Company lists
The India edition · 2026

Dronescompanies in India

Agriculture drones, military drones, buy drones, mapping & surveying, delivery drones and more: the companies building drones in India, with their founders, funding, team size and business models.

562 company profiles260 with reported revenue92 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent drones business events in India

Funding, M&A, contract wins and launches involving 689 drones companies in India, last 24 months: 33 Contracts · 25 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.

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
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
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
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

Jaykay Enterprises Ltd, engaged in high-precision manufacturing for the aerospace, defense, and space tech industries, through its step-down subsidiary Allen Reinforced Plastics Limited,…

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 India, by revenue

Browse drones companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 260 drones companies in India 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 50

Develops and manufactures guided missiles and allied defense equipment

Drones
₹2,644.79 crFY 2022-23
Not reported
2,310-7% 12 mo to Aug 2024recorded Aug 2024
56 yr1970
—No postings tracked

Provider of defence training simulators, combat training centers, and anti-drone systems

Military tech
₹1,032.03 crFY 2024-25
+127%2024–2025
639+22% 12 mo to Jul 2024LinkedIn · Jul 2026
33 yr1993
17postings · last posted Sep 2026

Manufacturer of carbon fiber composite products and unmanned aerial vehicles

Military tech
₹267.57 crFY 2024-25
+211%2024–2025
540+46% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Designer, manufacturer, supplier, and service provider of unmanned systems

Drones
₹208.35 crFY 2024-25
-16%2024–2025
88+28% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufacturer of commercial drones for multiple applications

Drones
₹191.39 crFY 2024-25
+249%2024–2025
—Not available
5 yr2021
0none in 3 months

Developer of unmanned aerial vehicles

Drones
₹182.38 crFY 2024-25
-47%2024–2025
717+38% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
25postings · last posted Sep 2026

Manufacturer of drones and accessories for defense applications

Military tech
₹131.74 crFY 2024-25
+884%2024–2025
13+29% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of unmanned aerial vehicles for agricultural and industrial applications

Drones
₹124.80 crFY 2024-25
+13%2024–2025
565-24% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
4postings · last posted Aug 2026

Developer of anti-drone solutions and tactical drones

Drones
₹94.59 crFY 2024-25
+379%2024–2025
34LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026

Provider of drone technology manufacturing training and aerial precision services

Drones
₹88.79 crFY 2024-25
+90%2024–2025
126LinkedIn · Jul 2026
10 yr2016
12postings · last posted Aug 2026

Manufacturer of electro-optical systems, thermal devices, telescopic sights, and long-range cameras

Military tech
₹62.30 crFY 2024-25
+53%2024–2025
35-8% 12 mo to Aug 2024recorded Aug 2024
8 yr2018
0none in 3 months

Manufacturer of agricultural and industrial unmanned aerial drones and components

Drones
₹60.50 crFY 2024-25
-34%2024–2025
112+775% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of robotic camera systems for sports broadcasting

Sports tech
₹60.41 crFY 2024-25
Not reported
117+62% 12 mo to Jul 2024LinkedIn · Jul 2026
13 yr2013
1postings · last posted Sep 2026

Provides of unmanned aerial vehicle solutions for various industries

Drones
₹58.08 crFY 2024-25
+146%2024–2025
36LinkedIn · Jul 2026
2 yr2024
0none in 3 months · last posted Jun 2026

Provides aerial photography & surveying services using drones

Drones
₹56.69 crFY 2024-25
+69%2024–2025
12LinkedIn · Jul 2026
12 yr2014
0none in 3 months

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
5postings · last posted Sep 2026

Manufacturer of unmanned aerial vehicles for defense, commercial, and environmental use

Drones
₹42.19 crFY 2024-25
+154%2024–2025
68LinkedIn · Jul 2026
6 yr2020
3postings · last posted Aug 2026

Developer of autonomous, AI-powered counter-unmanned aerial system defense solutions

Drones
₹37.34 crFY 2024-25
Not reported
51LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of drone-based solutions, training, and services for various industries

Drones
₹36.70 crFY 2024-25
-2%2024–2025
78+45% 12 mo to Jul 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Manufacturer of unmanned aerial vehicles, anti-drone systems, and related software

Drones
₹30.68 crFY 2024-25
+177%2024–2025
47LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Drone and cloud-based solutions provider for inspection of solar PV

