar · Aerospace, Maritime and Defense in Maharashtra

Best Aerospace, Maritime and Defense Companies in Maharashtra, India

The 99 best Aerospace, Maritime and Defense companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Allygrow.

99companies tracked
$99.8Mdisclosed funding
1unicorns
6have raised
FLIAR INTELLIGENCE · AEROSPACE, MARITIME AND DEFENSE × MAHARASHTRA

Our analysis of 50 Aerospace, Maritime and Defense companies

$6.7b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
89%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2017median founding year
220kcombined LinkedIn audience
68%of audience held by top 3
7companies hiring publicly (12 mo)

Ranked: Best Aerospace, Maritime and Defense companies in Maharashtra

#CompanyDisclosed fundingRevenueRevenue YoYEmployeesFoundedFounderRecent signals
1Godrej Aerospace
Manufacturer and supplier of aircraft engine parts, accessories, and components
$2.4B
FY2025
+20%641985Anil Verma
CEO
2Swan Energy
Gas regasification unit developer and operator
$814M
FY2025
+35%1371909Nikhil Merchant
CEO & MD
3Paras Defence & Space Technologies
Company offering wide range of defence products & solutions
$5M$44M
FY2025
+42%146
146 → 353 (+142%)
1972Munjal Shah
Managing Director
1 launch · 1 award
4Ind-Aust
Provider of shipping engineering, and training services
$43M
FY2025
-6%1151995Kamlesh Thakur
CEO
5Yeoman Marine Services
Provider of ship repair and maintenance services
$23M
FY2025
1999Sudhir Sharma
CEO
1 job opening
6Aurus Ship Management
Operator of vessels, providing technical management and crewing services
$21M
FY2025
+42%3992016
7Columbia Aurus Ship Management
Provider of ship management, crew management, and marine service solutions
$21M
FY2025
+42%1302016Subodh Awasthi
Managing Director & COO
5 job openings
8HAAL
Supplier of aerospace-grade aluminum hard alloys, catering to the global aerospace and defense industry
$18M
FY2025
+75%2008Abhey Agarwal
CEO
9CFF Fluid Control
Provider of cutting edge technology and engineering solutions for the defence industry
$17M
FY2025
+37%1772012
10Hipointservices
Provider of integrated solutions and services for the marine and petrochemical sectors
$15M
FY2025
+47%1752002
11H and H Precision
Provider of ship building solutions
$14M
FY2025
+130%1982Shashikant Kambli
Co-CEO
12Crimson Energy
Provider of ship design services for defense and space sectors
$5M$9M
FY2025
+104%264
264 → 133 (-50%)
2012Rajendra Mane
Co-Founder & Director
1 job opening
13Brij Systems
Provider of wet utility construction services
$8M
FY2025
341995Sandeep Agarwal
Founder & MD
14Altair Infrasec
Provider of shaft grounding systems, mobile shelters, and robotic services
$7M
FY2025
+770%2004Anil Anand
CEO
15Allygrow
Provider of product design and industrial automation solutions
$35M$5M
FY2024
+76%100
100 → 89 (-11%)
2015Vrishali Kamat
Co-Founder
16Brilliant Seagull$3M
FY2025
+44%2007Nandan Kilpady
CEO
17Bit Mapper Integration Technologies
Provider of electronics & embedded system designing and manufacturing services
$3M
FY2025
+42%1361999Amit Mahajan
Chief Executive Officer
18Cybermarine
Provider of marine design and engineering services
$2M
FY2025
-2%2002
19HYT Inovative
Precision machining company that specializes in manufacturing rocket and missile components, utilizing…
$1M
FY2025
-56%222019
20Cargo Gear Services
Cargo Gear Services
$1M
FY2021
16
21Aircontrolindia
Air Control India
$724K
FY2025
-18%2011
22H2GEN
Shipping company that provides a range of services, including chartering, commercial services, salvage…
$461K
FY2025
-9%2022Rajat Pandey
Co-Founder & CEO
23Dn5Marine
DN5 Marine provides marine, defense, civil, and biomedical engineering services.
$459K
FY2022
1 job opening · 1 partnership
24JSR Dynamics
Developer of airborne guided weapon systems
$19M$432K
FY2025
+238%2018Shirish Deo
Chairman & Managing Director
25Aquasail
Provider of ship designing and engineering services
$3M$390K
FY2025
+3%152006Zia Hajeebhoy
Director

