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Drones Company Equity Stake For Sale in Bengaluru, India

Indigenous drone battery platform with recurring revenue model for global defense and commercial fleet markets.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 64 thousand
Run Rate Sales USD 125 thousand
EBITDA Margin Nil
Industries Drones
Locations  Bengaluru
Local Time 12:05 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 840 thousand for 10.0% stake (Native Currency: INR 80,000,000)
Reason: - Expanding infrastructure for high-volume production (45%): Transitioning the current facility from... View More
Includes physical assets worth USD 167 thousand
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Business Overview
1. Leadership & promoter pedigree:

- Decades of industry leadership: The founding and leadership team brings over 30 years of direct corporate leadership experience and a combined 70+ years of industry expertise across automotive R&D, sourcing, and energy systems.

- Elite academic & technical background: The technical Co-Founder holds a B. Tech and M. Tech from IIT Delhi, is a former automotive R&D engineer, and has spent 12 years building ventures in the EV and battery sector.

- Deep supply chain expertise: The business Co-Founder holds a B. Tech and MBA, with 15 years of experience in global sourcing and business development across leading companies in the electric vehicle and semiconductor sectors.

2. Market traction & ecosystem relationships:
- Validated commercial pipeline: The business has secured 5 Letters of Intent (LOIs) from core drone OEMs along with 2 LOIs from established battery distributors.

- High-intent inbound leads: Following an official product launch at a major national drone exposition, the team generated 147 business leads, resulting in 78 highly qualified prospects and 25 near-term commercial opportunities.

- Strategic academic & institutional moats: Formal business agreements and operational flight integrations are actively in place with premium institutions including IIT Hyderabad TiHAN, IIIT Hyderabad, and IISc Bangalore.

- Current business traction: The business is currently sustaining operations through small-scale engineering projects and is projected to generate approximately INR 50 lakh by August. Commercialization of new drone products for agricultural applications is currently pending BIS testing and certification completion.

3. High-margin, multi-stream revenue model:
Rather than operating as a low-margin hardware assembler, the company aims to follow an ecosystem-driven approach designed to monetize the entire lifecycle of drone fleets.

- Hardware product sales (70%): Direct B2B sales of proprietary military-grade battery packs, intelligent battery management systems (BMS), and smart chargers to drone manufacturers (OEMs) and large fleet operators.

- BMS kit export sales (15%): Global distribution and export of custom-engineered proprietary BMS kits.

- SaaS & prognostics fees (8%): Monthly and annual recurring software licensing revenue generated through an AI-driven digital twin asset management analytics platform.

- Battery-as-a-Service / BaaS (7%): Long-term recurring revenue through subscription and rental-based battery deployment models.

4. Awards, incubation, and grants:
- Government market selection: Selected as one of only 10 high-growth startups by a major state government for an exclusive Global Innovation Alliance Market Access Program to France.

- Elite acceleration cohorts: Selected from over 120 competitive deep-tech applicants into a premier state government acceleration program.

- Non-dilutive capital recognition: Awarded INR 15 lakh in equity-free grant funding from leading national technology institutions and selected for a major global artificial intelligence hardware inception program.

- International recognition: Awarded 2nd prize (USD 1,500) at an international startup summit conducted in collaboration with international trade partners.

- Company has MCA registration.
Products & Services Overview
Top products & services: The company develops and manufactures proprietary, patented energy infrastructure rather than assembling third-party hardware components. Its offerings include indigenous 6S and 14S military-grade battery packs, custom encrypted BMS hardware and firmware solutions, and an AI-driven prognostic Battery Twin SaaS platform.

Who uses them & how: The primary B2B customers include certified defense, surveillance, and agricultural drone OEMs. These clients integrate the company’s secure power solutions into their fleets to comply with restrictions on foreign electronic components, operate reliably under extreme environmental conditions ranging from -40°C to 60°C, and utilize predictive battery analytics to identify faults early, reduce mid-air failures, and improve fleet uptime and operational efficiency by 30%.
Assets Overview
Tangible assets (Infrastructure & machinery):
The physical footprint and production line operate from a custom-designed facility equipped with high-spec manufacturing, validation, and testing infrastructure.

