When was Drona Aviation founded?

Drona Aviation was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Drona Aviation located?

Drona Aviation is headquartered in Mumbai, India. It is registered at 2nd Floor, Unit No. 111, ScreenGraph, Pokhran Street, Punjani Industrial Estate, Thane, Thane, Thane, Maharashtra, India, 400601.

Which legal entities is Drona Aviation associated with?

Drona Aviation is associated with DRONA AVIATION PRIVATE LIMITED.

How many employees does Drona Aviation have?

As of Sep 30, 2026, the latest employee count at Drona Aviation is 27.

Is Drona Aviation a funded company?

Drona Aviation is a funded company, having raised a total of $222K across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jul 25, 2015.

How much is Drona Aviation worth?

The latest valuation of Drona Aviation is $***** as of Sep 14, 2020. This marks a decline of 14% from its peak valuation of $1.59M in Jul, 2015. This marks a decline of 14% from its peak valuation of $1.59M in Jul, 2015.

When was the latest funding round of Drona Aviation?

Drona Aviation's latest funding was a $***** Seed round on Sep 14, 2020, with participation from 1 investor. Its primary sector is Drones. In India, the Drones sector has seen $131M in funding in 2026 to date.

What is the annual revenue of Drona Aviation?

Annual revenue of Drona Aviation is less than ₹10 Cr as on Mar 31, 2025

Where does Drona Aviation rank among its competitors?

Drona Aviation ranks 1st amongst 13 active competitors, only 1 of which is funded., of which only Drona Aviation is funded and secured an undisclosed amount in Sep, 2020.

Who are the top competitors of Drona Aviation?

Drona Aviation's top competitors include Electrobotic, IZI and NOT Drones. Among them, Drona Aviation secured the most recent funding round in September, 2020.

Drona Aviation - 2026 Company Profile, Team, Funding, Competitors & Financials

Drona Aviation is a seed company based in Mumbai (India), founded in 2014 by Dinesh Sain, Prasanna Shevare, Gaurav Vinayak Tendolkar and Apurva Godbole. It operates as a Company designing and manufacturing consumer nano drones. Drona Aviation has raised $222K in funding from investors like Globevestor, SINE and Qualzen, with a current valuation of $*****. The company has 13 active competitors, including 1 that is funded. Its top competitors include companies like Electrobotic, IZI and NOT Drones.

Company Details

Company designing and manufacturing consumer nano drones. Working on a few projects such as self-charging drones, advertising drones, crowd-monitoring drones, lifeguard drones, and aerial cinematography. Products can be used for flying, photography, cinematography, selfies, and others. Also makes hardware and software for developers to build their apps.

Website: www.dronaaviation.com/
Social
Email ID: *****@dronaaviation.com, *****@dronaaviation.com
Phone Number: +91 **********
Registered Address: 2nd Floor, Unit No. 111, ScreenGraph, Pokhran Street, Punjani Industrial Estate, Thane, Thane, Thane, Maharashtra, India, 400601

Key Metrics

Founded Year

2014

Location

Mumbai, India

Stage

Seed

Total Funding

$222K in 5 rounds

Latest Funding Round

Seed, Sep 14, 2020, $*****

Post Money Valuation

$***** as on Sep 14, 2020

Investors

Globevestor & 12 more

Ranked

1^st among 13 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

27 as on Sep 30, 2026

Similar Companies

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View Drona Aviation's full profile

Drona Aviation is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
DRONA AVIATION PRIVATE LIMITED CIN: U29219MH2014PTC259689 , India, Active	Nov 25, 2014	0 - ₹10 Cr (As on Mar 31, 2025)	-

Drona Aviation has raised a total funding of $222K over 5 rounds. Its first funding round was on Jul 25, 2015. Its latest funding round was a Seed round on Sep 14, 2020 for $*****. 1 investor participated in its latest round. Drona Aviation has 3 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Drona Aviation:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 14, 2020	6474074	Seed	9055935	3771035	3103298	7799890
Apr 05, 2018	4011554	Seed	1921637	7974660	5475671	SINE & 1 more
Feb 22, 2017	2794813	Seed	2152683	3015686	Globevestor	SINE & 10 more

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View details of Drona Aviation's funding rounds and investors

The founders of Drona Aviation are Dinesh Sain, Prasanna Shevare, Gaurav Vinayak Tendolkar and Apurva Godbole.

