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.

Who is the current CEO of E-plane?

Pranjal Mehta of E-plane. They are also an angel investors in 1 startup.

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 less than ₹10 Cr as on Mar 31, 2025

Where does E-plane rank among its competitors?

E-plane ranks 3rd amongst 284 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, Joby Aviation and Aurora. Among them, Archer secured the most recent funding round in December, 2025.

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

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

3^rd among 284 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

135 as on Aug 31, 2025

Similar Companies

Ehang & 246 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: U72100TN2019PTC127771 , India, Active	Feb 28, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	159 (As on May 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	4131967	Series B	8166046	3423128	2859748	4704408
2024	1026	Series B	5360	3041	4381	Valour Capital
Apr 20, 2023	1904459	Angel	3924563	1742687	5524669	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 1 startup and serve on the boards of 2 companies.
Contact Info: 1 email address
Pranjal Mehta: Former Co-Founder & CEO of E-plane. They are also an angel investor in 1 startup.
Contact Info: 1 email address

E-plane's Board of Directors

E-plane's board has 3 active members. Satya Chakravarthy is part of team and Jayakrishnan Ramaswamy and Aditya Ghosh are independent board members.

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

Name	Type	Representing	Status	Duration
Satya Chakravarthy	Team	-	Current	7y 3m
Jayakrishnan Ramaswamy	Independent board member	-	Current	2y 1m
p{rhfcc	Independent board member	-	Current	3y 8m

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, Joby Aviation 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	76/100
2nd	Joby Aviation 2009, Santa Cruz (United States), Public	Manufacturer of electric vertical takeoff and landing aircraft	$690M	Jimco, Capricorn & 24 others	75/100
3rd	E-plane 2019, Chennai (India), Series B	Developer of electric vertical takeoff and landing aircraft for urban air mobility	$21.5M	3one4 Capital, Suashish & 77 others	68/100
4th	Aurora 1989, Manassas (United States), Acquired	Developer of advanced aircraft and enabling technologies for government and commercial sectors	$6.85M	CYwP Funds, National Science Foundation & 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 ... & 15 others	66/100
6th	Volocopter 2011, Bruchsal (Germany), Acquired	Provider of electric vertical takeoff and landing passenger transport aircraft	$726M	BlackRock, b2venture & 41 others	66/100
7th	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 ... & 16 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	Odys Aviation 2019, Long Beach (United States), Series A	Designer and manufacturer of a VTOL aircraft	$38.5M	Countdown Capital, Giant Ventures & 15 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	5472452	3997259	3496072	2205816
Satya Chakravarthy	1568287	3826381	4743875	7034402	6329691	6429443
Pranjal Mehta	297	657	247	879	518	729
Fund	52.11%	200Cr	3613490	3431625	1507533	8138489
Speciale Invest	3466451	6910169	6671482	9210086	1463352	7183910
Micelio	6029	4464	4594	3223	9049	8032
Enterprise	1.93%	7.42Cr	1	8	2	8
Angel	8.81%	34Cr	6216532	2684666	6947959	9382694
Easwaran Sundaram	0	0	0	0	0	0
ESOP Pool	3.56%	13.6Cr	995	428	734	312
Total	99.96%	384Cr	1605766	7035305	3312048	1628613