Sagar Defence Engineering - About the company
Sagar Defence Engineering is a series B company based in Pune (India), founded in 2015 by Nikunj Parashar and Mridul Babbar. It operates as a Manufacturer of a quadcopter drone for multiple civilian and military applications. Sagar Defence Engineering has raised $48.2M in funding from investors like Skegen, IDBI Capital Markets & Securities Ltd and ONGC, with a current valuation of ₹*****. The company has 140 active competitors, including 31 funded and 11 that have exited. Its top competitors include companies like Anduril, Quantum Systems and Saronic.
Company Details
Manufacturer of a quadcopter drone for multiple civilian and military applications. The company provides unmanned systems capable of collecting and communicating ocean data in real-time. The vehicles offer solutions for remote sensing, construction support, and acoustic systems deployment. The unmanned autonomous ocean robots connect subsea data and communicate it to satellites.
- Website
- www.sagardefence.com/
- Social
- Email ID
- *****@sagardefence.com
- Phone Number
- +91 **********
- Registered Address
- 101/104, TRIVENI KRIPA, OPP. AMBAJI MANDIR, CARTER ROAD NO.3, BORIVALI EAST, Mumbai City, MUMBAI, Maharashtra, India, 400066
Key Metrics
Founded Year
2015
Location
Pune, India
Stage
Series B
Total Funding
$48.2M in 8 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Apr 02, 2026
Ranked
5th among 140 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
56 as on Aug 31, 2025
Investment & Acquisitions
Legal entities associated with Sagar Defence Engineering
Sagar Defence Engineering is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SAGAR DEFENCE ENGINEERING PRIVATE LIMITED CIN: U29253MH2015PTC264539 , India, Active | May 16, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 129 (As on May 01, 2026) |
Sign up to download Sagar Defence Engineering's company profile
Sagar Defence Engineering's funding and investors
Sagar Defence Engineering has raised a total funding of $48.2M over 8 rounds. Its first funding round was on Dec 16, 2016. Its latest funding round was a Series B round on Mar 30, 2026 for $*****. 3 investors participated in its latest round. Sagar Defence Engineering has 16 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Sagar Defence Engineering:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 30, 2026 | 6950604 | Series B | 8763672 | 7355937 | 9519581 | 7955555 |
Dec 30, 2024 | 3784662 | Series B | 8194554 | 4603981 | 5298345 | 8746117 |
Jan 31, 2023 | 6275909 | Grant (prize money) | 6808286 | 8350730 | 9880643 |
Access funding benchmarks and valuations. Sign up today!View details of Sagar Defence Engineering's funding rounds and investors
Sagar Defence Engineering's founders and board of directors
Founder? Claim ProfileThe founders of Sagar Defence Engineering are Nikunj Parashar and Mridul Babbar. Nikunj Parashar is the CEO of Sagar Defence Engineering.
Here are the details of Sagar Defence Engineering's key team members:
- Nikunj Parashar: Co-Founder & CEO of Sagar Defence Engineering. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Mridul Babbar: Co-Founder of Sagar Defence Engineering. They are also an angel investor in 1 startup.Contact Info: 1 email address and 1 phone number
Sagar Defence Engineering's Board of Directors
Sagar Defence Engineering's board has 3 active members. Mridul Babbar and Nikunj Ramkamal Parashar are part of team and Manoj Kanhaiyalal Agrawal is independent board member.Here is the list of Sagar Defence Engineering's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 7m | |
Team | - | Current | 5y 0m | |
Independent board member | - | Current | 4y 9m |
View details of Sagar Defence Engineering's Founder profiles and Board Members
Sagar Defence Engineering's employee count trend
Sagar Defence Engineering has 56 employees as of Aug 25. The total employee count is 2.0% more than what it was in Aug 24. Here is Sagar Defence Engineering's employee count trend over the years:
Uncover Sagar Defence Engineering's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Sagar Defence Engineering's Competitors and alternates
Top competitors of Sagar Defence Engineering include Anduril, Quantum Systems and Saronic. Here is the list of Top 10 competitors of Sagar Defence Engineering, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  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 | |
