Company lists
The Maharashtra edition · 2026

Dronescompanies in Maharashtra

Drone makers, agriculture drones, mapping & surveying, defence drones, consumer drones and more: the companies building drones in Maharashtra, with their founders, funding, team size and business models.

83 company profiles41 with reported revenue16 with recorded fundingOctober 2026 edition
Maharashtra · 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.

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
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

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 Maharashtra, by revenue

Browse drones companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 41 companies below are the largest by their most recent reported revenue among 41 drones companies in Maharashtra 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 41

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
730+38% 12 mo to Sep 2024LinkedIn · Oct 2026
19 yr2007
16postings · last posted Oct 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

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

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

Drones
₹36.70 crFY 2024-25
-2%2024–2025
72+45% 12 mo to Jul 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months · last posted Jun 2026

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 drone-based data acquisition and analysis for various industries

Drones
₹23.82 crFY 2024-25
+66%2024–2025
95-18% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Retailer of unmanned aerial vehicles and related components and accessories

Drones
₹17.00 crFY 2024-25
+96%2024–2025
14LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of agricultural drones designed for crop spraying and monitoring

Drones
₹16.53 crFY 2024-25
-3%2024–2025
15LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of drone-based solutions for various industry applications

Drones
₹13.22 crFY 2024-25
+22%2024–2025
60LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Integrator of electronic systems, inertial systems, counter drone systems, and radar solutions

Military tech
₹8.08 crFY 2024-25
+37%2024–2025
25LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Developer of drone software, GeoAI platform, and solutions for drone services

Drones
₹7.53 crFY 2024-25
+49%2024–2025
73+33% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of geographic information systems services

Drones
₹7.39 crFY 2024-25
+42%2024–2025
57+38% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Developer of drone technology

Drones
₹4.26 crFY 2024-25
+64%2024–2025
23recorded Jun 2024
5 yr2021
0none in 3 months

Drone solutions provider for businesses

Drones
₹2.76 crFY 2024-25
+51%2024–2025
1LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of drone-based solutions for surveying, mapping, inspection, and security

Drones
₹2.45 crFY 2024-25
+71%2024–2025
30+186% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Company designing and manufacturing consumer nano drones

Drones
₹2.04 crFY 2024-25
+1%2024–2025
27LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of unmanned aerial vehicle survey, GIS data processing, and maintenance

Crop tech
₹1.11 crFY 2024-25
+5497%2024–2025
30LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Provider of drone equipment and parts supplier

Drones
₹91.87 lakhFY 2024-25
+214%2024–2025
11LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of cloud and AI-powered counter-drone systems

Security & surveillance technology
₹86.63 lakhFY 2024-25
-56%2024–2025
84LinkedIn · Jul 2026
5 yr2021
1postings · last posted Sep 2026

Manufacturer of commercial and defense drone systems

Military tech
₹79.05 lakhFY 2024-25
+373%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of end-to-end drone solutions, including data analytics and training

Drones
₹61.39 lakhFY 2024-25
-44%2024–2025
9LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of remote sensing and artificial intelligence solutions for agriculture

Drones
₹61.11 lakhFY 2024-25
+37%2024–2025
—Not available
8 yr2018
0none in 3 months

Manufacturer of unmanned aerial vehicles for agriculture defense mapping inspection

Drones
₹60.08 lakhFY 2024-25
Not reported
—Not available
7 yr2019
0none in 3 months
41 of 83 companies shown here · the full list is on Radar
Fliar Radar

Explore all 83 drones companies in Maharashtra on Radar

This page shows the top 41. Radar has the complete, filterable list with contacts and live company signals.

Open drones in Maharashtra on Radar
  • Every company, not just 50All 83 drones companies in Maharashtra, 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 Maharashtra by what you are looking for

Discover top drones companies in Maharashtra, including drone manufacturers, agriculture drone providers and mapping specialists. You can also see drone startups in Maharashtra and companies that are hiring.

7 ways to explore drones in Maharashtra

Drone manufacturers & commercial drone companiesAgriculture & crop-spraying drone companiesDrone mapping, surveying & data companiesDefence, military & anti-drone technology companiesConsumer drones, accessories & drone retailersDrone startups in Maharashtra

Drone manufacturers & commercial drone companies

Companies that design and build commercial and industrial drones.

