125 indexable Aerospace, Maritime and Defense Tech companies headquartered in Maharashtra, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $121.7M across 35 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
AjnaLens
Manufacturer of mixed reality headset |
$12.6M | $55M as of 2023 |
Seed | Seed Jul 2025 | 79 | 2014 | ↑ Active |
| 2 |
Manastu Space
Developer of green propulsion systems and debris collision avoidance technology |
$3.7M | $11.1M as of 2024 |
Series A | Series A Aug 2025 | 50 | 2017 | ↑ Active |
| 3 |
PRYM Aerospace
Provides of unmanned aerial vehicle solutions for various industries |
$2.4M | — | Seed | Seed Oct 2025 | — | 2024 | ↑ Active |
| 4 |
Olee
Manufacturer of laser communication systems and directed energy weapon hardware |
$3.1M | — | Seed | Seed Jul 2025 | — | 2023 | ↑ Active |
| 5 |
VTOL Aviation
Manufacturer of unmanned aerial vehicles, subsystems, and multi-seater air taxis |
$3.1M | — | Seed | Angel Jul 2025 | 2 | 2017 | ↑ Active |
| 6 |
BAAS Technologies
Developer of end-to-end rocket technology, launch services, and solid rocket motors |
$500.7K | — | Seed | Seed Nov 2025 | — | 2024 | ↑ Active |
| 7 |
PDRL
Developer of drone software, GeoAI platform, and solutions for drone services |
$1.2M | $22.4M as of 2024 |
Seed | Angel Jun 2025 | 16 | 2018 | ↑ Active |
| 8 |
ThrustWorks Dynetics
Developer of liquid rocket propulsion systems |
$788.8K | — | Seed | Seed Oct 2025 | — | 2023 | ↑ Active |
| 9 |
Indrones
Provider of drone-based data acquisition and analysis for various industries |
$849.2K | $4.9M as of 2023 |
Seed | Seed Aug 2025 | 67 | 2015 | ↑ Active |
| 10 |
Quidich
Provider of robotic camera systems and special camera services for immersive sports broadcasting experiences |
$2.2M | $14.2M as of 2023 |
Series A | Series A Apr 2025 | 118 | 2013 | ↑ Active |
| 11 |
InspeCity
Developer of technologies for extending satellite lifespan and reducing space debris |
$1.5M | $5.1M as of 2023 |
Seed | Grant (prize money) May 2025 | 24 | 2022 | ↑ Active |
| 12 |
Sagar Defence Engineering
Manufacturer of a quadcopter drone for multiple civilian and military applications |
$3M | $95.6M as of 2022 |
Series B | Series B Dec 2024 | 54 | 2015 | ↑ Active |
| 13 |
Combat Robotics
Provider of defense robotics solutions |
$878.4K | — | Seed | Seed Feb 2025 | 5 | 2015 | ↑ Active |
| 14 |
ideaForge
Developer of unmanned aerial vehicles |
$53.8M | $335.3M as of 2023 |
Public | Series C Jun 2023 | 492 | 2007 | — |
| 15 |
Vyoamyug Aerospace
Developer of aerospace technologies including launch vehicles, engines, satellites, and AI |
$824.9K | — | Funding Raised | Grant (prize money) Dec 2024 | — | 2024 | ↑ Active |
| 16 |
S4E
Manufacturer of electro-optical systems, thermal devices, telescopic sights, and long-range cameras |
$8.6M | $19.8M as of 2024 |
Series A | Series A Feb 2024 | 35 | 2018 | — |
| 17 |
Airbots Aerospace
Developer of autonomous aerial robots for industrial inspection and monitoring |
$58.4K | — | Seed | Seed Apr 2025 | — | 2022 | ↑ Active |
| 18 |
Space and Tech Engineering
Manufacturer of drone components including flight controllers, avionics, and payload |
$34.9K | — | Seed | Seed Apr 2025 | — | 2022 | ↑ Active |
| 19 |
Astrophel Aerospace
Developer of launch vehicles and related technologies for small satellites |
$800K | — | Seed | Seed Jun 2024 | — | 2021 | — |
| 20 |
Aumsat Geospatial Technologies
Provider of AI-enabled, satellite-based analytics for smart agriculture, water and surveillance sectors |
$65K | — | Seed | Seed Dec 2024 | — | 2019 | ↑ Active |
| 21 |
Zeus Numerix
Developer of engineering software and provider of CAE simulation services |
$2.2M | $877.4K as of 2008 |
Seed | Seed Jan 2023 | 75 | 2004 | — |
| 22 |
NxtQube
Provider of autonomous drone docking stations |
$92.2K | — | Seed | Seed Aug 2024 | 11 | 2022 | ↑ Active |
| 23 |
DroneAcharya
Provider of drone-based solutions, training, and services for various industries |
$4.8M | $12.1M as of 2022 |
Public | Seed Feb 2022 | 71 | 2017 | — |
| 24 |
VestaSpace Technology