Drones
₹28.29 crFY 2024-25
+48%2024–2025
107+67% 12 mo to Jul 2024recorded Jul 2024
9 yr2017
0none in 3 months

Manufacturer of unmanned aerial vehicles and related autonomous systems

Drones
₹27.71 crFY 2024-25
+37%2024–2025
185+49% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of integrated drone solutions for diverse industry applications

Drones
₹27.51 crFY 2024-25
-51%2024–2025
251-20% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
1postings · last posted Jul 2026

Provider of drone-enabled data analytics for mining, solar, and infrastructure

Drones
₹27.27 crFY 2024-25
+422%2024–2025
122+24% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
3postings · last posted Sep 2026

Provider of AI-enabled commercial drone system for multiple applications

Drones
₹26.94 crFY 2024-25
+143%2024–2025
30+62% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026
50 of 562 companies shown here · the full list is on Radar
Fliar Radar

Explore all 562 drones companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open drones in India on Radar
  • Every company, not just 50All 562 drones companies in India, 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.
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Explore drones companies in India by what you are looking for

Browse top drones companies in India, from agriculture drone makers to defence and delivery drone firms. You can also find drone startups in India and drones companies hiring now.

9 ways to explore drones in India

Agriculture & crop spraying drone companiesMilitary, defence & counter-drone companiesDrone retailers & consumer drone brandsDrone mapping, surveying & GIS companiesDrone delivery & logistics companiesDrone inspection & solar monitoring companies

Agriculture & crop spraying drone companies

Makers and service providers of drones for farming, crop spraying and crop monitoring.

  1. AVPL International

    Provider of drone technology manufacturing training and aerial precision services

    Drones
    See in list
  2. Indrones

    Provider of drone-based data acquisition and analysis for various industries

    Drones
    See in list
  3. Hubblefly Technologies

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

    Drones
    See in list
  4. Marut Drones

    Manufacturer of drones for agriculture, training, afforestation, and mosquito eradication

    Drones
    See in list
  5. Paras Aerospace

    Manufacturer of agricultural drones designed for crop spraying and monitoring

    Drones
    See in list

Military, defence & counter-drone companies

Companies making military drones, unmanned aerial vehicles and anti-drone systems.

  1. Zen Technologies

    Provider of defence training simulators, combat training centers, and anti-drone systems

    Military tech
    See in list
  2. Anadrone

    Designer, manufacturer, supplier, and service provider of unmanned systems

    Drones
    See in list
  3. ideaForge

    Developer of unmanned aerial vehicles

    Drones
    See in list
  4. ZMotion Autonomous Systems

    Manufacturer of drones and accessories for defense applications

    Military tech
    See in list
  5. IIO Technologies

    Developer of anti-drone solutions and tactical drones

    Drones
    See in list

Drone retailers & consumer drone brands

Online stores and brands selling camera drones, mini drones and accessories.

  1. Electrobotic

    Provider of camera-based drone systems for consumers

    Drones
    See in list
  2. Indian Robo Store

    Online retailer of drones

    Drones
    See in list
  3. Drona Aviation

    Company designing and manufacturing consumer nano drones

    Drones
    Website
  4. Qoptars

    Manufacturer of autonomous drones for defense, industrial, and agricultural applications

    Drones
    Website
  5. NOT Drones

    Manufacturer of precision-engineered camera drones and related support services

    Drones
    Website

Drone mapping, surveying & GIS companies

Drone-based aerial surveying, 3D mapping and geospatial data analytics providers.

  1. Indrones

    Provider of drone-based data acquisition and analysis for various industries

    Drones
    See in list
  2. Marvel Geospatial

    Provider of bespoke medical aesthetic treatments and rejuvenation plans

    Geographic information systems
    See in list
  3. SATPALDA

    Provider of geospatial solutions, satellite imagery, and related analytic and mapping services

    Geographic information systems
    Website
  4. HUVIAiR

    Platform offering construction monitoring solutions

    Drones
    Website
  5. Atom Aviation

    Provider of certified aviation company specializing in drone survey services

    Drones
    Website

Drone delivery & logistics companies

Operators and makers of drones for last-mile delivery and cargo transport.

