Radar · Aerospace, Maritime and Defense Tech in Maharashtra
Best Aerospace, Maritime and Defense Tech Companies in Maharashtra, India
The 125 best Aerospace, Maritime and Defense Tech companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ideaForge.
By Riya SenguptaFinancials
125companies tracked
$121.7Mdisclosed funding
0unicorns
41have raised
FLIAR INTELLIGENCE · AEROSPACE, MARITIME AND DEFENSE TECH × MAHARASHTRA
Our analysis of 50 Aerospace, Maritime and Defense Tech companies
$31.9b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
50companies analysed
90%cloud-native stacks
2021funding peak (by rounds)
20unicorns
2017median founding year
467kcombined LinkedIn audience
44%of audience held by top 3
10companies hiring publicly (12 mo)
Ranked: Best Aerospace, Maritime and Defense Tech companies in Maharashtra
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | ideaForge Developer of unmanned aerial vehicles 72Tech top 27%Talent top 28%Funding top 29%Market top 30% All 12 signals ▾Techtop 27% Talenttop 28% Fundingtop 29% Markettop 30% Moattop 34% Innovationtop 37% Partnerstop 37% Newstop 38% Producttop 39% Fin. healthtop 44% Growthbottom 45% Globalbottom 44% Tech: 51 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 72/100 | $22M FY2025 | $54M | 36 mo ago | 492 492 → 717 (+46%) · sector median +48% | Ashish Bhat Co-founder and VP R&D | WordPressMySQLPHP+31 | 1 launch · 3 partnerships · 1 award |
| 2 | Sagar Defence Engineering Manufacturer of a quadcopter drone for multiple civilian and military applications 78Fin. health top 19%Growth top 21%Innovation top 27%Patents top 28% All 12 signals ▾Fin. healthtop 19% Growthtop 21% Innovationtop 27% Patentstop 28% Moattop 28% Talenttop 28% Producttop 30% Markettop 43% Fundingbottom 48% Techbottom 42% Globalbottom 40% Newsbottom 17% Fin. health: Revenue ~$12.7M (FY2021) · Net margin 32.1% Growth: Headcount 19 → 54 (+184%) across vintages · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 78/100 | $13M FY2025 | $3M | 17 mo ago | 54 | Lakshay Dang Co-Founder | Cart FunctionalityWooCommerceWordPress+22 | 2 partnerships · 1 award |
| 3 | S4E Manufacturer of electro-optical systems, thermal devices, telescopic sights, and long-range cameras 53Fin. health top 24%Talent top 28%Growth top 39%Moat top 39% All 9 signals ▾Fin. healthtop 24% Talenttop 28% Growthtop 39% Moattop 39% Productbottom 48% Marketbottom 47% Fundingbottom 46% Globalbottom 37% Techbottom 29% Fin. health: Revenue ~$7.4M (FY2024) · Net margin 21.1% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $7M FY2025 | $9M | 28 mo ago | 35 | Rajendra Chodankar Co-Founder | BootstrapApache HTTP ServerCloudflare+10 | — |
| 4 | Quidich Provider of robotic camera systems and special camera services for immersive sports broadcasting experiences 69Moat top 28%Growth top 31%Fin. health top 32%Talent top 38% All 9 signals ▾Moattop 28% Growthtop 31% Fin. healthtop 32% Talenttop 38% Markettop 44% AItop 45% Techtop 48% Fundingbottom 42% Globalbottom 37% Moat: Top 5% by revenue among 230 tracked Sports Tech companies · Editorial + unicorn rating 4/10 Growth: Headcount 73 → 118 (+62%) across vintages · Web rank 5,000,000 → 10,000,000 YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $7M FY2025 | $2M | 14 mo ago | 118 118 → 117 (-1%) · sector median +48% | Gaurav Mehta Co-Founder | WebflowBootstrapjQuery-pjax+22 | — |
