About Drones sector in Bengaluru, India
The Drones sector in Bengaluru, India comprises 151 companies, including 54 funded companies having collectively raised $230M in venture capital money and private equity. Out of these, 11 are Series A+ funded.
Drones sector in Bengaluru, India has seen 5 acquisitions.
This sector includes drones are defined as any powered unmanned aerial heavier-than-air vehicle (manual or autonomous) and excludes unmanned ground, undersea and surface vehicles.
Drones sector is also known as Unmanned Aerial Systems, Unmanned Aerial Vehicles, Flying Robots or Quadcopter.
Includes manufacturers of consumer, commercial and military, fixed-wing, rotor and tethered unmanned aerial vehicles; providers of software for general operation and control, navigation, autopilot, collision avoidance, fleet management, airspace and flight path mapping; UAV-enabled service providers such as drone/drone pilot marketplaces and rental platforms; drone hardware parts, accessories and peripherals including spare parts, payloads and sensors; drone detection and anti-drone technologies including anti-drone geofencing companies. Excludes unmanned ground vehicles (military, commercial and consumer RC toys), unmanned underwater vehicles; online stores in multi-brand drone retail; drone resellers and distributors; drone-focused online discussion and review forums, and drone-focused social media platforms.
Top Drones Companies in Bengaluru, India
There are 151 Drones startups in Bengaluru, India which include Newspace Research and Technologies, Airbound, Dreamfly Innovations, Flying Wedge Defence & Aerospace, Skylark Drones. Out of these, 54 startups are funded, with 11 having secured Series A+ funding.
2026 has seen the creation of 1 Drones startup in Bengaluru, India. Over the past 10 years, an average of 10 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, IIT Kanpur and Indian Institute of Science.
Here is the list of top Drones startups in Bengaluru, India
Manufacturer of uncrewed aerial systems for military and civilian applications. These systems include hybrid multi-rotor aircraft, tethered electric platforms, and loitering munitions. The technology incorporates intelligent mesh networks and autonomous ground interdiction capabilities. These platforms support parallel task execution and dynamic retasking for various operational requirements.
Key facts about Newspace Research and Technologies
- Founded Year: 2018
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $73.2M
- Investors: Hda Tech Growth, QRG Investments and Holdings and 100 Others
- Latest Funding Round: Series B, Aug 01, 2024, $*****
- Tracxn Score: 77/100 What is this?
2. Airbound
Manufacturer of autonomous drones designed for automated cargo delivery services. These blended wing body aircraft utilize vertical takeoff and landing technology to transport payloads without the need for runways or ground infrastructure. The onboard systems enable navigation and flight management in various environmental conditions. These crafts perform automated package pickup, delivery, and return operations to support logistics and supply chain distribution.
Key facts about Airbound
- Founded Year: 2020
- Location: Bengaluru (India)
- Stage: Series A
- Total Funding till date: $50M
- Investors: Greenoaks, Lightspeed Venture Partners and 13 Others
- Latest Funding Round: Series A, Aug 24, 2026, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 4 of 995 Competitors
Manufacturer of high-performance lithium-ion and graphene batteries for drones and electric aviation. Its products include high-power-density batteries, battery management systems, and battery heating solutions designed to improve flight endurance, charging speed, safety, and reliability, with applications across agricultural, surveying, surveillance, and defense drones.
Key facts about Dreamfly Innovations
- Founded Year: 2022
- Location: Bengaluru (India)
- Stage: Seed
- Total Funding till date: $6.85M
- Investors: Avaana Capital Advisors, Shubhalakshmi Polyesters and 25 Others
- Latest Funding Round: Venture Debt, Feb 02, 2026, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 2 of 30 Competitors
Manufacturer of autonomous unmanned aircraft and loitering munitions. The company develops combat aircraft, interceptors, and loitering munitions designed for autonomous operation without remote control. Its platform focuses on providing indigenous unmanned aerial solutions for defense and aerospace applications.
Key facts about Flying Wedge Defence & Aerospace
- Founded Year: 2022
- Location: Bengaluru (India)
- Stage: Seed
- Total Funding till date: $3.44M
- Investors: KBG ENGINEERS, Samrridhi and 73 Others
- Latest Funding Round: Seed, Apr 04, 2026, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 9 of 534 Competitors
Provider of drone data analytics and fleet mission management software. The platform processes aerial imagery to deliver actionable intelligence for worksite inspections, topographic surveying, and volumetric measurements. Software tools facilitate the secure execution of autonomous flights, regulatory compliance, and distributed operation management for enterprises. These services support various industrial sectors including mining, infrastructure, renewable energy, and utility management by transforming spatial data into operational insights.
Key facts about Skylark Drones
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Series A
- Total Funding till date: $5.84M
- Investors: Thakral, Info Edge Ventures and 91 Others
- Latest Funding Round: Series A, Jun 15, 2026, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 3 of 80 Competitors
Companies founded year-on-year in the Drones sector in Bengaluru
1 new startup has been founded so far in 2026 in the Drones sector in Bengaluru. 17 Drones startups in Bengaluru were founded in 2023 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 10 |
2024 | 11 |
2023 | 17 |
2022 | 8 |
2021 | 14 |
2020 | 9 |
2019 | 12 |
2018 | 15 |
2017 | 8 |
Stage-wise distribution of Drones sector companies in Bengaluru
Out of the total 151 Drones companies in Bengaluru, 54 have secured funding. Among them, 11 have reached Series A or higher, and 7 to Series B or beyond.
