Company lists
The Delhi edition · 2026

Dronescompanies in Delhi

Manufacturers, agriculture, defence, mapping & surveying, buy drones and more: the companies building drones in Delhi, Delhi, with their founders, funding, team size and business models.

60 company profiles26 with reported revenue11 with recorded fundingOctober 2026 edition
Delhi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent drones business events in India

Funding, M&A, contract wins and launches involving 689 drones companies in India, last 24 months: 31 Contracts · 23 funding rounds · 16 M&A deals · 4 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractDefense

Innomet Advanced Materials · client: Bharat dynamics

Simultaneously, the manufacturing firm expanded its footprint within the sovereign defense supply chain by solidifying a separate purchase agreement worth approximately ₹1.05 crore with…

Defense
ContractSupply

Fotokite · client: Garuda aerospace

In another cross-border mandate, the firm advised on an exclusive reseller agreement between Garuda Aerospace and Fotokite US LLC, under which Garuda was appointed as the authorised…

Drone technology
ContractSupply

Redington · client: Garuda aerospace

AMS Legal also advised on a distribution agreement with Redington Limited for the distribution of Garuda Aerospace products within India.

Drone technology
ContractService

Black legend capital · client: Garuda aerospace

The firm further assisted Garuda Aerospace in entering into a consulting agreement with California-based Black Legend Capital LLC for financial advisory, business development support,…

Financial advisory
ContractTechnology

Na · client: Garuda aerospace

The mandates included the preparation of a Request for Proposal (RFP) for Garuda Aerospace's proposed Drone-as-a-Service (DaaS) Platform, a project valued at approximately ₹1 crore.

Drone technology
FundingSeed

Zerodrag

ZERODRAG, an IIT Delhi-incubated startup, announced it has raised $682K in seed funding.

ContractGovernment

Garuda aerospace · client: Rajasthan Electronics & Instruments

Garuda Aerospace Ltd has secured a work contract from Rajasthan Electronics & Instruments Ltd (REIL), a “Mini Ratna” CPSU under the Government of India.

Drone Training / Aerospace
LaunchSHAKTI

Big bang boom solutions

Chennai-based Deep-tech company Big Bang Boom Solutions (BBBS), specialising in defense aerospace and space, has launched its new R&D hub SHAKTI to support its execution capabilities in…

R&D hub
FundingSeries B

Skye air mobility

Skye Air Mobility closed the first tranche of its series B, raising US$9 million to expand its drone delivery network and technology across the country.

Investors AVNM Ventures, Faad capital, Bajaj capital
Drone Delivery
Funding

Kalam labs

Zomato founder Deepinder Goyal is in advanced discussions to invest about $1 million (around Rs 9 crore) in space technology startup Kalam Labs, according to people familiar with the…

Investors Deepinder Goyal, Globaz Technologies
Space technology
M&AAcquisition · Completed

LAT Aerospace acquires Sharang Shakti

LAT Aerospace has acquired Sharang Shakti, an early-stage defence robotics startup based in Gurgaon. This is our first move toward building indigenous defence capabilities alongside our…

Defence robotics
LaunchAI-driven doorstep delivery system

Skye air

Skye Air, a Gurugram-based drone delivery company, has launched India’s first AI-driven doorstep delivery system, combining drones with autonomous robots.

Delivery system
LaunchWareView

Vecros

Vecros, a Bengaluru-based robotics startup founded in 2018, Founded by Besta Prem Sai, Founder & CEO, marked its first-ever participation at LogiMAT with the launch of WareView, an…

End-to-end autonomous inventory management solution
Funding

Newspace research and technologies

NewSpace Research and Technologies, which develops kamikaze drones, is expected to raise a $50 million round.

Investors Na
M&AAcquisition · Completed

Reliance industries acquires Asteria aerospace

Recently Reliance has acquired 51.78% stake in drone maker Asteria Aerospace for $3.3 million.

