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Okulo Aerospace - About the company

Okulo Aerospace is a seed company based in Bengaluru (India), founded in 2019 by Parithi Govindaraju and Abiseka Akash Ganesan. It operates as a Developer of unmanned aerial systems for surveillance and data collection. Okulo Aerospace has raised $1.07M in funding from Ideaspring Capital and newfortholdings.com, with a current valuation of $*****. The company has 1016 active competitors, including 160 funded and 73 that have exited. Its top competitors include companies like Parrot, Ehang and Anduril.

Company Details

Developer of unmanned aerial systems for surveillance and data collection. These systems include high-altitude, medium-altitude, and low-altitude platforms designed for long-endurance flights. The company’s UAVs are equipped with advanced sensors and imaging systems. They provide real-time monitoring for various applications, including defense, security, environmental protection, and disaster response. The systems are designed for rapid deployment and integration of mission-specific payloads.
Social
X
Email ID
*****@okuloaerospace.com
Phone Number
+91 **********
Registered Address
5th Floor, Cambridge Institute of Technology, Jai Bhuvaneshwari Layout Road, SR Layout, Chikkabasavanapura, Krishnarajapuram, Bangalore, Bangalore North, Karnataka, India, 560036
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.07M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 14, 2023
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
26 as on Apr 30, 2025
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Okulo Aerospace's funding and investors

Okulo Aerospace has raised a total funding of $1.07M over 3 rounds. Its first funding round was on Dec 02, 2022. Its latest funding round was a Seed round on Jul 11, 2023 for $*****. 3 investors participated in its latest round. Okulo Aerospace has 7 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Okulo Aerospace:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 11, 2023
2111991
Seed
3290865
9493904
8681749
6556375
Jan 31, 2023
7990710
Grant (prize money)
8826521
5748956
5037315
Dec 02, 2022
3011280
Seed
3085497
9524240
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Okulo Aerospace's founders and board of directors

Founder? Claim Profile
The founders of Okulo Aerospace are Parithi Govindaraju and Abiseka Akash Ganesan. Parithi Govindaraju is the CEO of Okulo Aerospace.
Here are the details of Okulo Aerospace's key team members:

Okulo Aerospace's Board of Directors

Okulo Aerospace's board has 3 active members. Parithi Govindaraju and Naganand Doraswamy are part of team and Govindaraju is independent board member.
Here is the list of Okulo Aerospace's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 0m
Investor
-
Current
3y 2m
Independent board member
-
Current
6y 6m

Okulo Aerospace's employee count trend

Okulo Aerospace has 26 employees as of Apr 25. Here is Okulo Aerospace's employee count trend over the years:
Employee count trend for Okulo Aerospace
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Okulo Aerospace's Competitors and alternates

Top competitors of Okulo Aerospace include Parrot, Ehang and Anduril. Here is the list of Top 10 competitors of Okulo Aerospace, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Parrot
Parrot
1994, Paris (France), Public
Manufacturer of unmanned aerial vehicles and related software and solutions
-
76/100
2nd
Logo for Ehang
Ehang
2014, Guangzhou (China), Public
Developer of autonomous aerial vehicles and related command and control systems
$52M
76/100
3rd
Logo for Anduril
Anduril
2017, Costa Mesa (United States), Series H
Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains
$11.3B
75/100
4th
Logo for Quantum Systems
Quantum Systems
2015, Gilching (Germany), Series D
AI-powered aerial intelligence and reconnaissance systems
$1.82B
74/100
5th
Logo for Shield AI
Shield AI
2015, San Diego (United States), Series G
Developer of AI-powered platforms and software for defense applications
$3.52B
68/100
6th
Logo for Raphe
Raphe
2017, Noida (India), Series B
Manufacturer of carbon fiber composite products and unmanned aerial vehicles
$154M
68/100
7th
Logo for Delair
Delair
2011, Toulouse (France), Series B
Aerial-imagery services using proprietary drones
$17.4M
67/100
8th
Logo for Vantage Robotics
Vantage Robotics
2013, San Francisco (United States), Series B
Creates unmanned aircraft systems
$8.94M
65/100
9th
Logo for Tekever
Tekever
2001, Lisbon (Portugal), Series B
Manufacturer UAVs and software products for military and enterprise applications
$96.8M
65/100
10th
Logo for XTEND
XTEND
2018, Florida (United States), Series B
Developer of AI-assisted tactical unmanned aerial systems for military use
$90M
65/100
150th
Logo for Okulo Aerospace
Okulo Aerospace
2019, Bengaluru (India), Seed
Developer of unmanned aerial systems for surveillance and data collection
$1.07M
37/100
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Okulo Aerospace's Latest cap tables and shareholding

Founders (largest shareholder) own 61.84%, Funds own 25.45%, Angels own 2.31% and Other People own 0.03%. The net worth of Okulo Aerospace's founders is INR 18.2Cr as of Jun 14, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.84%
18.2Cr
4347349
9925555
5298349
8508405
6431046
8384069
2539367
8261330
8916612
1844550
Fund
25.45%
7.48Cr
6751453
6197263
1296682
6067407
6728868
8644247
4918643
6358320
5188743
4848984
2498
1934
3107
5675
4482
5563
Angel
2.31%
68L
59
37
73
94
0
0
0
0
0
0
Other People
0.03%
86.6K
0
0
0
0
ESOP Pool
10.36%
3.05Cr
4890232
4015378
3106804
7365926
Total
99.99%
29.4Cr
2871037
7719869
6700037
1278365
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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 Okulo Aerospace's Shareholding

Okulo Aerospace's Investments and acquisitions

Okulo Aerospace has made no investments or acquisitions yet.

Reports related to Okulo Aerospace

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News related to Okulo Aerospace

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