Provider of space technology solutions enabling compact satellite missions |
$10M | — | Series A | Series A May 2020 | 50 | 2018 | — |
| 25 |
Defy Aerospace
Manufacturer and service provider of unmanned aerial systems for logistics |
$11.5K | — | Seed | Seed Jan 2025 | — | 2020 | ↑ Active |
| 26 |
Portall
Provider of port management platform |
$2.1M | — | Early Stage | Unattributed Jan 2020 | 58 | 1993 | — |
| 27 |
YelloSKYE
Provider of geographic information systems services |
$683.3K | $2.8M as of 2022 |
Seed | Seed Mar 2022 | 55 | 2019 | — |
| 28 |
Droni Tech
Provider of drone-based solutions for surveying, mapping, inspection, and security |
$738.4K | $2.9M as of 2019 |
Seed | Angel Mar 2019 | 20 | 2018 | — |
| 29 |
FlyLab Solutions
Provider of drone platforms connecting farmers, pilots, and agri-businesses |
$36K | — | Seed | Seed Dec 2023 | — | 2022 | — |
| 30 |
Drona Aviation
Company designing and manufacturing consumer nano drones |
$210.9K | $1.4M as of 2020 |
Seed | Seed Sep 2020 | 12 | 2014 | — |
| 31 |
Satellize
Provider of customized nanosatellites,solutions and services for various sectors |
$316.2K | $1.7M as of 2019 |
Seed | Angel Apr 2019 | 5 | 2018 | — |
| 32 |
Volar Alta
Provider of reliable and accurate inspection services for various industries using advanced drone-based technology |
$15K | — | Funding Raised | Grant (prize money) Sep 2023 | 5 | 2020 | — |
| 33 |
NavStik Labs
Develops a drone navigation and control board, a flight computer, and a platform for developing drone apps |
$169.5K | $591.4K as of 2016 |
Deadpooled | Angel Oct 2016 | 60 | 2013 | — |
| 34 |
AgriForetell
Provider of remote sensing and artificial intelligence solutions for agriculture |
$57.7K | — | Seed | Seed May 2020 | — | 2018 | — |
| 35 |
My Vessel Planner
Provider of cloud-based vessel planning and management solutions |
$64.5K | $131.3K as of 2016 |
Deadpooled | Angel Oct 2016 | 28 | 2014 | — |
| 36 |
Ayaan
Manufacturer of unmanned aerial vehicles and related autonomous systems |
— | — | Seed | Seed Mar 2024 | 64 | 2019 | — |
| 37 |
OPX Revilator
Explosion detection devices |
— | — | Series A | Series A Jan 2024 | — | 2020 | — |
| 38 |
Vasbeam
Provider of ASIC, subsystem, and turnkey solutions for antenna systems |
— | — | Seed | Grant (prize money) Jul 2023 | — | 2022 | — |
| 39 |
Ulysses Systems
Ship management software solutions for the maritime industry |
— | — | Funding Raised | Grant (prize money) Sep 2020 | 43 | 1996 | — |
| 40 |
Earth Analytics
Provider of drone services |
— | — | Funding Raised | Grant (prize money) Feb 2019 | 6 | 2018 | — |
| 41 |
Airpix
Provider of drone-based solutions for surveying, inspection, and data processing |
— | — | Seed | Seed 2018 | 7 | 2013 | — |
| 42 |
1 Martian Way
Manufacturer of AI software and platforms for industrial drone and robotics applications |
— | — | Unfunded | — | — | 2015 | — |
| 43 |
Aakashe
Software company that provides drone imagery solutions |
— | — | Unfunded | — | — | 2018 | — |
| 44 |
Aerizone
Provider of end-to-end drone solutions, including data analytics and training |
— | — | Unfunded | — | — | 2016 | — |
| 45 |
Aerobott
Drone solutions provider for businesses |
— | — | Funding Raised | — | — | 2021 | — |
| 46 |
Aerobotz
Manufacturer of unmanned vehicles |
— | — | Unfunded | — | — | 2021 | — |
| 47 |
Aeromegh
Developer of GeoAI platform that transforms drone data into intelligence |
— | — | Unfunded | — | — | 2018 | — |
| 48 |
AeroMegh
Provider of drone software for multiple applications |
— | — | Unfunded | — | 16 | 2018 | — |
| 49 |
Aeronica Advance Technologies
Provider of unmanned aerial vehicle survey, GIS data processing, and maintenance |
— | — | Unfunded | — | — | 2018 | — |
| 50 |
Agnicore
AI-powered defense technology solutions to protect civilian and soldier lives |
— | — | Funding Raised | — | — | 2024 | — |
Manufacturer of mixed reality headset. It designs and develops hardware and software for enterprises and defence to improve productivity, training, reduce cost, time, error and improve efficiency. It alsp uses digital twin and AI technology.