| 5 | PRYM Aerospace Provides of unmanned aerial vehicle solutions for various industries 76Growth top 18%Moat top 20%Fin. health top 29%Tech top 40% All 8 signals ▾Growthtop 18% Moattop 20% Fin. healthtop 29% Techtop 40% Markettop 45% Talenttop 45% Fundingbottom 43% Globalbottom 29% Growth: Revenue +146% YoY · Fresh capital in last 24 mo Moat: Top 4% by revenue among 252 tracked Drones companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $7M FY2025 | $2M | 8 mo ago | — | Prakhar Mandhani Co-founder | WordPressMySQLPHP+14 | 1 job opening · 1 internship |
| 6 | DroneAcharya Provider of drone-based solutions, training, and services for various industries | $4M FY2025 | $5M | 52 mo ago | 71 71 → 78 (+10%) · sector median +48% | Prateek Srivastava Founder | Master SliderSlider RevolutionWordPress+20 | 6 job openings |
| 7 | Ayaan Manufacturer of unmanned aerial vehicles and related autonomous systems | $3M FY2025 | — | 27 mo ago | 64 | Atul Chaudhari Founder & CEO | PleskWindows ServerGoogle Maps+15 | — |
| 8 | Indrones Provider of drone-based data acquisition and analysis for various industries 50Talent top 28%Moat top 30%Growth top 40%Fin. health top 43% All 9 signals ▾Talenttop 28% Moattop 30% Growthtop 40% Fin. healthtop 43% Techbottom 49% Fundingbottom 47% Marketbottom 45% Globalbottom 32% Newsbottom 22% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Moat: Top 8% by revenue among 252 tracked Drones companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $3M FY2025 | $849K | 10 mo ago | 67 67 → 95 (+42%) · sector median +48% | Harshad Bhanushali Co-founder & COO | BootstrapGoogle CloudCloudflare+17 | — |
| 9 | Portall Provider of port management platform | $2M FY2025 | $2M | 77 mo ago | 58 | Abhijit Desai CEO | PHPGoogle Sign-inCodeIgniter+9 | — |
| 10 | AjnaLens Manufacturer of mixed reality headset 57Moat top 13%Innovation top 28%Talent top 28%Tech top 34% All 11 signals ▾Moattop 13% Innovationtop 28% Talenttop 28% Techtop 34% Fundingtop 43% Markettop 44% Producttop 48% Growthtop 49% Globalbottom 37% Fin. healthbottom 26% Newsbottom 22% Moat: Top 2% by revenue among 56 tracked Augmented Reality companies · Editorial + unicorn rating 7/10 Innovation: 3 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 57/100 | $2M FY2025 | $13M | 11 mo ago | 79 79 → 147 (+86%) · sector median +48% | Abhijit Patil Co-Founder & COO | TurbopackNode.jsZoho+14 | 3 job openings · 1 internship |
| 11 | Zeus Numerix Developer of engineering software and provider of CAE simulation services | $1M FY2025 | $2M | 41 mo ago | 75 | Prasanna Shevare Co-Founder & CPO | Site Search 360UNIXOpenSSL+12 | — |
| 12 | PDRL Developer of drone software, GeoAI platform, and solutions for drone services 40Moat top 29%Growth top 35%Fin. health top 43%Talent bottom 49% All 11 signals ▾Moattop 29% Growthtop 35% Fin. healthtop 43% Talentbottom 49% Techbottom 47% Innovationbottom 46% Fundingbottom 43% Productbottom 39% Marketbottom 37% Globalbottom 32% Newsbottom 21% Moat: Top 19% by revenue among 252 tracked Drones companies · Editorial + unicorn rating 5/10 Growth: Revenue +49% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $891K FY2025 | $1M | 11 mo ago | 16 | Anil Chandaliya Founder & CEO | WordPressMySQLPHP+28 | 3 launchs |
| 13 | Aeromegh Developer of GeoAI platform that transforms drone data into intelligence | $891K FY2025 | — | — | — | Anil Chandaliya Founder & CEO | WordPressMySQLPHP+23 | — |
| 14 | AeroMegh Provider of drone software for multiple applications | $891K FY2025 | — | — | 16 | Anil Chandaliya Co-Founder & CEO | WordPressMySQLPHP+25 | — |
| 15 | YelloSKYE Provider of geographic information systems services | $874K FY2025 | $683K | 51 mo ago | 55 55 → 57 (+4%) · sector median +48% | Kush Agarwal Co-Founder & CEO | WordPressZohoMySQL+38 | — |