Founded - 151
Funded - 54
Series A+ - 11
Series B+ - 7
Series C+ - 5
Company Stage | No. of companies |
|---|---|
Founded | 151 |
Funded | 54 |
Series A+ | 11 |
Series B+ | 7 |
Series C+ | 5 |
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Funding Trends in the Drones sector in Bengaluru
Total funding year-on-year in the Drones sector in Bengaluru
The Drones sector in Bengaluru saw a total funding of more than $228M in the last 10 years. The most amount of funding was in 2024 at more than $57.6M. There has been a total funding of $52.5M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $52.5M |
2025 | $18.6M |
2024 | $57.6M |
2023 | $42.1M |
2022 | $20M |
2021 | $28.4M |
2020 | $4.01M |
2019 | $2.57M |
2018 | $1.84M |
2017 | $385K |
Recent Funding Rounds in Drones in Bengaluru
In the year 2026, till September 2026, Drones companies in Bengaluru have raised $52.1M in equity funding across 9 rounds.
In the same period last year (i.e. till September 2025), Drones companies in Bengaluru had raised $5.14M across 10 rounds.
So, 2026 has seen a 913.64% rise in funding in Drones companies in Bengaluru as compared to 2025.
Here are some recent, important funding rounds in Drones companies in Bengaluru:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Angel | 9134 | Sep 15, 2026 | ||
Seed | 4462 | Sep 07, 2026 | ||
Seed | 1869 | Sep 01, 2026 | and 1 more | |
Series A | 9964 | Aug 24, 2026 | ||
Seed | 6028 | Aug 19, 2026 |
Top Investors in Drones in Bengaluru
Lightspeed Venture Partners is the top investor in Drones companies in Bengaluru based on number of companies invested.
Here are some top investors in Drones companies in Bengaluru:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Menlo Park (United States) | ||
Cambridge (United States) | - | |
Bengaluru (India) | ||
San Diego (United States) | - | |
Gurugram (India) |
M&A activity in Drones sector in Bengaluru
In the year 2023, till March 2023, 1 acquisition happened in Drones sector in Bengaluru. Last year, in 2022, a total of 1 acquisition happened in Drones sector in Bengaluru.
Here are some recent, important acquisitions in Drones sector in Bengaluru:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 17, 2023 | ||
Business Acquisition | May 26, 2022 | ||
Business Acquisition | Dec 15, 2021 | ||
Acqui-Hired | Dec 02, 2021 | ||
Business Acquisition | Dec 13, 2019 |
Acquisition trends in Drones sector in Bengaluru
Here are the acquisition trends in Drones sector in Bengaluru:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | 2 |
2020 | - |
2019 | 1 |
2018 | - |
2017 | - |
Colleges which produce the most Drones companies in Bengaluru
Companies founded by alumni from top colleges in the Drones in Bengaluru
Most number of Drones startups in Bengaluru have been founded by alumni from IIT Bombay, IIT Kanpur and Indian Institute of Science.
College | No. of companies |
|---|---|
IIT Bombay | 4 |
IIT Kanpur | 4 |
Indian Institute of Science | 3 |
IIT Madras | 2 |
Carnegie Mellon University | 1 |
Harvard Business School | 1 |
Harvard University | 1 |
IIM Bangalore | 1 |
IIT BHU | 1 |
IIT Delhi | 1 |
Total funding in Drones companies founded by alumni from top colleges in Bengaluru
In the last 10 years, IIT Kanpur graduates' Drones companies in Bengaluru have raised the most funding among top colleges. IIT Bombay alumni are second, and IIT Madras alumni are third.
College | Total Funding |
|---|---|
IIT Kanpur | $23.3M |
IIT Bombay | $16.3M |
IIT Madras | $8.35M |
Indian Institute of Science | $7.2M |
University of Toronto | $2.68M |
IIT Guwahati | $1.57M |
Linköping University | $1M |
Technical University of Munich | $753K |
IIT Delhi | $312K |
University of Michigan - Stephen M. Ross School of Business | $312K |
Top News in Drones in Bengaluru
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Asteria Aerospace demonstrates India’s first micro categoryAsteria Aerospace•Jul 22, 2025•Asteria Aerospace
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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
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AI Studio Asteria Taps Filmmaker Paul Trillo As Strategic PartnerDeadline•Dec 16, 2024•Asteria Aerospace, Trillo
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GrowX Ventures Aims ₹4B For Backing Deep-Tech StartupsElectronicsforyou•Dec 12, 2024•GrowX Ventures, Pixxel, Locus, Progcap and 6 others
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Scandron wins top spot at HIM-DRONE-A-THON 2 for high altitude logistics drone challengeExpress Computer•Sep 23, 2024•Scandron
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Asteria Aerospace launches cloud platform to boost drone data managementAsian News International•Jul 25, 2024•Asteria Aerospace, http://skydeck.io
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USAID-supported SAMRIDH, Redwing launch drone-based health network in Rayagada, OdishaIndiaMedToday•Nov 21, 2023•Redwing, SAMRIDH IMPACT
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Asteria Node integration platform “New Gravio” is now available! Compatible with generation AIhttp://re-how.net•Jun 16, 2023•Asteria Aerospace