Top 9 Aerospace, Maritime and Defense companies in Maharashtra

#1
Public · Mumbai, Maharashtra · founded 2015 · 142 employees
$32.5Mraised

Provider of ship designing and engineering services

Funding rounds
  • Sep 2025Post IPO$32.5M
Founders & team
Sujay KewalramaniCEO
Investors
Convergent
Tech stack
Apache Http ServerBootstrap IconsCdnjsCloudflareFont AwesomeGodaddy
#2
Series A · Pune, Maharashtra · founded 2012 · 264 employees
$5.1Mraised

Provider of ship design services for defense and space sectors. It specialise in underwater and maritime domains within the defense sector, providing advanced solutions for detection, ranging, and inspection. It also specialise in delivering cutting-edge engineering, IT, software and repair services tailored to the unique demands of the Defence sector.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 19k LinkedIn followers — 8.5% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Visual Designer
Funding rounds
  • Feb 2026Series A$4.8M
  • Feb 2023Seed
  • Mar 2019Angel$286.4K
Founders & team
Rajendra ManeCo-Founder & DirectorBinu JacobCo-Founder & MD
Investors
IDBI Capital Markets & Securities Ltd, Singularity AMC, Skothari, Vardhan Estates Firm, Maharashtra Defence and Aerospace Venture Fund
Tech stack
BootstrapCloudflareFont AwesomeHostingerHttp/3Jsdelivr
#3
Series B · Nagpur, Maharashtra · founded 2018
$19.2Mraised

Developer of airborne guided weapon systems. Company specializing in the research, development, and production of airborne guided weapon systems. It develops rocket guidance kits, miniature ground launch decoys, range extension kits, cruise missiles, glide boards and more.

Funding rounds
  • Jan 2025Series B$19.2M
Founders & team
Shirish DeoChairman & Managing Director
Investors
NVS Brokerage, Yes Bank, Sarv Ventures, Niveshaay, Growfast Securities and Credit, Free India Assurance
Tech stack
AstraContact Form 7Core-JsElementorElementor Header & Footer BuilderGoogle Analytics
#4
Public · Navi Mumbai, Maharashtra · founded 1972 · 146 employees
$4.5Mraised

Company offering wide range of defence products & solutions. It offers a range of products and solutions, include optical components, Imaging Systems, Electronic Systems, Cybersecurity Solutions, Production of heavy structures, flow-formed rocket motor tubes, special purpose machines, Titanium Fabrication, Electromagnetic Pulse Protection, Shielding Products, Drones and Anti-Drone Systems, Spacecraft Integration and Testing, Remote-Controlled Defense Systems, and Custom Engineering Solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 46k LinkedIn followers — 20.9% of this cohort's audience · 180 engagements/post (1.6× cohort median)
Activity: 1 product launches · 1 awards announced in 12 mo
Founders & team
Munjal ShahManaging Director
Investors
IDBI Capital Markets & Securities Ltd, Pooja Unichem, Devansh Ventures, Kaviraj Securities, ADIA, Paras Gate India
Tech stack
Animate.CssBackbone.JsBootstrapCdnjsCloudflareCloudflare Browser Insights
#5
Acquired · Pune, Maharashtra · founded 2015 · 100 employees
$35.1Mraised

Provider of product design and industrial automation solutions. It offers core product design and industrial automation solutions enabling companies to develop products. Services encompass product engineering, styling concepts, feasibility design and validation, CAD and ECM, manufacturing engineering, pre-series development, and plant engineering. The company also provides solutions in virtual validation, embedded systems, electrification, and plant automation/IIoT. Its offerings support various industries including passenger cars, commercial vehicles, off-highway vehicles, and two/three wheelers.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 4.5% of this cohort's audience
Funding rounds
  • Jan 2019Series B$924.1K
  • Oct 2017Series B$1.2M
  • Jul 2016Series B$3.1M
  • Feb 2016Series B$9.8M
Founders & team
Vrishali KamatCo-Founder
Investors
Zodius, Techpro Ventures, Avendus, WST Capital Management, Elder Venture
Tech stack
WordpressMysqlPhpApache Http ServerSectigo
#6
Seed · Mumbai, Maharashtra · founded 2006 · 15 employees
$3.4Mraised

Operator of a boating company intended to offer global sailing experiences in India. The company offers an array of delightful experiences on a range of boat-fun and learning programs for individuals and families along with corporate programs for brand building and employee motivation, enabling individuals, tourists and corporates to learn as well as have fun experiences.

