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Sarla Aviation - About the company

Sarla Aviation is a series A company based in Bengaluru (India), founded in 2023 by Shivam H Chauhan, Adrian Samuel Schmidt . and Rakesh Maruthi Gaonkar. It operates as a Developer of electric vertical take-off and landing aircraft for passenger transport. Sarla Aviation has raised $13.4M in funding from investors like Accel, Singularity AMC and Campus Fund, with a current valuation of ₹*****. The company has 316 active competitors, including 65 funded and 18 that have exited. Its top competitors include companies like BETA, Joby Aviation and Ehang.

Company Details

Developer of electric vertical take-off and landing aircraft for passenger transport. The company focuses on designing and engineering aircraft intended for urban air mobility. It offers different cabin configurations to accommodate passenger and cargo transport. The company also develops aircraft for medical response purposes.
Social
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Email ID
*****@sarla-aviation.com
Registered Address
No. 467/468, Krishna, Temple Road, 1st Stage, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Series A
Total Funding
$13.4M in 5 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jan 23, 2026
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
28 as on Apr 30, 2025
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Sarla Aviation's funding and investors

Sarla Aviation has raised a total funding of $13.4M over 5 rounds. Its first funding round was on Apr 03, 2024. Its latest funding round was a Series A round on Jan 23, 2026 for $*****. 1 investor participated in its latest round. Sarla Aviation has 10 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Sarla Aviation:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 23, 2026
4841032
Series A
8867987
9203663
6268531
3610089
Jan 14, 2025
4405150
Series A
8640502
6248988
3023181
Sep 03, 2024
2560146
Seed
5499728
5804274
7212156
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Sarla Aviation's founders and board of directors

Founder? Claim Profile
The founders of Sarla Aviation are Shivam H Chauhan, Adrian Samuel Schmidt . and Rakesh Maruthi Gaonkar. Adrian Samuel Schmidt . is the CEO of Sarla Aviation.
Here are the details of Sarla Aviation's key team members:

Sarla Aviation's Board of Directors

Sarla Aviation's board has 4 active members. Shivam H Chauhan, Adrian Samuel Schmidt ., Rakesh Maruthi Gaonkar and Basavarajaiah Manjesh are part of team.
Here is the list of Sarla Aviation's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 7m
Team
-
Current
2y 9m
Team
-
Current
2y 9m
Investor
Campus Fund
Current
2y 6m

Sarla Aviation's employee count trend

Sarla Aviation has 28 employees as of Apr 25. Here is Sarla Aviation's employee count trend over the years:
Employee count trend for Sarla Aviation
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Sarla Aviation's Competitors and alternates

Top competitors of Sarla Aviation include BETA, Joby Aviation and Ehang. Here is the list of Top 10 competitors of Sarla Aviation, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BETA
BETA
2012, South Burlington (United States), Public
Manufacturer of electric aircraft, charging systems, and customized training programs
$1.66B
79/100
2nd
Logo for Joby Aviation
Joby Aviation
2009, Santa Cruz (United States), Public
Manufacturer of electric vertical takeoff and landing aircraft
$690M
79/100
3rd
Logo for Ehang
Ehang
2014, Guangzhou (China), Public
Developer of autonomous aerial vehicles and related command and control systems
$52M
77/100
4th
Logo for Archer
Archer
2018, San Jose (United States), Public
Developer of electric vertical takeoff and landing aircraft for commercial use
$1.93B
69/100
5th
Logo for ePlane
ePlane
2019, Chennai (India), Series B
Developer of electric vertical takeoff and landing aircraft for urban air mobility
$28.9M
68/100
6th
Logo for Wisk
Wisk
2019, Mountain View (United States), Acquired
Developer of autonomous electric aerial vertical take-off and landing vehicles
$450M
67/100
7th
Logo for Elroy Air
Elroy Air
2016, San Francisco (United States), Series B
Autonomous aircraft systems for cargo delivery purposes
$116M
64/100
8th
Logo for Vertical Aerospace
Vertical Aerospace
2016, Bristol (United Kingdom), Public
Developer of electric vertical takeoff and landing aircraft technologies
$208M
64/100
9th
Logo for Aurora
Aurora
1989, Manassas (United States), Acquired
Developer of advanced aircraft and enabling technologies for government and commercial sectors
$6.85M
63/100
10th
Logo for LAT Aerospace
LAT Aerospace
2025, Delhi (India), Series B
Developer of short take-off and landing aircraft with hybrid-electric propulsion
$20M
63/100
30th
Logo for Sarla Aviation
Sarla Aviation
2023, Bengaluru (India), Series A
Developer of electric vertical take-off and landing aircraft for passenger transport
$13.4M
52/100
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Sarla Aviation's Latest cap tables and shareholding

Founders (largest shareholder) own 49.26%, Funds own 35.63%, Enterprises own 4.85% and Angels own 1.64%. The net worth of Sarla Aviation's founders is INR 218Cr as of Jan 23, 2026. The cap table displayed below is for SARLA AVIATION PRIVATE LIMITED which is the legal entity associated with Sarla Aviation.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
49.26%
218Cr
4569314
7953789
6542313
4435699
4662235
1874298
4445810
6506808
2869599
2377734
7464206
1326368
4145476
1432212
2444090
9071013
269591
261781
618805
957621
142020
925877
Fund
35.63%
158Cr
1116134
4209615
2427778
6756634
6784139
9017759
1294086
2887060
6201401
7869647
9325162
6612315
4177159
9290721
6383915
9539848
70
16
68
86
33
53
0
0
0
0
0
0
Enterprise
4.85%
21.5Cr
8263
7475
1307
3929
Angel
1.64%
7.25Cr
2
2
1
3
0
0
0
0
0
0
0
0
0
0
0
0
ESOP Pool
8.62%
38.1Cr
7589036
8005497
7826004
4754375
Total
100.00%
442Cr
4851273
4495316
6011269
7607209
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Sarla Aviation's Investments and acquisitions

Sarla Aviation has made no investments or acquisitions yet.

Reports related to Sarla Aviation

Here is the latest report on Sarla Aviation's sector:

News related to Sarla Aviation

lockFilter this list
Media has covered Sarla Aviation for a total of 12 events in the last 1 year, 6 of them have been about company updates and 3 about partnerships.
•
Sarla Aviation Scales Urban Air Mobility with Siemens XceleratorMobility India•Aug 05, 2026•Sarla Aviation
•
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