| 16 | NavStik Labs Develops a drone navigation and control board, a flight computer, and a platform for developing drone apps | $567K FY2021 | $170K | 116 mo ago | 60 | Nitin Gupta Founder & CEO | — | — |
| 17 | My Vessel Planner Provider of cloud-based vessel planning and management solutions | $560K FY2025 | $64K | 116 mo ago | 28 | — | — | — |
| 18 | Ulysses Systems Ship management software solutions for the maritime industry | $494K FY2025 | — | 69 mo ago | 43 43 → 74 (+72%) · sector median +48% | — | WordPressMySQLRedis+31 | — |
| 19 | Aerobott Drone solutions provider for businesses | $326K FY2025 | — | — | — | Deepak Vaidh Co-Founder & Director | UbuntuGoogle MapsMUI+9 | — |
| 20 | Droni Tech Provider of drone-based solutions for surveying, mapping, inspection, and security | $290K FY2025 | $738K | 86 mo ago | 20 20 → 30 (+50%) · sector median +48% | Onkar Bhosle Co-Founder | WordPressZohoMySQL+39 | — |
| 21 | Drona Aviation Company designing and manufacturing consumer nano drones | $241K FY2025 | $211K | 69 mo ago | 12 | Gaurav Vinayak Tendolkar Co-Founder | Cart FunctionalityWooCommerceWordPress+34 | 2 partnerships |
| 22 | Manastu Space Developer of green propulsion systems and debris collision avoidance technology | $235K FY2025 | $4M | 10 mo ago | 50 50 → 104 (+108%) · sector median +48% | Ashtesh Kumar Co-Founder | WebflowGSAPLenis+17 | 1 launch |
| 23 | Combat Robotics Provider of defense robotics solutions 22Growth top 38%Funding top 49%Talent bottom 45%Moat bottom 41% All 8 signals ▾Growthtop 38% Fundingtop 49% Talentbottom 45% Moatbottom 41% Fin. healthbottom 38% Globalbottom 36% Techbottom 29% Marketbottom 20% Growth: Revenue +13% YoY · Fresh capital in last 24 mo Funding: Raised $878k across 5 rounds · 5 rounds over 7 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 22/100 | $195K FY2025 | $878K | 16 mo ago | 5 | Ganesh Suryawanshi Founder & CEO | Three.jsGoogle Font APIjsDelivr+4 | — |
| 24 | Aeronica Advance Technologies Provider of unmanned aerial vehicle survey, GIS data processing, and maintenance | $131K FY2025 | — | — | — | Milind Modak Co-Founder | UbuntuBootstrapApache HTTP Server+8 | 1 job opening · 1 internship |
| 25 | VTOL Aviation Manufacturer of unmanned aerial vehicles, subsystems, and multi-seater air taxis 40Growth top 30%Moat top 36%Funding top 43%Fin. health top 50% All 8 signals ▾Growthtop 30% Moattop 36% Fundingtop 43% Fin. healthtop 50% Talentbottom 49% Techbottom 39% Marketbottom 33% Globalbottom 30% Growth: Revenue +123% YoY · Fresh capital in last 24 mo Moat: Top 29% by revenue among 17 tracked Aerospace Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 40/100 | $120K FY2025 | $3M | 11 mo ago | 2 | Kalyan Chowdhury Founder & MD | Google MapsBootstrapLiteSpeed+13 | 9 launchs |
| 26 | Aerizone Provider of end-to-end drone solutions, including data analytics and training | $73K FY2025 | — | — | — | Akhilesh Tripathi Co-Founder & CEO | WordPressMySQLPHP+20 | — |
| 27 | AgriForetell Provider of remote sensing and artificial intelligence solutions for agriculture | $72K FY2025 | $58K | 72 mo ago | — | Piyush Kumar Co-Founder & CTO | FirebaseUbuntuMaterialize CSS+10 | — |
| 28 | InspeCity Developer of technologies for extending satellite lifespan and reducing space debris | $70K FY2025 | $1M | 13 mo ago | 24 24 → 50 (+108%) · sector median +48% | Arindrajit Chowdhury Co-Founder & CEO | Framer SitesReactstyled-components+8 | 1 partnership |
Top 12 Aerospace, Maritime and Defense Tech companies in Maharashtra
#1
Seed · Mumbai, Maharashtra · founded 2014 · 79 employees$12.6Mraised▾
Seed · Mumbai, Maharashtra · founded 2014 · 79 employees
