Drones Company Investment Opportunity in Ahmedabad, India
Drone tech firm with high revenue and proprietary IP seeks partner to scale growth.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 660 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Drones |
| Locations | Ahmedabad |
| Local Time | 1:31 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
234 thousand
for
3.0%
stake
(Native Currency: INR 20,000,000)
Reason: - Plans to strategically utilise upcoming funding to boost manufacturing capacity, expand services, ...
View More
Includes physical assets worth
USD
117 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
(7.4 MB)
Business Overview
- The business designs and manufactures drone hardware and offers aerial data services to industries and government agencies.
- Hardware products contribute 70% of total revenue and include fixed-wing, VTOL, and multirotor drones, along with USVs (autonomous survey boats) for underwater mapping.
- These are used by infrastructure companies, renewable energy providers, mining consultants, and defense for tasks like land surveys, utility inspections, infrastructure monitoring, and bathymetry.
- Drone-as-a-service (DaaS) accounts for 30% of revenue, offering aerial surveys, inspection services, construction monitoring, and disaster response. Clients include L&T, Tata Projects, Reliance, Mahindra Susten, and multiple government agencies.
- The business generated INR 5.6 crore in revenue this year, with an average growth of 1.8x year-on-year over the last three years. It is projecting INR 44 crore in revenue within the next three years.
- It has served over 70 unique clients and contributed to major projects such as metro mapping (Ahmedabad, Surat, Bhopal, Indore), Swamitva and MIDC surveys, and emergency response during COVID and floods.
- The company also offers a proprietary GIS dashboard, a web-based drone data visualization platform used for land record management, construction monitoring, and geospatial analysis by clients like Sangli Municipal Corporation and Indospace.
- It owns more than seven proprietary technologies, including drone hardware models and GIS tools.
- The promoters bring 17 to 35 years of experience across IT, civil engineering, and software development.
- The company is now seeking to raise INR 8 crore to invest in product IP, AI development, software platforms, and team expansion.
- It competes with leading Indian drone tech companies such as IdeaForge and Garuda Aerospace.
- The business holds a valid GST certificate, Factory License and a Certificate of Incorporation.
- Hardware products contribute 70% of total revenue and include fixed-wing, VTOL, and multirotor drones, along with USVs (autonomous survey boats) for underwater mapping.
- These are used by infrastructure companies, renewable energy providers, mining consultants, and defense for tasks like land surveys, utility inspections, infrastructure monitoring, and bathymetry.
- Drone-as-a-service (DaaS) accounts for 30% of revenue, offering aerial surveys, inspection services, construction monitoring, and disaster response. Clients include L&T, Tata Projects, Reliance, Mahindra Susten, and multiple government agencies.
- The business generated INR 5.6 crore in revenue this year, with an average growth of 1.8x year-on-year over the last three years. It is projecting INR 44 crore in revenue within the next three years.
- It has served over 70 unique clients and contributed to major projects such as metro mapping (Ahmedabad, Surat, Bhopal, Indore), Swamitva and MIDC surveys, and emergency response during COVID and floods.
- The company also offers a proprietary GIS dashboard, a web-based drone data visualization platform used for land record management, construction monitoring, and geospatial analysis by clients like Sangli Municipal Corporation and Indospace.
- It owns more than seven proprietary technologies, including drone hardware models and GIS tools.
- The promoters bring 17 to 35 years of experience across IT, civil engineering, and software development.
- The company is now seeking to raise INR 8 crore to invest in product IP, AI development, software platforms, and team expansion.
- It competes with leading Indian drone tech companies such as IdeaForge and Garuda Aerospace.
- The business holds a valid GST certificate, Factory License and a Certificate of Incorporation.
Products & Services Overview
Top-selling product/service:- The core offering is drone hardware, including advanced VTOL (vertical take-off and landing) drones like Saaras and Seagul, multirotor drones such as Falcon and Kingfisher, and autonomous USV (unmanned surface vehicle) boats for bathymetric surveys.
- These drones are equipped with high-precision sensors and cameras to capture geospatial, thermal, and topographic data across vast and inaccessible terrains.
- VTOL drones are favoured by infrastructure firms and urban planners for metro and road corridor mapping due to their ability to cover long distances and take off/land in tight spaces.
- Multirotor drones are typically used by solar energy companies and utility firms for close-range inspections of solar panels, transmission lines, and wind turbines.
- USV boats are deployed by government agencies and engineering consultants to conduct bathymetric (underwater depth) surveys of reservoirs, rivers, dams, and flood-prone zones.
- These drone systems are often bundled with proprietary GIS dashboard software, which helps clients visualize and analyse survey data in real time supporting faster decisions in construction, compliance, and asset maintenance.
- Key buyers and users include L&T, Reliance, Tata Projects, Mahindra Susten, Chevrox, and various state and municipal departments involved in public infrastructure, mining, utilities, and disaster management.
- The combination of high-end drone hardware and actionable GIS software makes this product suite highly valuable for clients looking to reduce manual surveying costs, increase accuracy, and improve project timelines.
Assets Overview
Tangible - 4 drones, 1 boat and office furniture.Intangible - 1 GIS platform.
Facilities Overview
We have a head office in Ahmedabad, but the maximum staff work from Pune.
Capitalization Overview
We don't have any external loans. Only the founder's equity money is standing as a loan. Founders have 88% holding (with 4% in ESOP), the rest is with the 1st round angel investor.
Recent Activity
-
1 day, 12 hours agoManaging Partner, Management, Mumbai, Individual Investor / Buyer connected with the Business
-
2 days, 12 hours agoHedger, Wealth Management Services, Chennai, Individual Investor / Buyer connected with the Business
-
3 days, 3 hours agoProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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.
You might also be interested in these businesses