Funding rounds
  • Oct 2019Seed$845.9K
  • Jan 2018Seed$784.9K
  • Jul 2015Seed$81.2K
  • Jul 2013Seed$976.9K
Founders & team
Zia HajeebhoyDirector
Investors
Mahindra, Tabby MBC, Mahindra Partners
Tech stack
AkismetCloudflareCloudflare Browser InsightsContact Form 7Core-JsDivi
#7
Seed · Mumbai, Maharashtra · founded 2020
raised

Reimagining air transport with innovative, safe, and sustainable airship solutions. The company focuses on developing Lighter-Than-Air aircraft (Airships) using modern materials, controls, and information technology to create a safer, more equitable, and sustainable future. They aim to re-introduce airship technology as a viable and safe mode of transport, addressing complex national and global challenges. Their core values include innovation, integrity, accountability, respect, care, creating value for society and the environment, and ensuring safety, quality, and reliability. This tech company is committed to improving human lives and making the world a better place through its innovative airship designs.

Founders & team
Swati MehtaCo-Founder & COO
Investors
AIC-RMP
#8
Public · Mumbai, Maharashtra · founded 1909 · 137 employees
raised

Gas regasification unit developer and operator

LinkedIn Pulse recent public activity · Jul 2026
Audience: 794 LinkedIn followers
Founders & team
Nikhil MerchantCEO & MD
Investors
2i Capital, SBI Life Insurance, LIC Mutual Fund, Tata Mutual Fund, SBI General, BNP Paribas Mutual Fund
Tech stack
BootstrapCdnjsCloudflareContact Form 7Core-JsElementor
#9
Funding Raised · Mumbai, Maharashtra · founded 1999
raised

Provider of ship repair and maintenance services. It is aprovider of services and products for the shipbuilding and marine industries. The company offers a range of solutions, including hull and structural engineering, refits, and repair works of all hull types.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Hiring: 4 hiring posts in 12 mo (public) · momentum -1 · hiring: Account Executive, Quality Assurance Quality Control Engineer
Funding rounds
  • Mar 2023Unattributed
Founders & team
Sudhir SharmaCEO
Investors
IDBI Capital Markets & Securities Ltd, Maharashtra Defence and Aerospace Venture Fund, Dynatron Services
Tech stack
BootstrapContact Form 7Core-JsElementorFormidable FormGoogle Font Api

Funding & investor landscape

$99.8Mtotal disclosed funding
6companies funded
15disclosed rounds
0rounds last 90 days
Most active investors
Maharashtra Defence and Aerospace Venture Fund5 rounds
IDBI Capital Markets & Securities Ltd3 rounds
Avendus2 rounds
Forge2 rounds
Life Insurance Corporation of India2 rounds
2i Capital1 rounds
ADIA1 rounds
AIC-RMP1 rounds
Aarsonbuildcon1 rounds
Anand Rathi1 rounds

Notable founders

Sujay Kewalramani
CEO · Knowledge Marine & Engineering Works
Rajendra Mane
Co-Founder & Director · Crimson Energy
Binu Jacob
Co-Founder & MD · Crimson Energy
Shirish Deo
Chairman & Managing Director · JSR Dynamics
Munjal Shah
Managing Director · Paras Defence & Space Technologies
Vrishali Kamat
Co-Founder · Allygrow
Zia Hajeebhoy
Director · Aquasail
Swati Mehta
Co-Founder & COO · Empyreal Galaxy
Nikhil Merchant
CEO & MD · Swan Energy
Sudhir Sharma
CEO · Yeoman Marine Services
Prism market signals · India · country-scoped Prism corpus, 6,496,210 docs

Market landscape — 10 sub-themes by coverage

Share of Aerospace, Maritime and Defense coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Aerospace, Maritime and Defense companies are there in Maharashtra, India?
Radar tracks 99 indexable Aerospace, Maritime and Defense companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Aerospace, Maritime and Defense companies in Maharashtra, India?
The Aerospace, Maritime and Defense companies in Maharashtra, India on this list have raised a combined $99.8M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Aerospace, Maritime and Defense company in Maharashtra, India?
Allygrow is the highest-funded Aerospace, Maritime and Defense company in Maharashtra, India, with $35.1M in disclosed equity funding.
How many Aerospace, Maritime and Defense companies in Maharashtra, India are funded?
6 of the 99 Aerospace, Maritime and Defense companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Aerospace, Maritime and Defense unicorns are there in Maharashtra, India?
1 Aerospace, Maritime and Defense company in Maharashtra, India on this list is valued at $1B or more.
Who are the top investors in Maharashtra, India Aerospace, Maritime and Defense companies?
The most active investors in Maharashtra, India Aerospace, Maritime and Defense companies on this list include Maharashtra Defence and Aerospace Venture Fund, IDBI Capital Markets & Securities Ltd, Avendus, Forge, Life Insurance Corporation of India.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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