Aerospace
M&AAcquisition · Announced

AFI Unimech acquires Dheya Engineering Technologies

AFI Unimech has increased its equity stake in Dheya Engineering Technologies Private Limited to 30 percent from the earlier 17 percent, significantly deepening the strategic partnership…

Micro Gas Turbine (MGT) Design and System Engineering
Funding

Airbound

Airbound is set to raise around $30 million in a fresh round led by Greenoaks with participation from Lightspeed and other existing investors.

Investors Greenoaks, Lightspeed, Other existing investors
Aerospace
ContractDefense

Zen technologies · client: Ministry of defence

In an exchange filing dated December 4, after market hours, Zen Technologies disclosed that it has secured orders aggregating to Rs 120 crore from the MoD. The mandate covers the…

Defense
ContractSupply

Bharat dynamics · client: Indian army

Shares of Bharat Dynamics Ltd (BDL) are in focus on Tuesday after the state-run defence major secured significant fresh orders worth Rs 2,461.62 crore.

Defense
ContractDefense

Zen technologies · client: Mod

Zen Technologies: Company received ₹108 Cr MoD Contract for Tank Simulators

ContractDefense

Ideaforge · client: Defence Ministry

Ideaforge Technology Ltd (Ideaforge Technology Ltd) has got large work orders. The company has met both of these large order defence ministry.

ContractSupply

Drone Destination · client: Indian army

Drone Destination Limited received three supply orders worth Rs. 3.5 crore from the Indian Army

Defense
ContractSupply

Droneacharya aerial innovations limited · client: Indian army

As per the latest regulatory filings, DroneAcharya Aerial Innovations Limited has been awarded a work order worth nearly Rs. 2.6 crores by the Indian Army (Ministry of Defence) for the…

Defence
FundingSeed

Airbound

Airbound, an Indian drone startup, has raised $8.65 million in seed funding led by Physical Intelligence co-founder Lachy Groom, as it begins a drone-delivery pilot with a private…

Investors Physical Intelligence co-founder Lachy Groom, Humba Ventures, Lightspeed venture partners, Tesla
Drone Delivery
ContractSupply

Allen reinforced plastics · client: Bharat dynamics

This follows a previous order from Bharat Dynamics, part of an earlier communication totaling Rs. 15.90 Crores, from which an initial order worth Rs. 6.74 Crores for manufacturing…

Defense and Aerospace
Funding

Endureair systems

EndureAir Systems, a deep-tech UAV (Unmanned Aerial Vehicle) and aerial robotics firm, has raised Rs 25 crore (about $2.85 million) in funding led by IAN Alpha Fund, with participation…

Investors IAN Alpha Fund, IAN Angel Fund
UAV (Unmanned Aerial Vehicle) and aerial robotics
FundingPre-Series A

Indrajaal

Defence tech startup Indrajaal has raised INR 48 Cr (about $xx Mn) in its pre-Series A round co-led by India Accelerator and Finvolve, along with participation from strategic and…

Defence tech
FundingSeries-C

Big bang boom solutions

Late-stage rounds also saw traction, with Big Bang Boom Solutions raising $29.9 million in Series-C

Military Tech
Funding

Garuda aerospace

In the financial year 2022–23, Garuda Aerospace raised nearly Rs. 20 crore from investors, which took the company’s valuation to Rs. 800 crore.

Drones

Drones companies in Delhi, by revenue

Browse drones companies in Delhi by reported revenue, one-year revenue growth, revenue model, age and stage. The 26 companies below are the largest by their most recent reported revenue among 26 drones companies in Delhi, Delhi that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 26

Provider of a research-oriented startup that develops and offers autonomous drone technology solutions, including light shows and swarm technology, for various applications

Drones
₹48.52 crFY 2024-25
+26%2024–2025
239+135% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
3postings · last posted Sep 2026

Provider of drone-as-a-service solutions

Drones
₹25.74 crFY 2024-25
-21%2024–2025
254+42% 12 mo to Sep 2024LinkedIn · Oct 2026
7 yr2019
0none in 3 months

