When was ePlane founded?

ePlane was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is ePlane located?

ePlane is headquartered in Chennai, India. It is registered at IIT Madras Research Park, No. 1 FA, I Floor, Kanagam Road, Taramani, Adayar, Chennai, CHENNAI, Tamil Nadu, India, 600113.

Which legal entities is ePlane associated with?

ePlane is associated with UBIFLY TECHNOLOGIES PRIVATE LIMITED.

How many employees does ePlane have?

As of May 01, 2026, the latest employee count at ePlane is 159.

Is ePlane a funded company?

ePlane is a funded company, having raised a total of $29.5M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 02, 2020.

How much is ePlane worth?

The latest valuation of ePlane is ₹***** as of Sep 24, 2026.

When was the latest funding round of ePlane?

ePlane's latest funding was a $***** Series B round on Dec 24, 2025, with participation from 9 investors.

What is the annual revenue of ePlane?

Annual revenue of ePlane is less than ₹10 Cr as on Mar 31, 2026

Where does ePlane rank among its competitors?

ePlane ranks 4th amongst 311 active competitors, of which 64 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was ePlane, which secured $8.86M in Dec, 2025.

Who are the top competitors of ePlane?

ePlane's top competitors include Ehang, Joby Aviation and BETA. Among them, ePlane secured the most recent funding round in December, 2025.

ePlane - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of electric vertical takeoff and landing aircraft for urban air mobility. The company designs and manufactures compact electric aircraft engineered for passenger transport, emergency medical services, and cargo logistics. These vehicles utilize existing infrastructure such as helipads and rooftops to facilitate efficient transit within urban environments. The technology focuses on vertical takeoff and landing capabilities, integrating advanced propulsion systems and flight control architectures to support safe and scalable aerial operations.

Website: eplane.ai
Social
Email ID: *****@eplane.ai
Registered Address: IIT Madras Research Park, No. 1 FA, I Floor, Kanagam Road, Taramani, Adayar, Chennai, CHENNAI, Tamil Nadu, India, 600113

Key Metrics

Founded Year

2019

Location

Chennai, India

Stage

Series B

Total Funding

$29.5M in 10 rounds

Latest Funding Round

Series B, Dec 24, 2025, $*****

Post Money Valuation

₹***** as on Sep 24, 2026

Investors

Speciale Invest & 93 more

Ranked

4^th among 311 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2026

Employee Count

159 as on May 01, 2026

Similar Companies

Ehang & 250 more

View ePlane's full profile

ePlane is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
UBIFLY TECHNOLOGIES PRIVATE LIMITED CIN: U72100TN2019PTC127771 , India, Active	Feb 28, 2019	0 - ₹10 Cr (As on Mar 31, 2026)	159 (As on May 01, 2026)

ePlane has raised a total funding of $29.5M over 10 rounds. Its first funding round was on Dec 02, 2020. Its latest funding round was a Series B round on Dec 24, 2025 for $*****. 9 investors participated in its latest round. ePlane has 48 institutional investors and 46 angel investors.

Here is the list of recent funding rounds of ePlane:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 24, 2025	5582651	Series B	8103355	9064412	5976858	3090150
Oct 09, 2025	3432159	Series B	1468189	5591696	4955286	7031692
Oct 29, 2024	2210489	Series B	8406763	9249889	Speciale Invest & 1 more	Micelio & 32 more

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View details of ePlane's funding rounds and investors

The founders of ePlane are Satyanarayanan Raghuraman Chakravarthy and Pranjal Mehta. Adel Meheisen is the CEO of ePlane.

Here are the details of ePlane's key team members:

Satyanarayanan Raghuraman Chakravarthy: Co-Founder & CTO of ePlane and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
Pranjal Mehta: Former Co-Founder of ePlane. They are also an angel investor in 1 startup.

ePlane's Board of Directors

ePlane's board has 3 active members. Satyanarayanan Raghuraman Chakravarthy is part of team and Jayakrishnan Ramaswamy and Aditya Ghosh are independent board members.

