Best Aerospace, Maritime and Defense Tech Companies in Mumbai, India
The 60 best Aerospace, Maritime and Defense Tech companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: AjnaLens.
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.
Ranked: Best Aerospace, Maritime and Defense Tech companies in Mumbai
| # | Company | Revenue | Disclosed funding | Employees | Tech stack | Founder | Recent signals |
|---|---|---|---|---|---|---|---|
| 1 | Nelco Provider of IT services suite solutions | $39M FY2024 | — | 178 | PythonZohoDjango+7 | — | — |
| 2 | Econship Provider of cloud-based container management solutions | $29M FY2025 | — | — | TypeScriptWindows ServerLeaflet+12 | Kavita Jadhav Co-CEO | — |
| 3 | Elcome Provider of maritime defense technology and integrated systems | $18M FY2025 | — | — | WordPressMySQLPHP+31 | Kuldip Grewal Founder | — |
| 4 | Master Marine Digitech3 Provider of document management solutions for maritime industry | $17M FY2023 | — | 375 | Animate.cssBootstrapApache HTTP Server+6 | Zeenia Master founder | — |
| 5 | 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 | 118 118 → 117 (-1%) | WebflowBootstrapjQuery-pjax+22 | Gaurav Mehta Co-Founder | — |
| 6 | 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 | — | WordPressMySQLPHP+14 | Prakhar Mandhani Co-founder | 1 job opening · 1 internship |
| 7 | Exicom Developer of wireless engineering solutions for aerospace, defense, and security sectors | $4M FY2025 | — | 109 | PHPCloudflarecdnjs+9 | Sandeep Agarwal Founder | 2 launchs |
| 8 | Portall Provider of port management platform | $2M FY2025 | $2M | 58 | PHPGoogle Sign-inCodeIgniter+9 | Abhijit Desai CEO | — |
| 9 | 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 | 79 79 → 147 (+86%) | TurbopackNode.jsZoho+14 | Abhijit Patil Co-Founder & COO | 3 job openings · 1 internship |
| 10 | Zeus Numerix Developer of engineering software and provider of CAE simulation services | $1M FY2025 | $2M | 75 | Site Search 360UNIXOpenSSL+12 | Prasanna Shevare Co-Founder & CPO | — |
| 11 | SBN Technologics ERP suite solution for the shipping industry | $1M FY2025 | — | 103 | Cart FunctionalityWordPressMySQL+27 | Sasidharan Nair Managing Director | — |
| 12 | YelloSKYE Provider of geographic information systems services | $874K FY2025 | $683K | 55 55 → 57 (+4%) | WordPressZohoMySQL+38 | Kush Agarwal Co-Founder & CEO | — |
| 13 | My Vessel Planner Provider of cloud-based vessel planning and management solutions | $560K FY2025 | $64K | 28 | — | — | — |
| 14 | Ulysses Systems Ship management software solutions for the maritime industry | $494K FY2025 | — | 43 43 → 74 (+72%) | WordPressMySQLRedis+31 | — | — |
| 15 | Aerobott Drone solutions provider for businesses | $326K FY2025 | — | — | UbuntuGoogle MapsMUI+9 | Deepak Vaidh Co-Founder & Director | — |
| 16 | Droni Tech Provider of drone-based solutions for surveying, mapping, inspection, and security | $290K FY2025 | $738K | 20 20 → 30 (+50%) | WordPressZohoMySQL+39 | Onkar Bhosle Co-Founder | — |
| 17 | DroniTech Develops drones for product delivery and enterprise applications | $290K FY2025 | — | 18 | — | Anisha Bhosle Co-Founder | — |
| 18 | Drona Aviation Company designing and manufacturing consumer nano drones | $241K FY2025 | $211K | 12 | Cart FunctionalityWooCommerceWordPress+34 | Gaurav Vinayak Tendolkar Co-Founder | 2 partnerships |
| 19 | Manastu Space Developer of green propulsion systems and debris collision avoidance technology | $235K FY2025 | $4M | 50 50 → 104 (+108%) | WebflowGSAPLenis+17 | Ashtesh Kumar Co-Founder | 1 launch |
| 20 | 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 | 2 | Google MapsBootstrapLiteSpeed+13 | Kalyan Chowdhury Founder & MD | 9 launchs |
Top 12 Aerospace, Maritime and Defense Tech companies in Mumbai
#1
Seed · Mumbai, Maharashtra · founded 2014 · 79 employees$12.6Mraised▾
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.
- Jul 2025Seed$2.5M
- Dec 2023Seed$547.3K
- Oct 2023Seed$1.9M
- Jan 2023Seed$1.1M
#2
Series A · Mumbai, Maharashtra · founded 2017 · 50 employees$3.7Mraised▾
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.
- Aug 2025Series A$3M
- Jan 2025Angel—
- Jun 2024Seed$131.8K
- Aug 2023Seed$3M
#3
Seed · Mumbai, Maharashtra · founded 2024$2.4Mraised▾
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.
- Oct 2025Seed$2.4M
#4
Seed · Mumbai, Maharashtra · founded 2017 · 2 employees$3.1Mraised▾
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.
