When was E-plane founded?

E-plane was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is E-plane located?

E-plane 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 E-plane associated with?

E-plane is associated with UBIFLY TECHNOLOGIES PRIVATE LIMITED.

How many employees does E-plane have?

As of Aug 31, 2025, the latest employee count at E-plane is 135.

Is E-plane a funded company?

E-plane is a funded company, having raised a total of $21.5M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 27, 2020.

How much is E-plane worth?

The latest valuation of E-plane is $***** as of Feb 20, 2025.

When was the latest funding round of E-plane?

E-plane's latest funding was a $***** Series B round on Oct 29, 2024, with participation from 36 investors.

What is the annual revenue of E-plane?

Annual revenue of E-plane is ₹2.19Cr as on Mar 31, 2025.

Where does E-plane rank among its competitors?

E-plane ranks 2nd amongst 285 active competitors, of which 62 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Archer, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of E-plane?

E-plane's top competitors include Ehang, Archer and Aurora. Among them, Archer secured the most recent funding round in December, 2025.

E-plane - 2026 Company Profile, Team, Funding, Competitors & Financials

E-plane is a series B company based in Chennai (India), founded in 2019 by Satya Chakravarthy and Pranjal Mehta. It operates as a Developer of electric vertical takeoff and landing aircraft for urban air mobility. E-plane has raised $21.5M in funding from investors like Speciale Invest, Micelio and Antares Ventures, with a current valuation of $*****. The company has 285 active competitors, including 62 funded and 18 that have exited. Its top competitors include companies like Ehang, Archer and Aurora.

Company Details

Developer of electric vertical takeoff and landing aircraft for urban air mobility. This company designs and manufactures electric air taxis intended to alleviate traffic congestion. The aircraft are designed for intra-city travel, offering a faster, quieter, and more sustainable alternative to traditional transportation methods. The focus is on creating a safe and efficient aerial mobility solution for both passengers and cargo.

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

$21.5M in 8 rounds

Latest Funding Round

Series B, Oct 29, 2024, $*****

Post Money Valuation

$***** as on Feb 20, 2025

Investors

Speciale Invest & 78 more

Ranked

2^nd among 285 active competitors

Annual Revenue

₹2.19Cr as on Mar 31, 2025

Employee Count

135 as on Aug 31, 2025

Similar Companies

Ehang & 245 more

View E-plane's full profile

E-plane is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
UBIFLY TECHNOLOGIES PRIVATE LIMITED CIN: U74999TN2019PTC127771 , India, Active	Feb 28, 2019	$262K (As on Mar 31, 2025)	157 (As on Feb 01, 2026)

E-plane has raised a total funding of $21.5M over 8 rounds. Its first funding round was on Nov 27, 2020. Its latest funding round was a Series B round on Oct 29, 2024 for $*****. 36 investors participated in its latest round. E-plane has 42 institutional investors and 37 angel investors.

Here is the list of recent funding rounds of E-plane:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 29, 2024	7243008	Series B	9621819	6492699	7362097	8962111
2024	4563	Series B	3361	7490	3089	Valour Capital
Apr 20, 2023	2830082	Angel	5057864	3975645	2386330	Easwaran Sundaram

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View details of E-plane's funding rounds and investors

The founders of E-plane are Satya Chakravarthy and Pranjal Mehta.

Here are the details of E-plane's key team members:

Satya Chakravarthy: Co-Founder & CTO of E-plane and founder of 3 other companies, X2Fuels & Energy, GalaxEye and Aerostrovilos. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
Contact Info: 1 email address
Pranjal Mehta: Former Co-Founder & CEO of E-plane.
Contact Info: 1 email address

E-plane's Board of Directors

E-plane's board has 2 active members. Satya Chakravarthy is part of team and Jayakrishnan Ramaswamy is independent board member.

Here is the list of E-plane's board of directors:

Name	Type	Representing	Status	Duration
Satya Chakravarthy	Team	-	Current	7y 1m
Jayakrishnan Ramaswamy	Independent board member	-	Current	1y 11m
nvvukvd	Independent board member	-	Current	4y 1m

View details of E-plane's Founder profiles and Board Members

E-plane's employee count trend

E-plane has 135 employees as of Aug 25. The total employee count is 41.0% more than what it was in Aug 24. Here is E-plane's employee count trend over the years:

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Top competitors of E-plane include Ehang, Archer and Aurora. Here is the list of Top 10 competitors of E-plane, 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	GGV Capital, GP Capital & 13 others	77/100
2nd	E-plane 2019, Chennai (India), Series B	Developer of electric vertical takeoff and landing aircraft for urban air mobility	$21.5M	Anicut Capital, LetsVenture & 77 others	68/100
3rd	Archer 2018, San Jose (United States), Public	Developer of electric vertical takeoff and landing aircraft for commercial use	$1.93B	Silversmith Capital Partners, Access Industries ... & 16 others	67/100
4th	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
5th	BETA 2012, South Burlington (United States), Public	Manufacturer of electric aircraft, charging systems, and customized training programs	$1.66B	Fidelity Investments, Qatar Investment Authority ... & 14 others	66/100
6th	Joby Aviation 2009, Santa Cruz (United States), Public	Manufacturer of electric vertical takeoff and landing aircraft	$690M	Jimco, Capricorn & 21 others	66/100
7th	Volocopter 2011, Bruchsal (Germany), Acquired	Developer of electric vertical takeoff and landing aircraft for passenger transport	$726M	BlackRock, b2venture & 41 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 & 31 others	64/100
10th	Lilium 2015, Wessling (Germany), Public	Platform offering electric aircraft development and aviation services	$375M	Tencent, Baillie Gifford & 21 others	63/100

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Founders own 33.55%, Funds (largest shareholder) own 52.11%, Enterprises own 1.93% and Angels own 8.81%. The net worth of E-plane's founders is INR 129Cr as of Feb 20, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	33.55%	129Cr	1525551	8963007	7644134	2545792
Satya Chakravarthy	4599540	5999715	4465333	6372470	1504737	8430606
Pranjal Mehta	807	101	206	936	855	861
Fund	52.11%	200Cr	5317880	9551948	1500064	1859925
Speciale Invest	4897152	4664279	3130006	3722154	8670302	9618351
Micelio	2494	1374	1801	7141	5116	8051
Enterprise	1.93%	7.42Cr	7	3	4	4
Angel	8.81%	34Cr	2283521	5587542	9778934	6983767
Easwaran Sundaram	0	0	0	0	0	0
ESOP Pool	3.56%	13.6Cr	398	760	563	524
Total	99.96%	384Cr	9164113	3712787	1994410	1112768