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.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Moat
top 13%Innovation
top 28%Talent
top 28%Tech
top 34%Funding
top 43%Market
top 44%Moat: Top 2% by revenue among 56 tracked Augmented Reality companies · Editorial + unicorn rating 7/10
Innovation: 3 product lines · Deep-tech classification: Tech Hardware
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 51k LinkedIn followers — 11.0% of this cohort's audience
Hiring (LinkedIn): 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Clinical Specialist, Logistics & Supply Chain Executive
Funding rounds
- Jul 2025Seed$2.5M
- Dec 2023Seed$547.3K
- Oct 2023Seed$1.9M
- Jan 2023Seed$1.1M
Founders & team
Investors
LetsVenture, School Of Design And Enterpreneurship, JITO Angel Network, Tricity Technologies, IDBI Capital Markets & Securities Ltd, SCIN
Tech stack
CloudflareExpressFacebook PixelGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#2
Series A · Mumbai, Maharashtra · founded 2017 · 50 employees$3.7Mraised▾
Series A · Mumbai, Maharashtra · founded 2017 · 50 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 55k LinkedIn followers — 11.7% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
- Aug 2025Series A$3M
- Jan 2025Angel—
- Jun 2024Seed$131.8K
- Aug 2023Seed$3M
Founders & team
Investors
Shell E4, Shell, Capital 2B, BIG Capital, E2MC, Wealthyvia
Tech stack
CdnjsCloudflareCloudflare Browser InsightsGodaddyGoogle CloudGoogle Cloud Cdn
#3
Seed · Mumbai, Maharashtra · founded 2024$2.4Mraised▾
Seed · Mumbai, Maharashtra · founded 2024
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.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Growth
top 18%Moat
top 20%Fin. health
top 29%Tech
top 40%Market
top 45%Talent
top 45%Growth: Revenue +146% YoY · Fresh capital in last 24 mo
Moat: Top 4% by revenue among 252 tracked Drones companies · Editorial + unicorn rating 4/10
Fin. health: Revenue ~$6.9M (FY2024) · Net margin 3.2% · Revenue +146% YoY
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Finance Manager – Factory Operations
Funding rounds
- Oct 2025Seed$2.4M
Founders & team
Investors
Lloyds steel, Shilpa Medicare, Sangam, Thriveni
Tech stack
Amazon Web ServicesGoogle WorkspaceHstsImagekitNext.JsNext.Js App Router
#4
Seed · Pune, Maharashtra · founded 2023$3.1Mraised▾
Seed · Pune, Maharashtra · founded 2023
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 platforms. These optical systems provide alternatives to traditional radio frequency communications by utilizing light-based transmission methods for tactical and strategic applications.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: FPGA/Embedded Engineer, Control Systems Engineer
Activity: 1 product launches announced in 12 mo
Funding rounds
- Jul 2025Seed$3M
- Jun 2024Seed$35.9K
- Aug 2023Seed$72.2K
Founders & team
Investors
MIT WPU TBI, Rockstud Capital, IIMA Ventures, SIDBI, Bitexco, Warmup Ventures
Tech stack
Apache Http ServerGodaddyGoogle Font ApiGoogle WorkspaceOpen Graph
#5
Seed · Mumbai, Maharashtra · founded 2017 · 2 employees$3.1Mraised▾
Seed · Mumbai, Maharashtra · founded 2017 · 2 employees
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.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 30%Moat
top 36%Funding
top 43%Fin. health
top 50%Talent
bottom 49%Tech
bottom 39%Growth: Revenue +123% YoY · Fresh capital in last 24 mo
Moat: Top 29% by revenue among 17 tracked Aerospace Tech companies · Editorial + unicorn rating 4/10
Funding: Raised $3.1M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Angel (Jul 2025)