Here is the list of ePlane's board of directors:

Name	Type	Representing	Status	Duration
Satyanarayanan Raghuraman Chakravarthy	Team	-	Current	7y 7m
Jayakrishnan Ramaswamy	Independent board member	-	Current	2y 5m
zxfzjqx	Independent board member	-	Current	4y 8m

View details of ePlane's Founder profiles and Board Members

ePlane's employee count trend

ePlane has 159 employees as of May 26. The total employee count is 15.0% more than what it was in May 25. Here is ePlane's employee count trend over the years:

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Top competitors of ePlane include Ehang, Joby Aviation and BETA. Here is the list of Top 10 competitors of ePlane, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ehang 2014, Guangzhou (China), Public	Developer of autonomous aerial vehicles and related command and control systems	$52M	Granite Asia, GP Capital & 14 others	76/100
2nd	Joby Aviation 2009, Santa Cruz (United States), Public	Manufacturer of electric vertical takeoff and landing aircraft	$690M	Capricorn, Jimco & 26 others	75/100
3rd	BETA 2012, South Burlington (United States), Public	Manufacturer of electric aircraft, charging systems, and customized training programs	$1.66B	Fidelity Investments, Qatar Investment Authority ... & 16 others	74/100
4th	ePlane 2019, Chennai (India), Series B	Developer of electric vertical takeoff and landing aircraft for urban air mobility	$29.5M	3one4 Capital, Valour Capital & 92 others	68/100
5th	Archer 2018, San Jose (United States), Public	Developer of electric vertical takeoff and landing aircraft for commercial use	$1.93B	Access Industries, Silversmith Capital Partners ... & 17 others	68/100
6th	Aurora 1989, Manassas (United States), Acquired	Developer of advanced aircraft and enabling technologies for government and commercial sectors	$6.85M	CYwP Funds, Global Environment Fund & 2 others	67/100
7th	Volocopter 2011, Bruchsal (Germany), Acquired	Provider of electric vertical takeoff and landing passenger transport aircraft	$726M	Mercedes-Benz, BlackRock & 42 others	66/100
8th	Wisk 2019, Mountain View (United States), Acquired	Developer of autonomous electric aerial vertical take-off and landing vehicles	$450M	Boeing, Kitty Hawk & 1 others	65/100
9th	Elroy Air 2016, San Francisco (United States), Series B	Autonomous aircraft systems for cargo delivery purposes	$116M	Levitate Capital, Shasta Ventures & 32 others	63/100
10th	Lilium 2015, Wessling (Germany), Public	Platform offering electric aircraft development and aviation services	$375M	Tencent, Baillie Gifford & 23 others	63/100

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Looking for more details on ePlane's competitors? Click here to see the top ones

UBIFLY TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with ePlane, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of UBIFLY TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 121% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	8934	3987	2272	2338	4720
Total Sales	4262	6212	6851	8430	3029
Total Expenses	5018	3494	2116	1402	1371
Operating Expenses	3288	7037	4937	6586	8923
Employee Expenses	6287	2963	3058	9529	7633
Operating Income (EBIT)	4218	8291	2463	7173	7778
Interest Expenses	1251	5581	6640	3106	2503
Expenses from other activities	3032	6953	6679	6868	8341
EBITDA	3061	8465	7070	6811	2799
Taxes	6685	1364	4703	7562	9029
Net Profit	4742	1799	6065	9618	7755
Balance Sheet
Assets	1912	7420	8450	5661	2377
Accounts Receivables	2895	7389	2853	5566	4541
Inventory	2335	2164	3340	4316	7852
Liabilities	4173	1258	9849	9693	8950
Total Debt	1398	1030	2889	1419	2639
Accounts Payable	7038	3308	6624	9707	5444
Equities	5444	5225	9292	3058	1336

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 26.40%, Funds (largest shareholder) own 53.72%, Enterprises own 3.12% and Angels own 11.33%. The net worth of ePlane's founders is INR 187Cr as of Sep 24, 2026. The cap table displayed below is for UBIFLY TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with ePlane.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	26.40%	187Cr	5354643	5981916	7412318	9304508
Satyanarayanan Raghuraman Chakravarthy	5281877	3974676	5476761	9044720	5262199	5686358
Fund	53.72%	381Cr	1808704	9079177	7281003	8214371
Speciale Invest	2390077	1314028	8599434	3942637	2740180	9175014
Enterprise	3.12%	22.2Cr	904	768	199	460
Angel	11.33%	80.3Cr	9179582	8114602	7382035	2926124
Saket Agarwal	0	0	0	0	0	0
Easwaran Sundaram	0	0	0	0	0	0
Other People	2.71%	19.2Cr	69	70	17	13
ESOP Pool	2.73%	19.3Cr	68	62	10	18
Total	100.00%	709Cr	5843094	5543336	8010944	1663460