- Testing & R&D laboratory equipment:
* Advanced cell cyclers: Precision diagnostic machines utilized for deep-cell stress testing, internal resistance profiling, and mapping cell validation data.
* High-capacity battery cyclers: Equipment configured for rapid charging profiling, multi-configuration pack deployment, and simulated operational flight load testing.

- Manufacturing & assembly infrastructure:
* Full-scale operating battery pack assembly line optimized for dust and vibration control.
* Precision automated welding machinery, customized production jigs, and specialized toolsets tailored for processing high-power electronics.

- Finished hardware units & technology assets:
* In-house developed smart charger units and field data-logging kits.
* High-performance, military-grade 6S and 14S physical hardware battery packs and custom-built lightweight BMS hardware kits.

Intangible assets (Intellectual property & software)
The company owns a vertically integrated technology stack and a robust IP portfolio, differentiating it from traditional hardware assemblers.

- Patents & frameworks:
* 7 filed patents covering proprietary engineering, design, and process protections for thermally optimized battery pack casings and internal architectures.
* Pipeline IP moat: 10 additional patents currently under development to protect core hardware and algorithmic innovations.

- Proprietary software systems:
* AI-driven Battery Twin analytics dashboard: A proprietary prognostic engine enabling real-time asset tracking and lifecycle health management for drone manufacturers.
* Operator mobile application: A native system enabling end-to-end telemetry and active cell-level data tracking for field operators.
* Proprietary BMS firmware: A hardware-integrated cybersecurity stack utilizing custom 256-bit AES military-grade data encryption with secure IoT and BLE communications.

- Trademarks & copyrights:
* 2 filed process and UI/UX design copyrights, along with corporate trademarks and digital domain assets.
Facilities Overview
- Built-up area & physical structure: The business operates from a rented facility located on the 1st floor of the property, custom-configured to accommodate in-house engineering labs, specialized assembly infrastructure, and a dedicated battery assembly line.

- Operational infrastructure: The facility is designed to support both heavy hardware assembly and software testing, housing advanced machinery such as cell cyclers, specialized battery cyclers, and precision welding and jig manufacturing stations.

- Current capacity & scaling moat: Within the existing footprint, the facility is optimized to reliably produce 15 premium battery packs per day in a single-shift operation. It also has the immediate structural capacity to scale production directly to 30 packs per day across two shifts, supporting near-term commercial expansion without requiring additional factory capital expenditure.
Capitalization Overview
1. Present funding breakdown:
The business has successfully financed its initial development and scaling through a strategic mix of founder commitment, non-dilutive capital, and early-stage equity funding.

- Founder capital infusion: The founders initially bootstrapped the business by investing approximately INR 36 lakh of personal capital to fund early operations. Additionally, the business will be generating approximately INR 1.2 crore through engineering services and training during its initial phase to remain lean and identify its core product-market fit.

- Non-dilutive equity-free grants: The company secured INR 15 lakh in equity-free grant funding from premier technology institutions, specifically IIT Hyderabad and IIIT Hyderabad.

- Angel/seed investment: The business recently secured an institutional funding round of INR 1.5 crore through an angel investment round in April this year.

2. Debts and outstanding loans:
- Zero institutional debt: The business operates as a debt-free entity with no outstanding bank loans, commercial lines of credit, or term debt on its balance sheet.

- Structuring of recent capital: The recently secured INR 1.5 crore in angel funding was raised through Compulsorily Convertible Debentures (CCDs). Under standard accounting frameworks, while CCDs are initially classified as debt instruments before conversion, they do not create a liquidity burden or traditional repayment obligation, as they are structured to convert directly into equity during a subsequent funding round.

3. Shareholder structure and percentage ownership:
The capitalization structure is tightly held, ensuring strong founder alignment and long-term commitment.

- Total number of core shareholders: 2 principal shareholders (the co-founders).

- Ownership breakdown:
* Co-Founder & CEO: Holds the majority technical and operational stake.
* Co-Founder & CBO: Holds the remaining commercial and business-scaling equity stake.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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