- Jul 2025Angel$3.1M
#5
Series A · Mumbai, Maharashtra · founded 2013 · 118 employees$2.2Mraised▾
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.
- Apr 2025Series A$422.4K
- Oct 2023Series A$2.2M
#6
Seed · Mumbai, Maharashtra · founded 2022$58.4Kraised▾
Developer of autonomous aerial robots for industrial inspection and monitoring. The company designs and produces unmanned aerial systems used to capture visual and sensor-based data in operational environments. Its offerings include aerial platforms, onboard control systems, and software enabling autonomous navigation, data acquisition, and analysis. The solutions support inspection, surveying, surveillance, and environmental observation activities across industrial use cases. Systems are intended for repeatable flight operations, remote assessment, and condition monitoring without direct human presence.
- Apr 2025Seed$58.4K
#7
Seed · Mumbai, Maharashtra · founded 2022$34.9Kraised▾
Manufacturer of drone components including flight controllers, avionics, and payload. The company focuses on research and development to advance drone technology. It develops and manufactures drone technology with the goal of providing high-quality components. The company is involved in product development and aims to contribute to the drone industry.
- Apr 2025Seed$34.9K
#8
Seed · Mumbai, Maharashtra · founded 2019$65Kraised▾
Provider of AI-enabled, satellite-based analytics for smart agriculture, water and surveillance sectors. Its solution offered claims to diagnosis and prediction of pest attacks, disease outbreaks, and mineral deficiencies in the agricultural crops. It uses UAVs, Drone, hyperspectral imaging, data analytics, and machine learning technologies. Its technology uses satellite radar imagery to locate, predict, and forecast groundwater with high precision without the need for physical presence on site.
- Dec 2024Seed$65K
#9
Seed · Mumbai, Maharashtra · founded 2004 · 75 employees$2.2Mraised▾
Developer of engineering software and provider of CAE simulation services. The company delivers custom software for parametric analysis, design optimization, and system studies. It offers on-demand CAE services for simulation requirements across multiple disciplines. The company also partners to deliver designs backed by numerical models and analysis. It provides system modeling and optimization services for design approval studies.
- Jan 2023Seed$915.9K
- Dec 2022Angel$30.4K
- Feb 2021Grant (prize money)—
- Jul 2010Conventional Debt$25.8K
#10
Seed · Mumbai, Maharashtra · founded 2020$11.5Kraised▾
Manufacturer and service provider of unmanned aerial systems for logistics. The organization designs and manufactures unmanned aerial systems for cargo transport, aerial monitoring, and operational deployment in commercial environments. It provides drone operational services that support logistics operations including aerial delivery and inspection tasks. The entity also develops and integrates drone technology into workflows that involve agricultural monitoring and resource management. In addition to hardware offerings, it conducts educational programs to train remote operators and pilots on regulatory compliance, safe flight operations, and system handling.
- Jan 2025Seed$11.5K
- May 2023Seed—
#11
Early Stage · Mumbai, Maharashtra · founded 1993 · 58 employees$2.1Mraised▾
Provider of port management platform. The platform provides visibility into port and logistics operations. It offers a Port Community System, which is a digital platform that facilitates interaction among different stakeholders in the supply chain, such as warehouse operators, truckers, third-party logistics providers, and e-commerce logistics companies.
- Jan 2020Unattributed$42.1K
- Jun 2018Unattributed$2.1M
#12
Seed · Mumbai, Maharashtra · founded 2019 · 55 employees$683.3Kraised▾
Drone solutions for aerial intelligence, asset management, and media marketing. We empower businesses with cutting-edge drone technology and aerial intelligence, offering a Drone-as-a-Service (DaaS) platform for informed decision-making and process optimization. Our solutions extend to construction, real estate, industrial, warehousing, BFSI, mining, and more. We provide asset risk management, media, marketing, and entertainment services, leveraging AI-ML-powered analysis for transformative insights. Our platform delivers on-demand access, everlasting data, multi-user access, and secure cloud-based control. We offer drone photography, reality capture, aerial intelligence, and image analytics. We are a technology company that provides software solutions, including asset management software, and geospatial data services. We are registered as an operator on DGCA’s DigitalSky platform with licensed pilots and drones.
- Mar 2022Seed$683.3K
Funding & investor landscape
Notable founders
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
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.
- Vikram Sarabhai Space Centre34
- Indian Space Research Organisation27
- ISRO Propulsion Complex22
- Indian Institute of Technology Madras16
- Indian Institute of Space Science and Technology13
- Aerospace engineering2→7
- Rocket (weapon)2→4
- Aerospace engineering8→27
- Propellant1→13
- Rocket engine10→19
- Injector4→11
- Rocket (weapon)9→16
- Rocket (weapon)9
- Aerospace engineering6
- Rocket engine6
- Propellant4
- Coolant3
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.
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.
- Agnikul Cosmos22
- Indian Space RES Organisation7
- Undire Atharva3
- Manjunatha K3
- Manjunatha Manjula2
- K Sivan1
- R Hutton1
- Deepan NEGI1
Common questions
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.