Sagar Defence Engineering - About the company
Sagar Defence Engineering is a series B company based in Pune (India), founded in 2015 by Mridul Babbar, Nikunj Parashar and Lakshay Dang. It operates as a Manufacturer of a quadcopter drone for multiple civilian and military applications. Sagar Defence Engineering has raised $30.1M in funding from investors like IDBI Capital Markets & Securities Ltd, ONGC and Skegen, with a current valuation of ₹*****. The company has 110 active competitors, including 29 funded and 10 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
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 | $12.7M (As on Mar 31, 2025) | 124 (As on Apr 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 $30.1M over 6 rounds. Its first funding round was on Dec 16, 2016. Its latest funding round was a Series B round on Dec 30, 2024 for $*****. 1 investor participated in its latest round. Sagar Defence Engineering has 12 institutional investors and 7 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 |
|---|---|---|---|---|---|---|
Dec 30, 2024 | 8127448 | Series B | 3356544 | 2480315 | 8653258 | 4104018 |
Jan 30, 2023 | 9365763 | Series A | 1059720 | 7111541 | 8732796 | |
Aug 05, 2021 | 5562020 | Seed | 1166735 | 8073349 |
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 Mridul Babbar, Nikunj Parashar and Lakshay Dang. Nikunj Parashar is the CEO of Sagar Defence Engineering.
Here are the details of Sagar Defence Engineering's key team members:
- Mridul Babbar: Co-Founder of Sagar Defence Engineering. Contact Info: 1 email address and 1 phone number
- Nikunj Parashar: Co-Founder & CEO of Sagar Defence Engineering. Contact Info: 1 email address
- Lakshay Dang: Co-Founder of Sagar Defence Engineering.
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 5m | |
Team | - | Current | 4y 10m | |
Independent board member | - | Current | 4y 7m |
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 | Developer of autonomous defense systems powered by AI software | $11.3B | 75/100 | |
2nd |  Quantum Systems 2015, Gilching (Germany), Series C | Developer of multi-sensor unmanned aerial systems | $618M | 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 | Provider of autonomous underwater vehicles and data analytics platform services | $3.44M | 63/100 | ||
6th |  Sagar Defence Engineering 2015, Pune (India), Series B | Manufacturer of a quadcopter drone for multiple civilian and military applications | $30.1M | 62/100 | |
7th | General Dynamics Mission Systems 1952, United States, Funding Raised | Provider of surveillance, cyber-defence, communication, and border and coastal security solutions | - | 61/100 | |
8th | Kraken Robotics 2008, Paradise Cove (Canada), Public | Provider of unmanned maritime vehicles | - | 61/100 | |
9th |  Unique Group 1993, Sharjah (United Arab Emirates), Funding Raised | Provider of industrial equipment rental services | - | 60/100 | |
10th | Insitu 1994, White Salmon (United States), Acquired | Provider of customized unmanned systems and develops information processing software solutions | $21.3M | 56/100 |
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 own 22.37%, Funds own 21.10%, Enterprises own 0.91% and Other People (largest shareholder) own 46.96%. The net worth of Sagar Defence Engineering's founders is INR 487Cr as of Mar 25, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 22.37% | 487Cr | 4391074 | 7108878 | 3196390 | 5998478 |
8788115 | 3684166 | 6800399 | 2193996 | 7870746 | 7573204 | |
Fund | 21.10% | 459Cr | 3362927 | 6429890 | 1066309 | 2762716 |
1827856 | 9366403 | 7134261 | 5021827 | 5367522 | 5638789 | |
7080093 | 5562516 | 2003013 | 8553721 | 8156739 | 8337854 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.91% | 19.8Cr | 0 | 0 | 0 | 0 |
Other People | 46.96% | 1,020Cr | 2005225 | 1876571 | 5351003 | 9242272 |
ESOP Pool | 8.65% | 188Cr | 7106360 | 4057177 | 3292191 | 3750880 |
Total | 100.00% | 2,180Cr | 9983123 | 4579469 | 7935800 | 8991236 |
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
- York Tower - New York based, 2010 founded, Unfunded company
- Grasmueck - Germany based, Unfunded company
- Bratanovic - Umag based, Unfunded company
- Guidepost-Strategy - Unfunded company
- Byronconsulting - Unfunded company
- Emanation - 2015 founded, Unfunded company
