When was Navalt founded?

Navalt was founded in 2013 and raised its 1st funding round 8 years after it was founded.

Where is Navalt located?

Navalt is headquartered in Kochi, India. It is registered at Ward 4, Building No 441 Thrikkakara Municipality, Ernakulam, Ernakulam, Ernakulam, Kerala, India, 682024.

Who is the current CEO of Navalt?

Sandith Thandasherry of Navalt. They have also founded 1 company.

Which legal entities is Navalt associated with?

Navalt is associated with NAVALT SOLAR & ELECTRIC BOATS PRIVATE LIMITED and 2 others.

How many employees does Navalt have?

As of May 31, 2026, the latest employee count at Navalt is 105.

Is Navalt a funded company?

Navalt is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2021.

When was the latest funding round of Navalt?

Navalt's latest funding was a $***** PE round on Jul 29, 2025, with participation from 1 investor.

What is the annual revenue of Navalt?

Annual revenue of Navalt is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Navalt rank among its competitors?

Navalt ranks 3rd amongst 31 active competitors, of which 5 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Navalt, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Navalt?

Navalt's top competitors include Saildrone, Energy Observer and Open Ocean Robotics. Among them, Navalt secured the most recent funding round in July, 2025.

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

Company Details

Manufacturer of solar-electric and hybrid vessels for passenger, cargo, and defense. The company provides vessels for tourism, passenger transport, fishing, and vehicle transport. It also offers electric tugs, dredgers, and fishing vessels. The company focuses on reducing emissions and embracing cleaner technology in maritime transportation.

Website: navaltboats.com
Social
Email ID: *****@navalt.in
Phone Number: +91 **********
Registered Address: Ward 4, Building No 441 Thrikkakara Municipality, Ernakulam, Ernakulam, Ernakulam, Kerala, India, 682024

Key Metrics

Founded Year

2013

Location

Kochi, India

Stage

Late Stage

Latest Funding Round

PE, Jul 29, 2025, $*****

Investors

Villgro & 3 more

Ranked

3^rd among 31 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

105 as on May 31, 2026

Similar Companies

Saildrone & 36 more

View Navalt's full profile

Navalt is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Navalt Limited. CIN: 14768065 , United Kingdom, Active	Mar 29, 2023	-	-
NAVGATHI MARINE DESIGN & CONSTRUCTIONS PRIVATE LIMITED CIN: U35100KL2008PTC021753 , India, Active	Jan 28, 2008	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
NAVALT SOLAR & ELECTRIC BOATS PRIVATE LIMITED CIN: U35100KL2013PTC035281 , India, Active	Oct 24, 2013	₹10 - ₹50 Cr (As on Mar 31, 2025)	3 (As on Mar 01, 2026)

Navalt has raised funding over 2 rounds. Its first funding round was on 2021. Its latest funding round was a PE round on Jul 29, 2025 for $*****. 1 investor participated in its latest round. Navalt has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Navalt:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2025	7041731	PE	7313884	1848197	7982054	7857328
2021	4268	Grant (prize money)	4857	8972	4244	Shell Foundation & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Navalt's funding rounds and investors

The founders of Navalt is Sandith Thandasherry. Sandith Thandasherry is the CEO of Navalt.

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

Sandith Thandasherry: Founder & CEO of Navalt. They serve on the board of 1 company.
Contact Info: 1 email address

Navalt's Board of Directors

Navalt's board has 2 active members. Sandith Thandasherry is part of team and Remitha Kuttiparambil Madhu is independent board member.

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

Name	Type	Representing	Status	Duration
Sandith Thandasherry	Team	-	Current	12y 10m
Remitha Kuttiparambil Madhu	Independent board member	-	Current	11y 11m

View details of Navalt's Founder profiles and Board Members

Navalt's employee count trend

Navalt has 105 employees as of May 26. Here is Navalt's employee count trend over the years:

Uncover Navalt'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 Navalt include Saildrone, Energy Observer and Open Ocean Robotics. Here is the list of Top 10 competitors of Navalt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Saildrone 2012, Alameda (United States), Series C	Developer of autonomous unmanned surface vehicle	$325M	Bond Capital, Horizons Ventures & 23 others	64/100
2nd	Energy Observer 2013, Saint Malo (France), Unfunded	Developer of solutions for ecological transition focusing on renewable energy	-	-	49/100
3rd	Navalt 2013, Kochi (India), Late Stage	Manufacturer of solar-electric and hybrid vessels for passenger, cargo, and defense	-	Villgro, BanyanTree Finance & 2 others	47/100
4th	Open Ocean Robotics 2018, Victoria (Canada), Seed	Developer of autonomous uncrewed surface vehicles for maritime security and data	$6M	Cindicates, Antares Ventures & 14 others	41/100
5th	SeaTrac 2003, Marblehead (United States), Seed	Developer of a solar energy-based unmanned surface vehicle	$2.8M	-	39/100
6th	Silent Yachts 2017, Klagenfurt (Austria), Unfunded	Developer of solar-powered yacht manufacturer	-	-	37/100
7th	ThinkRaw Innovative Solution 2021, Bhawanipatna (India), Unfunded	Developer of solar powered boats	-	-	33/100
8th	Soel Yachts 2011, Delft (Netherlands), Unfunded	Solar powered electric catamarans	-	-	31/100
9th	Sun Concept 2015, Olhao (Portugal), Funding Raised	Electric solar boats developer	-	Chivas Venture	28/100
10th	Electric Blue Power 2019, United States, Unfunded	Manufacturer and developer of lithium battery and solar panels	-	-	26/100