Audience (LinkedIn): 13k LinkedIn followers — 2.8% of this cohort's audience
Activity (LinkedIn): 9 product launches announced in 12 mo
Funding rounds
- Jul 2025Angel$3.1M
Founders & team
Investors
Trancemarine and Confreight Logistics
Tech stack
BootstrapFont AwesomeGoogle AnalyticsGoogle Font ApiGoogle MapsGoogle Tag Manager
#6
Seed · Nashik, Maharashtra · founded 2024$500.7Kraised▾
Seed · Nashik, Maharashtra · founded 2024
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
- Nov 2025Seed$487K
- Feb 2025Grant (prize money)—
- Grant (prize money)$13.7K
Founders & team
Investors
Nidhi-Prayas, Startup India, Inflection Point Ventures, SINE
Tech stack
CdnjsCloudflareFirebaseFont AwesomeGodaddyGoogle Analytics
#7
Seed · Nashik, Maharashtra · founded 2018 · 16 employees$1.2Mraised▾
Seed · Nashik, Maharashtra · founded 2018 · 16 employees
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, and GIS analytics.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Moat
top 29%Growth
top 35%Fin. health
top 43%Talent
bottom 49%Tech
bottom 47%Innovation
bottom 46%Moat: Top 19% by revenue among 252 tracked Drones companies · Editorial + unicorn rating 5/10
Growth: Revenue +49% YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$891k (FY2024) · Net margin 3.9% · Revenue +49% YoY
Audience (LinkedIn): 15k LinkedIn followers — 3.2% of this cohort's audience
Activity (LinkedIn): 3 product launches announced in 12 mo
Funding rounds
- Jun 2025Angel$31.8K
- Sep 2024Seed$739.2K
- Jul 2024Angel$262.3K
- May 2023Seed$422.5K
Founders & team
Investors
BizdateUp, abhinandan knits, Subham Capital, D.M. Metalloys, Navyug Global, Kapoor Infra Home
Tech stack
Apache Http ServerAstraBootstrapCdnjsCloudflareCore-Js
#8
Seed · Pune, Maharashtra · founded 2023$788.8Kraised▾
Seed · Pune, Maharashtra · founded 2023
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public)
Activity: 1 partnerships (incl. Thrustworks Dynetics/ HVB 88 Angels LLC/ Jamwant Ventures) announced in 12 mo
Funding rounds
- Oct 2025Seed$788.8K
- 2023Seed—
Founders & team
Investors
SINE, IIT Bombay, Piper Serica, Jamwant Ventures
#9
Seed · Navi Mumbai, Maharashtra · founded 2015 · 67 employees$849.2Kraised▾
Seed · Navi Mumbai, Maharashtra · founded 2015 · 67 employees
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 dimensional surveys, along with real-time scientific analysis using multispectral imagery.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Talent
top 28%Moat
top 30%Growth
top 40%Fin. health
top 43%Tech
bottom 49%Funding
bottom 47%Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Moat: Top 8% by revenue among 252 tracked Drones companies · Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked
Growth: Headcount 82 → 67 (-18%) across vintages · Revenue +66% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 14k LinkedIn followers — 2.9% of this cohort's audience
Funding rounds
- Aug 2025Seed$262.1K
- Dec 2024Seed$493K
- Feb 2023Seed$849.2K
Founders & team
Investors
MapmyIndia, Soonicorn Ventures, Lac Wealth Advisors, pivotedge advisors, Orbis, SINE
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerBootstrapCloudflare
#10
Series A · Mumbai, Maharashtra · founded 2013 · 118 employees$2.2Mraised▾
Series A · Mumbai, Maharashtra · founded 2013 · 118 employees
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 broadcasting, augmented reality, player tracking, drone cinematography, and advanced camera systems for live sports productions.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Moat
top 28%Growth
top 31%Fin. health
top 32%Talent
top 38%Market
top 44%AI
