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Indrajaal - About the company

Indrajaal is a seed company based in Hyderabad (India), founded in 2022 by Sunil Kalidindi, Sai Mallela and Kiran Raju Penumacha. It operates as a Deep-tech defence technology platform that develops AI-powered counter-drone and airspace security systems. Indrajaal has raised $7.34M in funding from investors like India Accelerator, Finvolve and Nawanagar Neovest, with a current valuation of *****. The company has 227 active competitors, including 52 funded and 23 that have exited. Its top competitors include companies like Epirus, Zen Technologies and Big Bang Boom Solutions.

Company Details

Deep-tech defence technology platform that develops AI-powered counter-drone and airspace security systems. It is designed to secure airspace against modern drone threats. It builds integrated systems that combine artificial intelligence, radar surveillance, signal intelligence, jamming, spoofing, and interception technologies to detect, track, and neutralize unauthorized drones. It offers a range of modular solutions, including stationary, mobile, portable, and maritime defence systems.
Social
XFacebook
Email ID
*****@indrajaal.in
Phone Number
+91 **********
Part Of
Registered Address
PLOT 437, ROAD NO. 20, JUBILEE HILLS, Jubilee Hills, Hyderabad, Shaikpet, Telangana, India, 500033
Key Metrics
Founded Year
2022
Location
Hyderabad, India
Stage
Seed
Total Funding
$7.34M in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on Mar 06, 2026
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
17 as on Aug 31, 2025
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Indrajaal's funding and investors

Indrajaal has raised a total funding of $7.34M over 2 rounds. Its first funding round was on Oct 16, 2024. Its latest funding round was a Seed round on Apr 12, 2025 for $*****. 10 investors participated in its latest round. Indrajaal has 10 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Indrajaal:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 12, 2025
1800085
Seed
9983379
8429254
3526893
8920166
Oct 16, 2024
4932519
Seed
2619653
5145411
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Indrajaal's founders and board of directors

Founder? Claim Profile
The founders of Indrajaal are Sunil Kalidindi, Sai Mallela and Kiran Raju Penumacha. Kiran Raju Penumacha is the CEO of Indrajaal.
Here are the details of Indrajaal's key team members:

Indrajaal's Board of Directors

Indrajaal's board has 5 active members. Sunil Kalidindi, Sai Mallela, Kiran Raju Penumacha, Arindam Mukhopadhyay and Vamsi Vellanki are part of team.
Here is the list of Indrajaal's board of directors:
Name
Type
Representing
Status
Duration
dyounuo
Team
-
Past
4y 3m
msklpes
Team
-
Past
4y 9m
lc{zpnk
Team
-
Past
5y 7m
ldntoc{
Team
-
Past
8y 9m
Investor
-
Current
1y 3m

Indrajaal's employee count trend

Indrajaal has 17 employees as of Aug 25. The total employee count is 113.0% more than what it was in Aug 24. Here is Indrajaal's employee count trend over the years:
Employee count trend for Indrajaal
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Indrajaal's Competitors and alternates

Top competitors of Indrajaal include Epirus, Zen Technologies and Big Bang Boom Solutions. Here is the list of Top 10 competitors of Indrajaal, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Epirus
Epirus
2017, Los Angeles (United States), Series D
Developer of high-power microwave systems for electronic warfare and air defense
$595M
67/100
2nd
Logo for Zen Technologies
Zen Technologies
1993, Hyderabad (India), Public
Provider of defence training simulators, combat training centers, and anti-drone systems
-
66/100
3rd
Logo for Big Bang Boom Solutions
Big Bang Boom Solutions
2018, Chennai (India), Series C
Provider of combat weapon systems
$37.7M
65/100
4th
Logo for DroneShield
DroneShield
2014, Herndon (United States), Public
Provider of AI-powered counter-drone systems
$26.2M
65/100
5th
Logo for Indrajaal
Indrajaal
2022, Hyderabad (India), Seed
Deep-tech defence technology platform that develops AI-powered counter-drone and airspace security systems
$7.34M
64/100
6th
Logo for D-Fend Solutions
D-Fend Solutions
2016, Netanya (Israel), Acquired
Developer of counter-drone systems for drone detection and mitigation purposes
$67M
64/100
7th
Logo for Allen Control Systems
Allen Control Systems
2024, Austin (United States), Series B
Provider of counter-drone robotic gun systems for military
$242M
64/100
8th
Logo for Fortem Technologies
Fortem Technologies
2016, Provo (United States), Series B
Developer of airspace security and defense solutions for drone threats
$94.1M
64/100
9th
Logo for CerbAir
CerbAir
2015, Orsay (France), Series A
Provider of technology for real-time detection and neutralization of drones
$7.83M
63/100
10th
Logo for SkySafe
SkySafe
2015, San Diego (United States), Series B
Provider of cloud-connected drone detection systems
$49M
61/100
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Indrajaal's Latest cap tables and shareholding

Founders own 2.23%, Funds own 9.85%, Parent Entities (largest shareholder) own 75.95% and Enterprises own 4.05%. The net worth of Indrajaal's founders is INR 6.89Cr as of Mar 06, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
2.23%
6.89Cr
71
59
95
55
5
5
8
4
3
2
8
2
1
3
2
2
Fund
9.85%
30.4Cr
8663444
3231093
3394471
3714934
570
102
573
841
697
789
57
76
83
93
52
29
Parent Entity
75.95%
234Cr
2043109
6851563
5919292
7129419
Enterprise
4.05%
12.5Cr
4095
8651
2928
9600
Angel
6.80%
21Cr
803112
581085
165955
771140
ESOP Pool
1.12%
3.45Cr
8
5
5
6
Total
100.00%
309Cr
2030017
9936620
7959793
4505629
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Indrajaal's Shareholding

Indrajaal's Investments and acquisitions

Indrajaal has made no investments or acquisitions yet.

Reports related to Indrajaal

Here is the latest report on Indrajaal:

News related to Indrajaal

Media has covered Indrajaal for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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