When was IoTechWorld founded?

IoTechWorld was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is IoTechWorld located?

IoTechWorld is headquartered in Gurugram, India. It is registered at Plot No. 31 & 34, Sector 35, Phase VI, Narsinghpur, Gurgaon, Narsinghpur, Haryana, India, 122004.

Which legal entities is IoTechWorld associated with?

IoTechWorld is associated with IOTECHWORLD AVIGATION PRIVATE LIMITED.

How many employees does IoTechWorld have?

As of Aug 31, 2025, the latest employee count at IoTechWorld is 114.

Is IoTechWorld a funded company?

IoTechWorld is a funded company, having raised a total of $4.01M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 03, 2021.

How much is IoTechWorld worth?

The latest valuation of IoTechWorld is $***** as of Feb 27, 2023.

When was the latest funding round of IoTechWorld?

IoTechWorld's latest funding was a $***** Seed round on Feb 27, 2023, with participation from 2 investors.

What is the annual revenue of IoTechWorld?

Annual revenue of IoTechWorld is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does IoTechWorld rank among its competitors?

IoTechWorld ranks 155th amongst 790 active competitors, of which 130 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Vivent Biosignals, which secured $8.64M in Nov, 2025.

Who are the top competitors of IoTechWorld?

IoTechWorld's top competitors include The Climate, Fyllo and Ceres AI. Among them, Vivent Biosignals secured the most recent funding round in November, 2025.

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

Company Details

Manufacturer of agricultural and industrial unmanned aerial drones and components. This organization designs and produces unmanned aerial vehicles for agricultural spraying, mapping, monitoring, surveillance, and related industrial applications, as well as the core components and accessories that support these platforms. Its products include crop-spraying drones with integrated safety systems, multirotor platforms for aerial data capture, and modular parts such as motors, flight controllers, batteries, and radar sensors that enable customized aerial solutions.

Website: iotechworld.com
Social
Email ID: *****@iotechworld.com
Phone Number: +91 **********
Registered Address: Plot No. 31 & 34, Sector 35, Phase VI, Narsinghpur, Gurgaon, Narsinghpur, Haryana, India, 122004

Key Metrics

Founded Year

2017

Location

Gurugram, India

Stage

Seed

Total Funding

$4.01M in 2 rounds

Latest Funding Round

Seed, Feb 27, 2023, $*****

Post Money Valuation

$***** as on Feb 27, 2023

Investors

Dhanuka Agritech & 2 more

Ranked

155^th among 790 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

114 as on Aug 31, 2025

Similar Companies

Aerobotics & 395 more

View IoTechWorld's full profile

IoTechWorld is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IOTECHWORLD AVIGATION PRIVATE LIMITED CIN: U74999HR2017PTC068600 , India, Active	Apr 17, 2017	₹50 - ₹100 Cr (As on Mar 31, 2025)	92 (As on Feb 01, 2026)

IoTechWorld has raised a total funding of $4.01M over 2 rounds. Its first funding round was on Sep 03, 2021. Its latest funding round was a Seed round on Feb 27, 2023 for $*****. 2 investors participated in its latest round. IoTechWorld has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of IoTechWorld:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 27, 2023	3634271	Seed	2704626	4721229	4312728	9341562
Sep 03, 2021	9534927	Seed	1049655	2944200	Dhanuka Agritech	KiaOra Ventures

Access funding benchmarks and valuations. Sign up today!

View details of IoTechWorld's funding rounds and investors

IoTechWorld's Board of Directors

IoTechWorld's board has 3 active members. Deepak Bhardwaj, Vinod Kumar Bansal and Anoop Kumar Upadhyay are independent board members.

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

Name	Type	Representing	Status	Duration
Vinod Kumar Bansal	Independent board member	-	Current	4y 11m
uqqwcwk	Independent board member	-	Current	3y 3m
snqkjtk	Independent board member	-	Past	3y 9m

IoTechWorld's employee count trend

IoTechWorld has 114 employees as of Aug 25. The total employee count is 23.0% lower than what it was in Aug 24. Here is IoTechWorld's employee count trend over the years:

Uncover IoTechWorld's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of IoTechWorld include The Climate, Fyllo and Ceres AI. Here is the list of Top 10 competitors of IoTechWorld, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	The Climate 2006, St. Louis (United States), Acquired	Digital farming solutions to maximize results and empower farmers	$109M	Index Ventures, New Enterprise Associates ... & 19 others	66/100
2nd	Fyllo 2019, Bengaluru (India), Series A	Next-gen agri-intelligence platform using soil, climate, crop sensors, AI analytics, and mobile apps	$6.52M	Shri Goel Investments, India Quotient & 69 others	66/100
3rd	Ceres AI 2014, Oakland (United States), Series D	AI-powered aerial imagery for sustainable agriculture, risk management, and optimized resource use	$96.8M	REMUS, Insight Partners & 18 others	65/100
4th	Aerobotics 2014, Cape Town (South Africa), Series B	AI-powered yield forecasting for fruit growers, packers, and marketers	$27.1M	Naspers, Nedbank & 21 others	65/100
5th	Pyka 2016, Palo Alto (United States), Series B	Autonomous electric aircraft for agriculture, cargo, and defense applications	$88.1M	Obvious Ventures, Prelude Ventures & 17 others	64/100
6th	Garuda Aerospace 2015, Chennai (India), Series B	Provider of unmanned aerial vehicles for agricultural and industrial applications	$49.5M	Venture Catalysts, Balancekey Advisors & 172 others	64/100
7th	Marut Drones 2019, Hyderabad (India), Series A	Manufacturer of drones for agriculture, training, afforestation, and mosquito eradication	$6.35M	Lok Capital, Clay Capital & 15 others	61/100
8th	IntelinAir 2015, San Jose (United States), Series B	Aerial data insights for agronomic decisions, nitrogen management, and field scouting	$24.5M	Western Technology Investment, Hyde Park Venture Partners ... & 9 others	61/100
9th	Sentera 2014, Saint Paul (United States), Acquired	Developer of precision agriculture technology providing imagery and data-driven insights	$54.7M	S2G Investments, CDPQ & 8 others	61/100
10th	Vivent Biosignals 2012, Gland (Switzerland), Series A	Provider of artificial intelligence solution to decipher plant signals and provides crop health insights directly from plants	$8.64M	AIF, Pymwymic & 3 others	58/100
155th	IoTechWorld 2017, Gurugram (India), Seed	Manufacturer of agricultural and industrial unmanned aerial drones and components	$4.01M	KiaOra Ventures, Dhanuka Agritech & 1 others	31/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

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

Founders (largest shareholder) own 80.55%, Funds own 0.25%, Enterprises own 14.97% and ESOP Pool own 4.24%. The net worth of IoTechWorld's founders is INR 161Cr as of Feb 27, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	80.55%	161Cr	2991751	5779586	5645483	6295702
Fund	0.25%	50.1L	0	0	0	0
KiaOra Ventures	0	0	0	0	0	0
Enterprise	14.97%	30Cr	4469909	5217007	6280618	9817040
ESOP Pool	4.24%	8.49Cr	4306	9696	7470	4705
Total	100.00%	200Cr	9967294	1398590	8199897	4204555