  1. ideaForge

    Developer of unmanned aerial vehicles

    Drones
    See in list
  2. PRYM Aerospace

    Provides of unmanned aerial vehicle solutions for various industries

    Drones
    See in list
  3. DroneAcharya

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

    Drones
    See in list
  4. Paras Aerospace

    Manufacturer of agricultural drones designed for crop spraying and monitoring

    Drones
    See in list
  5. Schnell Drone Technologies

    Provider of drone-based solutions for various industry applications

    Drones
    See in list

Agriculture & crop-spraying drone companies

Drone providers for crop spraying, monitoring and farm analytics.

  1. Indrones

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

    Drones
    See in list
  2. Paras Aerospace

    Manufacturer of agricultural drones designed for crop spraying and monitoring

    Drones
    See in list
  3. Aeronica Advance Technologies

    Provider of unmanned aerial vehicle survey, GIS data processing, and maintenance

    Crop tech
    See in list
  4. Aerizone

    Provider of end-to-end drone solutions, including data analytics and training

    Drones
    See in list
  5. AgriForetell

    Provider of remote sensing and artificial intelligence solutions for agriculture

    Drones
    See in list

Drone mapping, surveying & data companies

Providers of aerial surveying, GIS, 3D mapping and drone data analytics.

  1. Indrones

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

    Drones
    See in list
  2. PDRL

    Developer of drone software, GeoAI platform, and solutions for drone services

    Drones
    See in list
  3. Aeronica Advance Technologies

    Provider of unmanned aerial vehicle survey, GIS data processing, and maintenance

    Crop tech
    See in list
  4. Airpix

    Provider of drone-based solutions for surveying, inspection, and data processing

    Drones
    See in list
  5. Eagletronics

    Provider of drone manufacturing, services, training, and GIS mapping solutions

    Drone services
    See in list

Defence, military & anti-drone technology companies

Makers of military drones and counter-drone and surveillance systems.

  1. ideaForge

    Developer of unmanned aerial vehicles

    Drones
    See in list
  2. Gurutvaa Systems

    Integrator of electronic systems, inertial systems, counter drone systems, and radar solutions

    Military tech
    See in list
  3. Paras Anti-drone Technologies

    Provider of cloud and AI-powered counter-drone systems

    Security & surveillance technology
    See in list
  4. Jatayu Unmanned Technologies

    Manufacturer of commercial and defense drone systems

    Military tech
    See in list
  5. ARTEMON AEROSPACE & INFRA

    Platform provides aerospace design services

    Drones
    Website

Consumer drones, accessories & drone retailers

Sellers and makers of consumer drones, flying cameras and accessories.

  1. Quidich

    Provider of robotic camera systems for sports broadcasting

    Sports tech
    See in list
  2. Drona Aviation

    Company designing and manufacturing consumer nano drones

    Drones
    See in list
  3. NOT Drones

    Manufacturer of precision-engineered camera drones and related support services

    Drones
    Website
  4. TechMaharaja

    Online retailer offering drones and accessories

    Consumer electronics e-commerce
    Website
  5. NxtQube

    Provider of autonomous drone docking stations

    Drones
    See in list

Drone startups in Maharashtra

Newer drone companies 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. UAV Garage

    Retailer of unmanned aerial vehicles and related components and accessories

    Drones
    See in list
  4. Ikran

    Developer of drone technology

    Drones
    See in list
  5. Aerobott

    Drone solutions provider for businesses

    Drones
    See in list
25 companies in Maharashtra

Drones companies hiring in Maharashtra

Drone companies with open roles right now.

  1. ideaForge

    Developer of unmanned aerial vehicles

    Drones
    See in list
  2. Quidich

    Provider of robotic camera systems for sports broadcasting

    Sports tech
    See in list
  3. PRYM Aerospace

    Provides of unmanned aerial vehicle solutions for various industries

    Drones
    See in list
  4. DroneAcharya

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

    Drones
    See in list
  5. Aeronica Advance Technologies

    Provider of unmanned aerial vehicle survey, GIS data processing, and maintenance

    Crop tech
    See in list
11 companies in Maharashtra
Mobile reach

Top 10 drones apps from Maharashtra

The most-installed Android apps published by drones companies headquartered in Maharashtra — 168K installs between them. 10 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

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
6

BhuMeet Pilot

by BhuMeet

Installs993
Rating—
Last updatedJun 2026
View on Google Play ↗
BhuMeet Pilot screenshot 1BhuMeet Pilot screenshot 2BhuMeet Pilot screenshot 3BhuMeet Pilot screenshot 4BhuMeet Pilot screenshot 5BhuMeet Pilot screenshot 6
9

RRPS4E Innovation

by S4E

Installs21
Rating—
Last updatedNov 2025
View on Google Play ↗
RRPS4E Innovation screenshot 1RRPS4E Innovation screenshot 2RRPS4E Innovation screenshot 3RRPS4E Innovation screenshot 4RRPS4E Innovation screenshot 5RRPS4E Innovation screenshot 6
10