2nd |  Quantum Systems 2015, Gilching (Germany), Series D | AI-powered aerial intelligence and reconnaissance systems | $1.82B | 74/100 | |
3rd |  Saronic 2022, Austin (United States), Series D | Developer of autonomous surface vessels for naval and maritime forces | $2.58B | 67/100 | |
4th |  Saildrone 2012, Alameda (United States), Series C | Developer of autonomous unmanned surface vehicle | $325M | 64/100 | |
5th |  Sagar Defence Engineering 2015, Pune (India), Series B | Manufacturer of a quadcopter drone for multiple civilian and military applications | $48.2M | 64/100 | |
6th | Provider of autonomous underwater vehicles and data analytics platform services | $3.44M | 63/100 | ||
7th | General Dynamics Mission Systems 1952, United States, Funding Raised | Provider of surveillance, cyber-defence, communication, and border and coastal security solutions | - | 62/100 | |
8th | Kraken Robotics 2008, Paradise Cove (Canada), Public | Provider of unmanned maritime vehicles | - | 61/100 | |
9th | Provider of AI-based unmanned robots for cleaning marine litter waste | $1.75M | 60/100 | ||
10th |  Unique Group 1993, Sharjah (United Arab Emirates), Funding Raised | Provider of industrial equipment rental services | - | 60/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Sagar Defence Engineering's competitors? Click here to see the top ones
Sagar Defence Engineering's Latest cap tables and shareholding
Founders (largest shareholder) own 25.28%, Funds own 23.32%, Enterprises own 3.89% and Angels own 0.14%. The net worth of Sagar Defence Engineering's founders is INR 876Cr as of Apr 02, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 25.28% | 876Cr | 8388614 | 8429549 | 2371133 | 4350720 |
9431440 | 3818371 | 1867100 | 1786244 | 1822071 | 2378286 | |
3991 | 3437 | 5131 | 5521 | 9073 | 9021 | |
Fund | 23.32% | 808Cr | 8061258 | 6351697 | 6617869 | 8344469 |
3319230 | 9696493 | 6241104 | 9390454 | 2116161 | 8222003 | |
3893388 | 6398667 | 7019122 | 3833999 | 9390090 | 5994139 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 3.89% | 135Cr | 471 | 925 | 985 | 212 |
Angel | 0.14% | 5.01Cr | 0 | 0 | 0 | 0 |
Other People | 39.17% | 1,360Cr | 6317148 | 8270879 | 1822979 | 3908789 |
ESOP Pool | 8.20% | 284Cr | 3293579 | 5138665 | 1365103 | 7966615 |
Total | 100.00% | 3,460Cr | 9904264 | 8488005 | 8354108 | 2504310 |
To unlock detailed Cap Table of Sagar Defence Engineering Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Sagar Defence Engineering's Shareholding
Sagar Defence Engineering's Investments and acquisitions
Sagar Defence Engineering has a total of 1 investment in EndureAir Systems. Sagar Defence Engineering has not made any acquisitions as of now.Reports related to Sagar Defence Engineering
Here is the latest report on Sagar Defence Engineering's sector:
News related to Sagar Defence Engineering
Filter this listMedia has covered Sagar Defence Engineering for a total of 5 events in the last 1 year, 4 of them have been about company updates.
•
Sagar Defence opens world’s first autonomous maritime shipbuilding centreManufacturingtodayindia•Mar 18, 2026•Sagar Defence Engineering
•
•
•
Military Tech Takes Off: USD192M Raised in 2025 YTDEntrepreneur•Sep 03, 2025•Raphe, Newspace Research and Technologies, Sagar Defence Engineering, Big Bang Boom Solutions and 1 other
•
India’s military tech funding surges 61x in a decadePunjab News Express•Aug 29, 2025•Raphe, Newspace Research and Technologies, Sagar Defence Engineering, Big Bang Boom Solutions and 1 other
•
IDBI Capital Exits Two Deep-Tech Defence Startups with Strong IRRsCyberMedia India Online•Apr 30, 2025•Sagar Defence Engineering, Zeus Numerix, IDBI Capital Markets & Securities Ltd
•
•
Sagar Defence Engineering Completes Sagarmala Parikrama Autonomous VoyageForce India•Nov 12, 2024•Sagar Defence Engineering
•
•
Sagar Defence Engineering to Develop Cutting-Edge Underwater Launched Unmanned Aerial Vehicles (ULUAVs)Financial Express•Jun 12, 2024•Sagar Defence Engineering, DRDO
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Sagar Defence Engineering
Explore our recently published companies
- ReFrame Engage - United States based, 2020 founded, Unfunded company
- Web Instant Messenger - Bolzano based, 2016 founded, Unfunded company
- Carekro - 2018 founded, Unfunded company
- Dnyhospitality - Unfunded company
- Doral SEO - Doral based, 2026 founded, Unfunded company
- EMJ - Italy based, 2026 founded, Unfunded company