Manufacturer of unmanned aerial vehicles for agriculture, surveying, and surveillance

Drones
₹22.50 crFY 2024-25
+118%2024–2025
13LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Develops drone-based services for enterprises

Drones
₹22.19 crFY 2024-25
+61%2024–2025
201+16% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months

Online retailer of drones

Drones
₹13.22 crFY 2024-25
-8%2024–2025
6LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of drone cameras and drones

Drones
₹11.33 crFY 2024-25
+165%2024–2025
—Not available
4 yr2022
0none in 3 months

Aeroarc is a drone manufacturer offering diverse robotic solutions with cutting edge security solutions

Professional service robots
₹8.04 crFY 2024-25
-96%2024–2025
29+8% 12 mo to Oct 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Technology specializes in developing high performance, reliable, and autonomous unmanned systems for defense

Drones
₹3.51 crFY 2024-25
+67%2024–2025
40LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of certified aviation company specializing in drone survey services

Drones
₹2.71 crFY 2024-25
-29%2024–2025
22LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jul 2025

Provider of rapid damage assessment by a chain of networked drones

Drones
₹2.48 crFY 2022-23
+8%2022–2023
6LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of commercial drones and accessories for multiple applications

Drones
₹2.28 crFY 2021-22
Not reported
38LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Provider of unmanned aerial systems design, development, surveying, and mapping

Geographic information systems
₹1.91 crFY 2024-25
+117%2024–2025
7LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of drone-based aerial data analytics solutions

Drones
₹1.57 crFY 2024-25
-37%2024–2025
10recorded
12 yr2014
0none in 3 months · last posted Jul 2018

Developer of AI-powered autonomous drones for inspection and surveillance purposes

Computer vision
₹1.08 crFY 2024-25
-1%2024–2025
62LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Jun 2026

Provider of drones for data analytics and surveying

Drones
₹75.96 lakhFY 2024-25
+120%2024–2025
14LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jul 2025

Manufacturer of industrial drones and video analytics solutions

Drones
₹59.50 lakhFY 2024-25
-54%2024–2025
48-62% 12 mo to Oct 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of indigenous unmanned aerial vehicles for mining

Drones
₹46.75 lakhFY 2024-25
-32%2024–2025
—Not available
18 yr2008
0none in 3 months

Manufacturer of unmanned aerial systems for defense and civilian applications

Drones
₹39.47 lakhFY 2024-25
+39%2024–2025
8LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Spatial-AI powered drones for Construction, Warehouse, Defense

Drones
₹35.83 lakhFY 2024-25
+46%2024–2025
28LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Provider of a cloud-based operation management platform for robots and drones

Industrial robotics
₹27.73 lakhFY 2024-25
+130%2024–2025
11-27% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of core electronic hardware for unmanned aerial vehicle applications

Drones
₹27.61 lakhFY 2024-25
-34%2024–2025
12LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2026

Provider of cloud-based delivery solutions via drones

Logistics tech
₹9.90 lakhFY 2022-23
-75%2022–2023
—Not available
4 yr2022
0none in 3 months

Manufacturer of unmanned aerial vehicles and integrated robotic systems

Diversified consumer electronics brands
₹8.00 lakhFY 2024-25
+2738%2024–2025
—Not available
8 yr2018
0none in 3 months

Provider of enterprise drone solutions for GIS, inspection and agriculture

Crop tech
₹4.12 lakhFY 2023-24
Not reported
47LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted May 2026

Provider of drone platforms, accessories, and technology stacks for aerial intelligence

Drones
₹0.94 lakhFY 2024-25
-95%2024–2025
1LinkedIn · Jul 2026
4 yr2022
0none in 3 months
26 of 60 companies shown here · the full list is on Radar
Fliar Radar

Explore all 60 drones companies in Delhi on Radar

This page shows the top 26. Radar has the complete, filterable list with contacts and live company signals.