  1. EndureAir Systems

    Developer of aerial robotic solutions for autonomous payload transport

    Military tech
    See in list
  2. Drogo Drones

    Operator of autonomous drone delivery and logistics service platforms networks

    Crop tech
    See in list
  3. BonV Aero

    Manufacturer of unmanned aerial vehicles for logistics, disaster response, and defence

    Logistics tech
    Website
  4. Skye Air

    Platform offers drone‑based last‑mile delivery services

    Logistics tech
    Website
  5. Techeagle

    Developer of autonomous drone infrastructure for logistics, public safety, and defence

    Drones
    Website

Drone inspection & solar monitoring companies

Drone-based inspection of solar plants, power lines and industrial sites.

  1. AirProbe

    Drone and cloud-based solutions provider for inspection of solar PV

    Drones
    See in list
  2. Takvaviya

    Provider of data analytics solutions leveraging custom-built UAVs

    Renewable energy tech
    Website
  3. Lesoko Technologies

    Online platform offering drone-based solar monitoring solutions

    Renewable energy tech
    Website
  4. Garud Survey

    AI and web-based platform offering solar power plant monitoring solutions using drones

    Renewable energy tech
    Website
  5. ERIC Robotics

    Developer of industrial robotics and drones for automation and inspection sectors

    Drones
    Website

Listed drones companies in India

Publicly listed drones companies in India.

  1. Bharat Dynamics

    Develops and manufactures guided missiles and allied defense equipment

    Drones
    See in list
  2. Zen Technologies

    Provider of defence training simulators, combat training centers, and anti-drone systems

    Military tech
    See in list
  3. ideaForge

    Developer of unmanned aerial vehicles

    Drones
    See in list
  4. DroneAcharya

    Provider of drone-based solutions, training, and services for various industries

    Drones
    See in list
  5. Drone Destination

    Provider of drone-as-a-service solutions

    Drones
    See in list
6 companies in India

Drone startups in India

Newer drone startups in India founded in recent years.

  1. Trentar

    Manufacturer of commercial drones for multiple applications

    Drones
    See in list
  2. PRYM Aerospace

    Provides of unmanned aerial vehicle solutions for various industries

    Drones
    See in list
  3. Indrajaal

    Developer of autonomous, AI-powered counter-unmanned aerial system defense solutions

    Drones
    See in list
  4. Vaimanika Aerospace

    Manufacturer of unmanned aerial vehicles for agriculture, defense, and logistics

    Military tech
    See in list
  5. UAV Garage

    Retailer of unmanned aerial vehicles and related components and accessories

    Drones
    See in list
171 companies in India

Drones companies hiring in India

Drones companies in India with open roles.

  1. Zen Technologies

    Provider of defence training simulators, combat training centers, and anti-drone systems

    Military tech
    See in list
  2. ideaForge

    Developer of unmanned aerial vehicles

    Drones
    See in list
  3. IIO Technologies

    Developer of anti-drone solutions and tactical drones

    Drones
    See in list
  4. AVPL International

    Provider of drone technology manufacturing training and aerial precision services

    Drones
    See in list
  5. Quidich

    Provider of robotic camera systems for sports broadcasting

    Sports tech
    See in list
34 companies in India
Mobile reach

Top 10 drones apps from India

The most-installed Android apps published by drones companies headquartered in India — 1.4M installs between them. 32 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
4

IZI GO

by IZI

Installs26K
Rating—
Last updatedMay 2025
View on Google Play ↗
IZI GO screenshot 1IZI GO screenshot 2IZI GO screenshot 3IZI GO screenshot 4IZI GO screenshot 5IZI GO screenshot 6
5

TropoGo- Drone Jobs & Maps

by TropoGo

Installs21K
Rating—
Last updatedMay 2024
View on Google Play ↗
TropoGo- Drone Jobs & Maps screenshot 1TropoGo- Drone Jobs & Maps screenshot 2TropoGo- Drone Jobs & Maps screenshot 3TropoGo- Drone Jobs & Maps screenshot 4TropoGo- Drone Jobs & Maps screenshot 5TropoGo- Drone Jobs & Maps screenshot 6
7

AeroGCS GREEN

by AeroMegh

Installs10K
Rating—
Last updatedDec 2025
View on Google Play ↗
AeroGCS GREEN screenshot 1AeroGCS GREEN screenshot 2AeroGCS GREEN screenshot 3AeroGCS GREEN screenshot 4AeroGCS GREEN screenshot 5AeroGCS GREEN screenshot 6
The business behind the activity

