About Aerospace Tech sector in India
The Aerospace Tech sector in India comprises 51 companies, including 20 funded companies having collectively raised $114M in venture capital money and private equity. Out of these, 6 are Series A+ funded.
Aerospace Tech sector in India has seen 1 acquisition and 1 IPO.
This sector includes companies providing technology-based solutions to aircraft manufactures including avionics systems, design software, and sensors. Companies that manufacture and sell innovative aircraft.
Companies included in Aerospace Tech
Includes tech solutions for the manufacturing of aircraft including Design software, Robotics, Additive manufacturing. Also includes Avionics for electronic flight control, monitoring sensors. Also includes companies manufacturing innovative aircraft including Supersonic, Solar, Electric, and Vertical take-off & Landing aircraft.Companies excluded in Aerospace Tech
Excludes Aviation software including airport solutions, in-flight connectivity & entertainment, analytics for airline & airport operators, MRO software, etc. Excludes air transport services including passenger airlines, airport operators, technology providers for airports along with Aviation service providers including catering, training, navigation, ground handling, etc. Also excludes traditional aircraft engines, drone component manufacturers including defense contractors for the aerospace industry.Top Aerospace Tech Companies in India
There are more than 51 companies in Aerospace Tech in India. The ePlane is the top Aerospace Tech company in India, ranked using Tracxn Score (what's this?).
Here are 5 of the top Aerospace Tech companies in India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of electric vertical takeoff and landing aircraft for urban air mobility | Chennai (India) | 2019 | Series B | $21.5M | |
Provider of solutions for signal rocessing in defence and aerospace | Hyderabad (India) | 2017 | Seed | $3.2M | |
Developer of electric vertical takeoff and landing (eVTOL) aircraft for mass transportation | Bengaluru (India) | 2023 | Series A | $12.2M | |
Provider of a rugged solution to the military | Delhi (India) | 2005 | Series A | $891K | |
Manufacturer of aircraft | Hyderabad (India) | 2022 | Seed | $2.25M |
Companies founded year-on-year in the Aerospace Tech sector in India
7 Aerospace Tech startups in India were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 1 |
2024 | 3 |
2023 | 4 |
2022 | 7 |
2021 | 4 |
2020 | 6 |
2019 | 7 |
2018 | 5 |
2017 | 2 |
2016 | - |
Stage-wise distribution of Aerospace Tech sector companies in India
Out of the total 51 Aerospace Tech companies in India, 20 have secured funding. Among them, 6 have reached Series A or higher, and 4 to Series B or beyond.
Founded - 51
Funded - 20
Series A+ - 6
Series B+ - 4
Series C+ - 3
Company Stage | No. of companies |
|---|---|
Founded | 51 |
Funded | 20 |
Series A+ | 6 |
Series B+ | 4 |
Series C+ | 3 |
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Funding Trends in the Aerospace Tech sector in India
Total funding year-on-year in the Aerospace Tech sector in India
The Aerospace Tech sector in India saw a total funding of more than $82.8M in the last 10 years. The most amount of funding was in 2022 at more than $37.4M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $14.3M |
2024 | $19.8M |
2023 | $3.55M |
2022 | $37.4M |
2021 | $6M |
2020 | $853K |
Recent Funding Rounds in Aerospace Tech in India
In the year 2025, till October 2025, Aerospace Tech companies in India have raised $37.5M in equity funding across 8 rounds.
In the same period last year (i.e. till October 2024), Aerospace Tech companies in India had raised $19.8M across 8 rounds.
So, 2025 has seen a 89.1% rise in funding in Aerospace Tech companies in India as compared to 2024.
Here are some recent, important funding rounds in Aerospace Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Angel | 7343 | Oct 2025 | - | |
Angel | 9597 | Jul 10, 2025 | ||
Seed | 9007 | Jun 25, 2025 | and 2 more | |
Seed | 2203 | Apr 24, 2025 | and 5 more | |
Angel | 6666 | Mar 12, 2025 |
Top Investors in Aerospace Tech in India
Starburst is the top investor in Aerospace Tech companies in India based on number of companies invested.
Here are some top investors in Aerospace Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Los Angeles (United States) | - | |
Bengaluru (India) | ||
Bengaluru (India) | ||
Mumbai (India) | ||
Bengaluru (India) |
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M&A activity in Aerospace Tech sector in India
In the year 2021, till October 2021, 1 acquisition happened in Aerospace Tech sector in India.
See a more detailed list of acquisitions Here are some recent, important acquisitions in Aerospace Tech sector in India:
Acquisition trends in Aerospace Tech sector in India
Here are the acquisition trends in Aerospace Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
2016 | - |
IPOs in Aerospace Tech in India
In the year 2012, till August 2012, 1 IPO happened in Aerospace Tech sector in India.
Here are some recent, important IPOs in Aerospace Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Aug 11, 2012 | Bombay Stock Exchange (BSE) |
Colleges which produce the most Aerospace Tech companies in India
Companies founded by alumni from top colleges in the Aerospace Tech in India
Most number of Aerospace Tech startups in India have been founded by alumni from BITS Pilani, IIM Ahmedabad and IIT Kanpur.
College | No. of companies |
|---|---|
BITS Pilani | 2 |
IIM Ahmedabad | 1 |
IIT Kanpur | 1 |
IIT Kharagpur | 1 |
IIT Madras | 1 |
University of Oxford | 1 |
York University | 1 |
Total funding in Aerospace Tech companies founded by alumni from top colleges in India
In the last 10 years, IIT Madras graduates' Aerospace Tech companies in India have raised the most funding among top colleges. BITS Pilani alumni are second, and IIT Kanpur alumni are third.
College | Total Funding |
|---|---|
IIT Madras | $21.5M |
BITS Pilani | $3.2M |
IIT Kanpur | $891K |
IIM Ahmedabad | - |
IIT Kharagpur | - |
University of Oxford | - |
York University | - |
Top News in Aerospace Tech in India
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UAE's Empire Aviation and ePlane partner for eVTOL expansionch-aviation•Feb 26, 2025•Empire Aviation Group, The ePlane
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Aerpace Ind. Standalone December 2024 Net Sales at Rs 0.39 crore, up 29.67% Y-o-YMoneycontrol•Feb 10, 2025•aerpace
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The ePlane Company Secures Synergistic Lift Patent, Paving the Way for a New Era in Urban Air MobilityBusiness News This Week•Feb 10, 2025•The ePlane
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Speciale Invest Sets Up Second VC Fund Worth INR 286 Cr With Focus On Early Stage StartupsInc42•Apr 06, 2022•Speciale Invest, The ePlane, CynLr, QNu Labs and 5 others