Developer of green propulsion systems and debris collision avoidance technology. It focuses on creating solutions for space safety and logistics. The company develops propulsion systems with new fuel, engines, and catalysts. These systems aim to prevent satellite collisions and reduce debris pollution in space. The goal is to make space safer for satellites and astronauts.
Provides of unmanned aerial vehicle solutions for various industries. It specializes in drone technology that supports both urban and rural planning, addressing specific industry challenges and promoting the adaptation of new technologies among workers.
Manufacturer of laser communication systems and directed energy weapon hardware. These systems facilitate secure data transmission through free-space optical links for various operational environments. The hardware includes directed energy components designed for neutralizing aerial and orbital threats. Additionally, the technology supports wireless power transfer capabilities for remote energy delivery to unmanned p
Manufacturer of unmanned aerial vehicles, subsystems, and multi-seater air taxis. The company focuses on design, development, and manufacturing for defense and civil applications. It offers solutions for aerial mapping, infrastructure inspection, environmental management, and disaster response. The company also provides drones for mining, geological surveys, asset monitoring, and facility monitoring.
Developer of end-to-end rocket technology, launch services, and solid rocket motors. It satellite deployments, rideshares, and space access for research, climate monitoring, and communications. The company provides orbital, suborbital, and rideshare launch opportunities. It also develops reusable rocket technology. The organization collaborates with technology incubators and innovation-focused societies.
Developer of drone software, GeoAI platform, and solutions for drone services. The company provides drone ground control station software tailored for agriculture, infrastructure, enterprise, and defense. It offers a platform connecting farmers with drone service providers, streamlining operations and service bookings. The company transforms drone-captured data into actionable intelligence using cloud computing, AI,
Developer of liquid rocket propulsion systems. It designs liquid rocket propulsion systems and subsystems for commercialization. Its focus is on a reusable 3D-printed rocket engine. It supplies propulsion systems to organizations developing rockets and launch vehicles.
Provider of drone-based data acquisition and analysis for various industries. The company delivers digitized reports and data for informed decision-making across multiple sectors. It offers topographic surveys, high-resolution orthophoto maps, and digital elevation models. The company reconstructs digital assets and structures using drone data, creating high-density point clouds. It provides volumetric estimation and
Provider of robotic camera systems and special camera services for immersive sports broadcasting experiences. It provides innovative camera systems and technology, incorporating robotic cameras, drone cameras, and player tracking solutions for enhanced live sports broadcasts. The company leverages cutting-edge innovations to capture new angles and dimensions in sports broadcasting. It specializes in AI-powered sports
Developer of technologies for extending satellite lifespan and reducing space debris. The company focuses on robotics, propulsion, and rendezvous, proximity operations, and docking (RPOD) technologies. These technologies support satellite life extension and refueling services. The company aims to build a sustainable foundation in orbit, supporting satellites and optimizing their functionality.
Manufacturer of a quadcopter drone for multiple civilian and military applications. The company provides unmanned systems capable of collecting and communicating ocean data in real-time. The vehicles offer solutions for remote sensing, construction support, and acoustic systems deployment. The unmanned autonomous ocean robots connect subsea data and communicate it to satellites.
SINE
IDBI Capital Markets & Securities Ltd
Maharashtra Defence and Aerospace Venture Fund
iDEX
DST
Forge
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LetsVenture
BizdateUp
IIMA Ventures
Maharashtra State Innovation Society
AIC-Pinnacle
AF
Ayodhya Finlease
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-20.
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