Open drones in Delhi on Radar
  • Every company, not just 50All 60 drones companies in Delhi, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore drones companies in Delhi by what you are looking for

Find top drones companies in Delhi, from drone manufacturers to drone service providers. Browse drones for agriculture, military drones, drone mapping and drone startups in Delhi.

7 ways to explore drones in Delhi

Drone manufacturers & commercial UAV makersAgriculture drones & farm analyticsMilitary & defence dronesDrone mapping, surveying & inspection servicesOnline drone stores & accessoriesDrone startups in Delhi

Drone manufacturers & commercial UAV makers

Companies that design and build drones and unmanned aerial vehicles.

  1. BotLab Dynamics

    Provider of a research-oriented startup that develops and offers autonomous drone technology solutions, including light shows and swarm technology, for various applications

    Drones
    See in list
  2. Drone Destination

    Provider of drone-as-a-service solutions

    Drones
    See in list
  3. Hubblefly Technologies

    Manufacturer of unmanned aerial vehicles for agriculture, surveying, and surveillance

    Drones
    See in list
  4. Matrix-Geo

    Develops drone-based services for enterprises

    Drones
    See in list
  5. Indian Robo Store

    Online retailer of drones

    Drones
    See in list

Agriculture drones & farm analytics

Drones used for crop spraying, monitoring and farm analytics.

  1. Hubblefly Technologies

    Manufacturer of unmanned aerial vehicles for agriculture, surveying, and surveillance

    Drones
    See in list
  2. Windhawk

    Provider of enterprise drone solutions for GIS, inspection and agriculture

    Crop tech
    See in list
  3. Atrobot

    Provider of drone-based geospatial solutions for mining, telecom, and agriculture

    Drones
    Website
  4. Vaayu

    Provider of unmanned aerial systems design, development, surveying, and mapping

    Geographic information systems
    See in list
  5. Enord

    Developer of AI-powered autonomous drones for inspection and surveillance purposes

    Computer vision
    See in list

Military & defence drones

Drones, counter-drone systems and surveillance for defence and security.

  1. Enord

    Developer of AI-powered autonomous drones for inspection and surveillance purposes

    Computer vision
    See in list
  2. Vayudh

    Developer of tactical and commercial UAV systems, including drones and components

    Military tech
    Website
  3. Optiemus Unmanned Systems

    Manufacturer of unmanned aerial vehicles for defense and agricultural applications

    Drones
    Website
  4. Sky Intel Drones

    Developer of AI-powered anti-drone systems for military and civilian applications

    Security & surveillance technology
    Website
  5. Cron AI

    Developer of 3D perception software extracting intelligence from live sensor data

    Drones
    Website

Drone mapping, surveying & inspection services

Drone-based aerial surveying, 3D mapping and industrial inspection.

  1. Atom Aviation

    Provider of certified aviation company specializing in drone survey services

    Drones
    See in list
  2. Vaayu

    Provider of unmanned aerial systems design, development, surveying, and mapping

    Geographic information systems
    See in list
  3. WeDoSky

    Provider of drone-based aerial data analytics solutions

    Drones
    See in list
  4. Enord

    Developer of AI-powered autonomous drones for inspection and surveillance purposes

    Computer vision
    See in list
  5. Drone Anatomy

    Provider of drones for data analytics and surveying

    Drones
    See in list

Online drone stores & accessories

Retailers selling drones, drone parts and accessories online.

  1. Indian Robo Store

    Online retailer of drones

    Drones
    See in list
  2. MakerBazar

    Provider of DIY electronics, robotics, and prototyping components

    Horizontal e-commerce
    Website
  3. The FPV Project

    Online retailer of drone components

    Drones
    Website
  4. Aerosense Technologies

    Manufacturer of unmanned aerial vehicles and integrated robotic systems

    Diversified consumer electronics brands
    See in list
  5. Robotic Vision Store

    Wholesale trader of drone accessories

    Drones
    Website

Drone startups in Delhi

Newer drone companies founded in recent years.

