Zulu Defence - About the company
Zulu Defence is a seed company based in Bengaluru (India), founded in 2023 by Rajagopal Sethauram, Nagendran Kandasamy and Shashikumar Ramakrishna. It operates as a Developer of tactical air defence drone systems. Zulu Defence has raised $987K in funding from Finvolve, with a current valuation of $*****. The company has 329 active competitors, including 60 funded and 29 that have exited. Its top competitors include companies like Anduril, Skydio and Shield AI.
Company Details
Developer of tactical air defence drone systems. These systems are purpose-built for national security applications. The company develops loitering munitions and weaponized unmanned aerial systems. Engineering focuses on combat-proven technology and addressing evolving national security challenges. The solutions are designed for a wide range of combat air defence applications.
- Website
- zuludefence.tech
- Email ID
- *****@zuludefence.tech
- Phone Number
- +91 **********
- Registered Address
- No:04, Survey No: 86/4, Bileshivale- Bidarahalli, Dr. Shivarama Karanth Nagar, Bangalore, Bangalore North, Karnataka, India, 560077
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Seed
Total Funding
$987K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 12, 2025
Ranked
44th among 329 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2026
Employee Count
19 as on Apr 30, 2025
Legal entities associated with Zulu Defence
Zulu Defence is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZULU DEFENCE SYSTEMS PRIVATE LIMITED CIN: U62091KA2023PTC179458 , India, Active | Oct 06, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2026) | 60 (As on Apr 01, 2026) |
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Zulu Defence's funding and investors
Zulu Defence has raised a total funding of $987K over 2 rounds. Its first funding round was on Jan 13, 2024. Its latest funding round was a Angel round on May 12, 2025 for $*****. 1 investor participated in its latest round. Zulu Defence has 5 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Zulu Defence:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2025 | 8953024 | Angel | 7794829 | 8040578 | 7039772 | 8883234 |
Jan 13, 2024 | 6529001 | Seed | 4805371 | 5007869 |
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Zulu Defence's founders and board of directors
Founder? Claim ProfileThe founders of Zulu Defence are Rajagopal Sethauram, Nagendran Kandasamy and Shashikumar Ramakrishna.
Here are the details of Zulu Defence's key team members:
- Rajagopal Sethauram: Co-Founder of Zulu Defence. They serve on the board of 1 company.Contact Info: 1 email address
- Nagendran Kandasamy: Co-Founder & CEO of Zulu Defence. Contact Info: 1 email address
- Shashikumar Ramakrishna: Co-Founder & CTO of Zulu Defence. Contact Info: 1 email address
Zulu Defence's Board of Directors
Zulu Defence's board has 2 active members. Rajagopal Sethauram and Samar pal Singh Toor are independent board members.Here is the list of Zulu Defence's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 11m | |
kjmqq{i | Independent board member | - | Past | 9y 1m |
View details of Zulu Defence's Founder profiles and Board Members
Zulu Defence's employee count trend
Zulu Defence has 19 employees as of Apr 25. Here is Zulu Defence's employee count trend over the years:
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Zulu Defence's Competitors and alternates
Top competitors of Zulu Defence include Anduril, Skydio and Shield AI. Here is the list of Top 10 competitors of Zulu Defence, ranked by Tracxn score:
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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 |  Skydio 2014, San Mateo (United States), Series F | Manufacturer of autonomous drones and related software, services, and accessories | $825M | 69/100 | |
3rd |  Shield AI 2015, San Diego (United States), Series G | Developer of AI-powered platforms and software for defense applications | $3.52B | 68/100 | |
4th |  Daedalean 2016, Zurich (Switzerland), Acquired | Developer of airborne systems for flight autonomy | $69.8M | 67/100 | |
5th |  Newspace Research and Technologies 2018, Bengaluru (India), Series B | Manufacturer of uncrewed aerial systems for military and civilian applications | $73.2M | 66/100 | |
6th | XTEND 2018, Florida (United States), Series B | Developer of AI-assisted tactical unmanned aerial systems for military use | $90M | 65/100 | |
7th |  Firestorm 2022, San Diego (United States), Series B | Developer of modular, mission-adaptable unmanned aerial systems and manufacturing solutions | $160M | 65/100 | |
8th | Fortem Technologies 2016, Provo (United States), Series B | Developer of airspace security and defense solutions for drone threats | $94.1M | 64/100 | |
9th | Teal Drones 2014, Salt Lake City (United States), Acquired | Provider of military drones | $7M | 63/100 | |
10th |  Red Cat 2016, San Juan (Puerto Rico), Acquired | Developer of unmanned aerial and surface vehicle systems for defense | $380K | - | 62/100 |
44th | Zulu Defence 2023, Bengaluru (India), Seed | Developer of tactical air defence drone systems | $987K | 42/100 |
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Zulu Defence's Latest cap tables and shareholding
Founders (largest shareholder) own 78.98%, Funds own 10.93%, Enterprises own 0.53% and Angels own 3.63%. The net worth of Zulu Defence's founders is INR 79Cr as of May 12, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 78.98% | 79Cr | 9696145 | 8689833 | 1880966 | 8021011 |
2615761 | 5095655 | 9885243 | 2574932 | 1279434 | 6881336 | |
1290085 | 1425576 | 6118086 | 6408467 | 5627026 | 7566515 | |
78069 | 53605 | 70425 | 26867 | 24176 | 22926 | |
Fund | 10.93% | 10.9Cr | 5978379 | 6715388 | 6759432 | 7567512 |
7692364 | 4997724 | 4448858 | 1872095 | 3759123 | 3612940 | |
Enterprise | 0.53% | 52.9L | 0 | 0 | 0 | 0 |
Angel | 3.63% | 3.61Cr | 560 | 510 | 146 | 731 |
0 | 0 | 0 | 0 | 0 | 0 | |
ESOP Pool | 5.95% | 5.95Cr | 65949 | 81086 | 58824 | 18281 |
Total | 100.00% | 100Cr | 3895827 | 9063376 | 4357200 | 8257429 |
To unlock detailed Cap Table of Zulu Defence 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 Zulu Defence's Shareholding
Zulu Defence's Investments and acquisitions
Zulu Defence has made no investments or acquisitions yet.
Reports related to Zulu Defence
Here is the latest report on Zulu Defence's sector:
News related to Zulu Defence
Media has covered Zulu Defence for 1 event in last 1 year, It was about company updates.
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•
VC firm Finvolve aims to invest Rs 300-350 Cr in 2025YourStory•Feb 10, 2025•Finvolve, Matter Labs, Samosa Party, Zulu Defence
•
Deftech Indian startup Zulu Defence System raises $750K in seed round through FinvolveIndian Startup News•Apr 10, 2024•Zulu Defence, Finvolve
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