top 45%Moat: Top 5% by revenue among 230 tracked Sports Tech companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Growth: Headcount 73 → 118 (+62%) across vintages · Web rank 5,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$7.1M (FY2023) · Net margin 13.1%
Audience (LinkedIn): 49k LinkedIn followers — 10.5% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. UAE Pro League) announced in 12 mo
Funding rounds
- Apr 2025Series A$422.4K
- Oct 2023Series A$2.2M
Founders & team
Investors
Centre Court Capital., Visceral Capital, Sprack Ventures, BlueFort Financial, LetsVenture
Tech stack
BootstrapCdnjsCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Font Api
#11
Seed · Thane, Maharashtra · founded 2022 · 24 employees$1.5Mraised▾
Seed · Thane, Maharashtra · founded 2022 · 24 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Junior robotics engineer
Activity: 1 partnerships (incl. SPiN - Space Products and Innovation GmbH (SPiN)) announced in 12 mo
Funding rounds
- May 2025Grant (prize money)$3M
- Mar 2025Seed$5.7M
- Jul 2023Grant (prize money)—
- Jun 2023Grant (prize money)—
Founders & team
Investors
Antler, Anicut Capital, DeVC, PointOne Capital, Speciale Invest, Shastra
Tech stack
Framer SitesGoogle AnalyticsGoogle CloudGoogle Cloud CdnGoogle Font ApiGoogle Workspace
#12
Series B · Pune, Maharashtra · founded 2015 · 54 employees$3Mraised▾
Series B · Pune, Maharashtra · founded 2015 · 54 employees
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.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Fin. health
top 19%Growth
top 21%Innovation
top 27%Patents
top 28%Moat
top 28%Talent
top 28%Fin. health: Revenue ~$12.7M (FY2021) · Net margin 32.1%
Growth: Headcount 19 → 54 (+184%) across vintages · Fresh capital in last 24 mo
Innovation: 26 patents (top 45% of patent-holders) · 24 filings since 2022 vs 2 in 2017-21 · 7 product lines
Audience (LinkedIn): 20k LinkedIn followers — 4.4% of this cohort's audience
Activity (LinkedIn): 2 partnerships · 1 awards (incl. India (India)) announced in 12 mo
Funding rounds
- Dec 2024Series B$25.4M
- Jan 2023Series A$4M
- Aug 2021Seed$53.3K
- Sep 2019Seed$627K
Founders & team
Investors
ONGC, IDBI Capital Markets & Securities Ltd, Maharashtra State Innovation Society, DST, IIMA Ventures, Focus Marine
Tech stack
Apache Http ServerBootstrapCart FunctionalityCloudflareContact Form 7Core-Js
Funding & investor landscape
$121.7Mtotal disclosed funding
35companies funded
103disclosed rounds
0rounds last 90 days
Most active investors
Maharashtra Defence and Aerospace Venture Fund5 rounds
Notable founders
Abhijit Patil
Co-Founder & COO · AjnaLens
Pankaj Raut
Co-Founder & CEO · AjnaLens
Ashtesh Kumar
Co-Founder · Manastu Space
Tushar Jadhav
Co-Founder & CEO · Manastu Space
Prakhar Mandhani
Co-founder · PRYM Aerospace
Dhanashri Mandhani
Founder & CEO · PRYM Aerospace
Kalarani Kumar
Co-Founder & Director · Olee
Sunder Nookala
Co-Founder & CFO · Olee
Kalyan Chowdhury
Founder & MD · VTOL Aviation
Tanmay Kanmahale
Co-Founder & CEO · BAAS Technologies
Shriniwas Hase
Co-Founder · BAAS Technologies
Anil Chandaliya
Founder & CEO · PDRL
Prism market signals · India · country-scoped Prism corpus, 555,509 docs
Market landscape — 10 sub-themes by coverage
Share of Aerospace, Maritime and Defense Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Launch Vehicles is moving in India
A read on the academic research around Launch Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 215 India-affiliated papers.
research sentiment over time
201420202025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 15% → 37% across 2014–2025.