  1. Cyglone India

    Manufacturer of drone cameras and drones

    Drones
    See in list
  2. Airbotix

    Technology specializes in developing high performance, reliable, and autonomous unmanned systems for defense

    Drones
    See in list
  3. Enord

    Developer of AI-powered autonomous drones for inspection and surveillance purposes

    Computer vision
    See in list
  4. Horus Innovations

    Manufacturer of unmanned aerial systems for defense and civilian applications

    Drones
    See in list
  5. DRONECO

    Provider of cloud-based delivery solutions via drones

    Logistics tech
    See in list
21 companies in Delhi

Drones companies hiring in Delhi

Drone companies with open roles right now.

  1. BotLab Dynamics

    Provider of a research-oriented startup that develops and offers autonomous drone technology solutions, including light shows and swarm technology, for various applications

    Drones
    See in list
  2. Atom Aviation

    Provider of certified aviation company specializing in drone survey services

    Drones
    See in list
  3. Indian Robotics Solutions

    Manufacturer of commercial drones and accessories for multiple applications

    Drones
    See in list
  4. WeDoSky

    Provider of drone-based aerial data analytics solutions

    Drones
    See in list
  5. Enord

    Developer of AI-powered autonomous drones for inspection and surveillance purposes

    Computer vision
    See in list
12 companies in Delhi
Mobile reach

Top 4 drones apps from Delhi

The most-installed Android apps published by drones companies headquartered in Delhi — 1.1M installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
4

Vecros-Fly

by VECROS

Installs16
Rating—
Last updatedJul 2025
View on Google Play ↗
Vecros-Fly screenshot 1Vecros-Fly screenshot 2Vecros-Fly screenshot 3Vecros-Fly screenshot 4Vecros-Fly screenshot 5
The business behind the activity

Drones financials in Delhi

Revenue, profit and growth from the filed annual accounts of 25 drones companies in Delhi, Delhi for FY24-25 — 32 of the 60 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 79% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹166.26 cr

25 companies filing accounts

combined net profit₹14.09 cr

8.5% aggregate margin

are profitable56%

14 of 25 companies

median revenue~₹76 lakh

the typical company

median revenue growth+39%

into FY24-25

earned by the top five79%

revenue concentration

Six-year view

Combined revenue of filing companies

₹16.86 crFY19-2010 filers
₹20.94 crFY20-2119 filers
₹35.41 crFY21-2220 filers
₹74.41 crFY22-2319 filers
₹355.52 crFY23-2424 filers
₹166.26 crFY24-2525 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 16 companies over three years

+135%
FY22-23₹68.24 cr₹7.58 cr net
FY23-24₹347.64 cr₹62.50 cr net
FY24-25₹160.51 cr₹15.11 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1331% profitable
₹1–10 cr683% profitable
₹10–100 cr683% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking9
0–20%0
20–50%3
50–100%2
Doubled+7

21 companies with accounts for both years; median growth +39%.

Profitability

Profit is concentrated at the top

14profitable
11loss-making
8.5%aggregate margin
3.4%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Cyglone IndiaCYGLONE INDIA PRIVATE LIMITED+165%₹11.33 cr
Hubblefly TechnologiesHUBBLEFLY TECHNOLOGIES LIMITED+118%₹22.50 cr
Matrix-GeoMATRIX GEO SOLUTIONS LIMITED+61%₹22.19 cr
BotLab DynamicsBOTLAB DYNAMICS PRIVATE LIMITED+26%₹48.52 cr
Indian Robo StoreINDIAN ROBOTICS SOLUTION PRIVATE LIMITED-8%₹13.22 cr
Drone DestinationDRONE DESTINATION LIMITED-21%₹25.74 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
BotLab DynamicsBOTLAB DYNAMICS PRIVATE LIMITED32.6%₹48.52 cr
Matrix-GeoMATRIX GEO SOLUTIONS LIMITED26.2%₹22.19 cr
Hubblefly TechnologiesHUBBLEFLY TECHNOLOGIES LIMITED10.4%₹22.50 cr
Indian Robo StoreINDIAN ROBOTICS SOLUTION PRIVATE LIMITED8.7%₹13.22 cr
Cyglone IndiaCYGLONE INDIA PRIVATE LIMITED0.4%₹11.33 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Drones20₹154.87 cr~₹68 lakh55%8.9%
Leaders