Drones financials in India

Revenue, profit and growth from the filed annual accounts of 223 drones companies in India for FY24-25 — 286 of the 562 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹6,945.77 cr

223 companies filing accounts

combined net profit₹829.05 cr

11.9% aggregate margin

are profitable56%

125 of 223 companies

median revenue~₹1.2 cr

the typical company

median revenue growth+38%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,576.52 crFY19-20113 filers
₹2,370.38 crFY20-21141 filers
₹3,616.54 crFY21-22165 filers
₹3,740.04 crFY22-23200 filers
₹5,104.33 crFY23-24221 filers
₹6,945.77 crFY24-25223 filers

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

Like-for-like

The same 164 companies over three years

+90%
FY22-23₹3,603.76 cr₹407.92 cr net
FY23-24₹5,021.68 cr₹865.76 cr net
FY24-25₹6,851.48 cr₹839.04 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 cr10234% profitable
₹1–10 cr7469% profitable
₹10–100 cr4180% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking66
0–20%17
20–50%22
50–100%25
Doubled+64

194 companies with accounts for both years; median growth +38%.

Profitability

Profit is concentrated at the top

125profitable
98loss-making
11.9%aggregate margin
0.7%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
ZMotion Autonomous SystemsZMOTION AUTONOMOUS SYSTEMS PRIVATE LIMITED+884%₹131.74 cr
Skylark DronesSKYLARK DRONES PRIVATE LIMITED+422%₹27.27 cr
IIO TechnologiesIIO TECHNOLOGIES PRIVATE LIMITED+379%₹94.59 cr
EndureAir SystemsENDUREAIR SYSTEMS PRIVATE LIMITED
TrentarTRENTAR PRIVATE LIMITED+283%₹72.42 cr
RapheRAPHE MPHIBR PRIVATE LIMITED+211%₹267.57 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
BotLab DynamicsBOTLAB DYNAMICS PRIVATE LIMITED32.6%₹48.52 cr
Zen TechnologiesZEN TECHNOLOGIES LIMITED26.6%₹988.45 cr
Matrix-GeoMATRIX GEO SOLUTIONS LIMITED
Vaimanika AerospaceVED PRABHA AEROSPACE PRIVATE LIMITED
AnadroneANADRONE SYSTEMS LIMITED20.9%₹208.35 cr
S4ERRP S4E INNOVATION LIMITED20.9%₹62.30 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Drones172₹5,265.06 cr~₹1.2 cr58%11.2%
Military tech11₹1,506.36 cr~₹13.2 cr64%19.4%
Crop tech13₹57.81 cr~₹1.3 cr31%-43.1%
Geographic information systems6₹27.41 cr~₹3.1 cr83%-21.4%
Leaders

Largest drones companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Bharat DynamicsBHARAT DYNAMICS LIMITED₹3,695.45 cr₹549.65 cr14.9%+35%
Zen TechnologiesZEN TECHNOLOGIES LIMITED₹988.45 cr₹262.95 cr26.6%+123%
RapheRAPHE MPHIBR PRIVATE LIMITED₹267.57 cr2.4%+211%
AnadroneANADRONE SYSTEMS LIMITED₹208.35 cr₹43.60 cr20.9%-16%
ZMotion Autonomous SystemsZMOTION AUTONOMOUS SYSTEMS PRIVATE LIMITED₹131.74 cr₹12.10 cr9.2%+884%
Garuda AerospaceGARUDA AEROSPACE LIMITED₹124.80 cr₹17.27 cr13.8%+13%
IIO TechnologiesIIO TECHNOLOGIES PRIVATE LIMITED₹94.59 cr₹2.20 cr2.3%+379%
AVPL InternationalAITMC VENTURES LIMITED₹86.62 cr₹14.05 cr16.2%+89%
TrentarTRENTAR PRIVATE LIMITED₹72.42 cr₹4.38 cr6.0%+283%
S4ERRP S4E INNOVATION LIMITED₹62.30 cr₹13.02 cr20.9%+53%
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 India 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 India
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 India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months16

US$25.76m

equity rounds, last 24 months65

US$223.82m

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 India

92 drones companies in India have recorded equity funding, US$608.26m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind drones companies in India. 375 of 562 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India drones companies by sub-sector

The most common specialisations among drones companies in India. 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