Here are the details of Drona Aviation's key team members:

Dinesh Sain: Co-Founder of Drona Aviation. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Prasanna Shevare: Former Co-Founder of Drona Aviation. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Gaurav Vinayak Tendolkar: Co-Founder of Drona Aviation. They serve on the board of 1 company.
Apurva Godbole: Co-founder and Director of Drona Aviation.

Drona Aviation's Board of Directors

Drona Aviation's board has 3 active members. Dinesh Sain, Prasanna Shevare and Apurva Anil Godbole are part of team.

Here is the list of Drona Aviation's board of directors:

Name	Type	Representing	Status	Duration
Dinesh Sain	Team	-	Current	11y 5m
Prasanna Shevare	Team	-	Current	11y 11m
Apurva Anil Godbole	Team	-	Current	11y 11m
jlenyrp	Team	-	Past	3y 5m

View details of Drona Aviation's Founder profiles and Board Members

Drona Aviation's employee count trend

Drona Aviation has 27 employees as of Sep 26. Here is Drona Aviation's employee count trend over the years:

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Top competitors of Drona Aviation include Electrobotic, IZI and NOT Drones. Here is the list of Top 10 competitors of Drona Aviation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Drona Aviation 2014, Mumbai (India), Seed	Company designing and manufacturing consumer nano drones	$222K	Globevestor, SINE & 11 others	50/100
2nd	Electrobotic 2017, Ahmedabad (India), Unfunded	Provider of camera-based drone systems for consumers	-	-	40/100
3rd	IZI 2018, Bhopal (India), Unfunded	An online retailer of drones and accessories	-	-	38/100
4th	NOT Drones 2024, Thane (India), Unfunded	Manufacturer of precision-engineered camera drones and related support services	-	-	38/100
5th	Falcon Info Solutions 2022, Kota (India), Unfunded	Provider of agricultural analytics drone technology and construction modeling services	-	-	28/100
6th	Mota 1999, San Jose (United States), Deadpooled	Wearables, Drones and 3D Printer manufaturing	-	-	27/100
7th	Qoptars 2020, Hyderabad (India), Unfunded	Manufacturer of autonomous drones for defense, industrial, and agricultural applications	-	-	25/100
8th	Lumin Aerospace 2024, Roorkee (India), Unfunded	Manufacturer of semi and fully autonomous drones and control systems	-	-	23/100
9th	Dronezone Delhi (India), Unfunded	Manufacturer of in-house designed, cost-effective drones for aerial content creation	-	-	20/100
10th	Falco Robotics India, Unfunded	Manufacturer and supplier of camera drones and related accessories	-	-	18/100

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DRONA AVIATION PRIVATE LIMITED, the legal entity associated with Drona Aviation, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of DRONA AVIATION PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 1% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	8377	5926	3450	3093	4016
Total Sales	6286	1175	1317	9509	8371
Total Expenses	5702	9449	7238	5136	8658
Operating Expenses	5123	8128	7020	6832	1570
Employee Expenses	5034	9696	1475	9980	6721
Operating Income (EBIT)	3989	8458	2223	6196	3711
Interest Expenses	3604	4492	1672	5899	8515
Expenses from other activities	5660	6938	3875	6804	1322
EBITDA	2329	9350	1379	7726	9728
Taxes	6592	1375	6889	5276	6965
Net Profit	6163	5063	3967	5242	2357
Balance Sheet
Assets	2803	3304	3392	8751	4841
Accounts Receivables	5056	1230	2573	5813	3635
Inventory	8018	9879	7000	5936	2052
Liabilities	6092	1895	6498	9763	2395
Total Debt	8398	9730	1620	9713	6330
Accounts Payable	6640	1547	7963	5656	2026
Equities	6176	5097	4286	3011	3193