top research entities
- Vikram Sarabhai Space Centre34
- Indian Space Research Organisation27
- ISRO Propulsion Complex22
- Indian Institute of Technology Madras16
- Indian Institute of Space Science and Technology13
leading researchers
L. Venkatakrishnan · Gopal Jee · Abhishek Sharma · S. Sunil Kumar · Rajiv Kumar · A. K. Asraff · R. Muthukumar · Parthasarathi Ghosh
▲
Breakthroughs17 · 8%
▲ 5%→8% share
▲1.6× share momentum0 median citations53% since 2021mostly methods-led
Aerospace engineering breakthroughs are rising sharply — papers tripled from 2 to 7, lifting breakthrough field-share from 5% to 8%.
rising sub-themes (early→recent)
- Aerospace engineering2→7
- Rocket (weapon)2→4
Landmark HEAT TRANSFER DETERIORATION EFFECTS OF CRYOGENIC METHANE IN ROCKET ENGINE COOLING CHANNELS · 5 cites
◆
Advancements110 · 51%
▲ 42%→59% share
▲1.4× share momentum1 median citations59% since 2021mostly methods-led
Propellant advancement research surged from 1 to 13 papers, with Liquid-propellant rocket newly emerging at 14, signalling intensifying propulsion focus.
rising sub-themes (early→recent)
- Aerospace engineering8→27
- Propellant1→13
- Rocket engine10→19
- Injector4→11
- Rocket (weapon)9→16
Newly emergingLiquid-propellant rocket 0→14 · Propulsion 0→7
Landmark Studies on EVA‐Based Wax Fuel for Launch Vehicle Applications · 44 cites
▼
Concerns23 · 11%
▼ 19%→9% share
▼0.5× share momentum1 median citations43% since 2021mostly empirical
Concern-segment field-share halved from 19% to 9%, yet Rocket weapon concern papers newly emerged at 8, flagging a concentrated new risk area.
rising sub-themes (early→recent)
- Rocket (weapon)9
- Aerospace engineering6
- Rocket engine6
- Propellant4
- Coolant3
Newly emergingRocket (weapon) 0→8
Landmark Sensitivity and Nonlinearity of Thermoacoustic Oscillations · 312 cites
RESEARCH HOTSPOTS · India
Where launch vehicles is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Chennai24 · +0.31
Bengaluru8 · +0.34
Delhi-NCR7 · +0.27
Hyderabad6 · +0.15
Kharagpur5 · +0.30
PATENT SIGNAL · India
Who's filing launch vehicles patents in India
India launch vehicles patent filing is accelerating — 35 filings from 12 assignees (2020–2025), led by Agnikul Cosmos, Indian Space RES Organisation, Undire Atharva; annual filings 1→11.
35 filings12 assigneespeak 11/yr2020–2025
filing momentum (YoY 2020–2025)
top patent filers
- Agnikul Cosmos22
- Indian Space RES Organisation7
- Undire Atharva3
- Manjunatha K3
- Manjunatha Manjula2
- K Sivan1
- R Hutton1
- Deepan NEGI1
Common questions
How many Aerospace, Maritime and Defense Tech companies are there in Maharashtra, India?
Radar tracks 125 indexable Aerospace, Maritime and Defense Tech companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Aerospace, Maritime and Defense Tech companies in Maharashtra, India?
The Aerospace, Maritime and Defense Tech companies in Maharashtra, India on this list have raised a combined $121.7M in disclosed equity funding across 35 funded companies.
Which is the highest-funded Aerospace, Maritime and Defense Tech company in Maharashtra, India?
ideaForge is the highest-funded Aerospace, Maritime and Defense Tech company in Maharashtra, India, with $53.8M in disclosed equity funding.
How many Aerospace, Maritime and Defense Tech companies in Maharashtra, India are funded?
35 of the 125 Aerospace, Maritime and Defense Tech companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Aerospace, Maritime and Defense Tech unicorns are there in Maharashtra, India?
None of the Aerospace, Maritime and Defense Tech companies in Maharashtra, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maharashtra, India Aerospace, Maritime and Defense Tech companies?
The most active investors in Maharashtra, India Aerospace, Maritime and Defense Tech companies on this list include SINE, IDBI Capital Markets & Securities Ltd, Maharashtra Defence and Aerospace Venture Fund, iDEX, DST.
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.