Tunga Aerospace Industries - About the company
Tunga Aerospace Industries is a seed company based in Chennai (India), founded in 2020 by Ganeshram Nandakumar, Bhaskar, Ramesh Madhavan and Shankar. It operates as a Manufacturer of unmanned aerial vehicles for defense and commercial applications. Tunga Aerospace Industries has raised $1.24M in funding, with a current valuation of $*****. The company has 172 active competitors, including 19 funded and 10 that have exited. Its top competitors include companies like Delair, Exyn and Kalam Labs.
Company Details
Manufacturer of unmanned aerial vehicles for defense and commercial applications. These aerial systems support missions including surveillance, search and rescue, disaster management, and infrastructure inspection. The technology incorporates airframe structures, flight control systems, and software intelligence to provide modular solutions. Operations involve designing, developing, and producing drones for environmental and security requirements. Technical support is provided to ensure continuous operation of the aerial platforms.
- Website
- tungasystems.com
- Social
- Email ID
- *****@tungasystems.com
- Phone Number
- +91 **********
- Registered Address
- MODULE D3-07, THIRD FLOOR, BLOCK-D, IIT MADRAS RESEARCH PARK, KANAGAM ROAD, TTTI Taramani, Chennai, Chennai City Corporation, Tamil Nadu, India, 600113
Key Metrics
Founded Year
2020
Location
Chennai, India
Stage
Seed
Total Funding
$1.24M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 12, 2024
Investors
Ranked
3rd among 172 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
70 as on Aug 31, 2025
Legal entities associated with Tunga Aerospace Industries
Tunga Aerospace Industries is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TUNGASTRA SYSTEMS PRIVATE LIMITED CIN: U74999TN2018PTC120739 , India, Active | Feb 06, 2018 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
TUNGA AEROSPACE INDUSTRIES PRIVATE LIMITED CIN: U29100TN2015PTC103322 , India, Active | Dec 16, 2015 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 70 (As on Aug 31, 2025) |
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Tunga Aerospace Industries's funding and investors
Tunga Aerospace Industries has raised a total funding of $1.24M over 2 rounds. Its first funding round was on Feb 18, 2023. Its latest funding round was a Angel round on Feb 12, 2024 for $*****. 23 investors participated in its latest round. Tunga Aerospace Industries has 27 angel investors.
Here is the list of recent funding rounds of Tunga Aerospace Industries:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 12, 2024 | 9664313 | Angel | 4811919 | 2355788 | 6394324 | 4496011 |
Feb 18, 2023 | 2960395 | Angel | 2418584 | 9312618 | 9672590 | 4556053 |
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Tunga Aerospace Industries' founders and board of directors
Founder? Claim ProfileThe founders of Tunga Aerospace Industries are Ganeshram Nandakumar, Bhaskar, Ramesh Madhavan and Shankar. Bhaskar is the CEO of Tunga Aerospace Industries.
Here are the details of Tunga Aerospace Industries' key team members:
- Ganeshram Nandakumar: Co-Founder & Director of Tunga Aerospace Industries and founder of 1 other company.
- Bhaskar: Co-Founder & CEO of Tunga Aerospace Industries.
- Ramesh Madhavan: Co-Founder & COO of Tunga Aerospace Industries. Contact Info: 1 email address
- Shankar: Co-Founder of Tunga Aerospace Industries.
Tunga Aerospace Industries' Board of Directors
Tunga Aerospace Industries's board has 4 active members. Shankar ., Venkatasubramanian Bhaskar and Murthy Haradanahalli are part of team and Makana Venkata Koteswara Vara Prasad is independent board member.Here is the list of Tunga Aerospace Industries' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
ejqaupo | Team | - | Current | 1y 1m |
dxsqwyf | Team | - | Current | 4y 5m |
feddubu | Team | - | Current | 2y 6m |
Independent board member | - | Current | 1y 8m |
View details of Tunga Aerospace Industries's Founder profiles and Board Members
Tunga Aerospace Industries' employee count trend
Tunga Aerospace Industries has 70 employees as of Aug 25. The total employee count is 25.0% more than what it was in Aug 24. Here is Tunga Aerospace Industries's employee count trend over the years:
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Tunga Aerospace Industries's Competitors and alternates
Top competitors of Tunga Aerospace Industries include Delair, Exyn and Kalam Labs. Here is the list of Top 10 competitors of Tunga Aerospace Industries, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aerial-imagery services using proprietary drones | $17.4M | 67/100 | ||
2nd | Exyn 2014, Philadelphia (United States), Public | Fully autonomous aerial robotic systems developer | $57M | 60/100 | |
3rd |  Tunga Aerospace Industries 2020, Chennai (India), Seed | Manufacturer of unmanned aerial vehicles for defense and commercial applications | $1.24M | - | 52/100 |
4th |  Kalam Labs 2021, Lucknow (India), Seed | Developer of unmanned aerial vehicle components and systems designed for educational and experimental purposes | $672K | 51/100 | |
5th |  FlightWave Aerospace 2014, Santa Monica (United States), Acquired | Manufacturer of UAVs for aerial surveying | - | 48/100 | |
6th |  Wingtra 2016, Zurich (Switzerland), Series B | Developer of drone-based surveying solutions | $66.2M | 48/100 | |
7th |  UrbanMatrix 2019, Bengaluru (India), Seed | AI-driven hardware and software solutions for controlling drones | $1.24M | 46/100 | |
8th | Provider of electric fixed-wing unmanned aerial vehicles | $6.3M | 45/100 | ||
9th | Colugo Systems 2014, Tel Aviv (Israel), Series A | Develops fixed-wing VTOL UAVs for surveying and surveillance purposes | $8.5M | 44/100 | |
10th |  CDSpace Robotics 2018, Bengaluru (India), Funding Raised | Manufacturer of unmanned aerial vehicles and tactical drone platform systems | - | 44/100 |
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Tunga Aerospace Industries's Investments and acquisitions
Tunga Aerospace Industries has made no investments or acquisitions yet.
Reports related to Tunga Aerospace Industries
Here is the latest report on Tunga Aerospace Industries's sector:
News related to Tunga Aerospace Industries
•
Redington Limited Partners with Tunga Aerospace to Introduce Advanced UAVs in IndiaSiliconindia•Dec 24, 2024•Redington, Tunga Aerospace Industries
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