DroneSakha

by Eshma

Installs5
Rating—
Last updatedMay 2026
View on Google Play ↗
DroneSakha screenshot 1DroneSakha screenshot 2DroneSakha screenshot 3DroneSakha screenshot 4DroneSakha screenshot 5DroneSakha screenshot 6
The business behind the activity

Drones financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 34 drones companies in Maharashtra for FY24-25 — 50 of the 83 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹392.17 cr

34 companies filing accounts

combined net profit₹9.85 cr

2.5% aggregate margin

are profitable59%

20 of 34 companies

median revenue~₹1.6 cr

the typical company

median revenue growth+42%

into FY24-25

earned by the top five74%

revenue concentration

Six-year view

Combined revenue of filing companies

₹52.56 crFY19-2019 filers
₹91.30 crFY20-2124 filers
₹80.38 crFY21-2227 filers
₹142.74 crFY22-2338 filers
₹243.14 crFY23-2439 filers
₹392.17 crFY24-2534 filers

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

Like-for-like

The same 30 companies over three years

+180%
FY22-23₹139.66 cr₹18.19 cr net
FY23-24₹241.41 cr₹27.28 cr net
FY24-25₹390.71 cr₹10.58 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 cr1631% profitable
₹1–10 cr1080% profitable
₹10–100 cr888% 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

Shrinking10
0–20%2
20–50%6
50–100%5
Doubled+10

33 companies with accounts for both years; median growth +42%.

Profitability

Profit is concentrated at the top

20profitable
14loss-making
2.5%aggregate margin
1.0%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
TrentarTRENTAR PRIVATE LIMITED+283%₹72.42 cr
PRYM AerospacePRYM SOLUTIONS PRIVATE LIMITED+145%₹57.89 cr
UAV GarageUAVGARAGE PRIVATE LIMITED+96%₹17.00 cr
S4ERRP S4E INNOVATION LIMITED+53%₹62.30 cr
QuidichQUIDICH INNOVATION LABS PRIVATE LIMITED+30%₹59.74 cr
Schnell Drone TechnologiesSchnell Drone Technologies Limited+22%₹13.22 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
S4ERRP S4E INNOVATION LIMITED20.9%₹62.30 cr
QuidichQUIDICH INNOVATION LABS PRIVATE LIMITED13.0%₹59.74 cr
Schnell Drone TechnologiesSchnell Drone Technologies Limited9.0%₹13.22 cr
Paras AerospaceParas Aerospace Private Limited7.1%₹16.53 cr
TrentarTRENTAR PRIVATE LIMITED6.0%₹72.42 cr
PRYM AerospacePRYM SOLUTIONS PRIVATE LIMITED3.2%₹57.89 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Drones25₹254.36 cr~₹2.0 cr56%-2.6%
Leaders

Largest drones companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
TrentarTRENTAR PRIVATE LIMITED₹72.42 cr₹4.38 cr6.0%+283%
S4ERRP S4E INNOVATION LIMITED₹62.30 cr₹13.02 cr20.9%+53%
QuidichQUIDICH INNOVATION LABS PRIVATE LIMITED₹59.74 cr₹7.77 cr13.0%+30%
PRYM AerospacePRYM SOLUTIONS PRIVATE LIMITED₹57.89 cr₹1.88 cr3.2%+145%
DroneAcharyaDroneacharya Aerial Innovations Limited₹36.70 cr−₹13.47 cr-36.7%-1%
UAV GarageUAVGARAGE PRIVATE LIMITED₹17.00 cr₹37.77 lakh2.2%+96%
Paras AerospaceParas Aerospace Private Limited₹16.53 cr₹1.17 cr7.1%-3%
Schnell Drone TechnologiesSchnell Drone Technologies Limited₹13.22 cr₹1.19 cr9.0%+22%
IndronesINDRONES SOLUTIONS PRIVATE LIMITED₹9.99 cr₹28.25 lakh2.8%+48%
Gurutvaa SystemsGurutvaa Systems Private Limited₹8.08 cr₹61.97 lakh7.7%+37%
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 Maharashtra 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 Maharashtra
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 Maharashtra 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.

Go deeper in the drones landscape reports:

Drones and UAVs Industry Landscape of India

Drones funding in Maharashtra

16 drones companies in Maharashtra have recorded equity funding, US$78.64m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind drones companies in Maharashtra. 55 of 83 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra drones companies by sub-sector

The most common specialisations among drones companies in Maharashtra. 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.

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