Largest drones companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
BotLab DynamicsBOTLAB DYNAMICS PRIVATE LIMITED₹48.52 cr₹15.83 cr32.6%+26%
Drone DestinationDRONE DESTINATION LIMITED₹25.74 cr−₹6.81 cr-26.5%-21%
Hubblefly TechnologiesHUBBLEFLY TECHNOLOGIES LIMITED₹22.50 cr₹2.34 cr10.4%+118%
Matrix-GeoMATRIX GEO SOLUTIONS LIMITED₹22.19 cr₹5.81 cr26.2%+61%
Indian Robo StoreINDIAN ROBOTICS SOLUTION PRIVATE LIMITED₹13.22 cr₹1.15 cr8.7%-8%
Cyglone IndiaCYGLONE INDIA PRIVATE LIMITED₹11.33 cr₹4.51 lakh0.4%+165%
AeroarcAEROARC PRIVATE LIMITED₹8.04 cr₹55.50 lakh6.9%-96%
AirbotixAIRBOTIX TECHNOLOGY PRIVATE LIMITED₹3.51 cr₹12.02 lakh3.4%+67%
Atom AviationATOM AVIATION SERVICES PRIVATE LIMITED₹2.71 cr₹11.24 lakh4.1%-29%
VaayuVAAYU INNOVATIVE TECH SYSTEMS PRIVATE LIMITED₹1.91 cr₹8.14 lakh4.3%+117%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Drones and UAVs Industry Landscape of India

The financials above are one chapter. The full drones landscape of Delhi maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the drones landscape of Delhi
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Drones funding and M&A across India

338 recorded equity rounds have gone to 689 drones companies in India — how much, at which stage, into which sub-sectors, from whom, and how Delhi compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months12

US$14.53m

equity rounds, last 24 months60

US$203.38m

raised over five yearsUS$574.59m

261 rounds in India

M&A deals, India16

last 24 months

Capital by year

Equity funding into drones in India

amount rounds
$3.9m201817
$5.2m201915
$15m202016
$36m202133
$85m202253
$127m202361
$135m202465
$179m202541
$13m20268

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$179.06m across 41 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$15.42m48 rounds · median US$140k
SeedUS$128.12m167 rounds · median US$370k
Series AUS$138.57m25 rounds · median US$3.80m
Series BUS$248.53m18 rounds · median US$4.55m
Series CUS$43.95m3 rounds · median US$7.27m
Where the money went · five years

Most-funded sub-sectors

DronesUS$299.97m170 rounds · 66 companies
Military techUS$227.42m34 rounds · 12 companies
Logistics techUS$19.96m17 rounds · 3 companies
Energy storage techUS$7.02m6 rounds · 1 companies
Crop techUS$6.27m12 rounds · 3 companies
Professional service robotsUS$4.79m1 rounds · 1 companies
Sports techUS$2.62m2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

14Acquisition
2Merger

Most active acquirers

  1. Zen technologies7
  2. LAT Aerospace1
  3. Reliance industries1
  4. AFI Unimech1
  5. Adani defence & aerospace1

Most acquired or merged

  1. Sharang Shakti1
  2. Asteria aerospace1
  3. Dheya Engineering Technologies1
  4. General aeronautics1
  5. Anawave Systems & Solutions Private Limited (ASSPL)1

Each deal appears in the events strip at the top of the page.

Drones funding in Delhi

11 drones companies in Delhi have recorded equity funding, US$36.16m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Delhi

Meet the people behind drones companies in Delhi. 34 of 60 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Delhi drones companies by sub-sector

The most common specialisations among drones companies in Delhi. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring drones in India and nearby markets.

Coming soon