Garuda Aerospace Private Limited Asset Profile

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Year established

2015

Location

Chennai Tamil Nadu India

Primary Industry

Aerospace

About

Based in Chennai, India, and founded in 2015 by Agnishwar Jayaprakash, Garuda Aerospace Private Limited operates as an aerospace company that develops unmanned aerial vehicles (UAVs) designed for various business and economic projects. In June 2022, Garuda Aerospace Pvt Ltd raised USD 30 million in Series A funding. The Series A funding values Garuda Aerospace Pvt Ltd at USD 250 million post-money. Garuda Aerospace Pvt Ltd provides vehicles that give needs, including event photography, agricultural survey, reconnaissance, and surveillance, and environmental services, allowing the government and other businesses to use UAVs for a project, including cleanliness, health, and other business-related projects.

Current Investors

Ocgrow Ventures, Silver Swan Capital, Silverstone Capital

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Primary Industry

Aerospace

Sub Industries

Aerospace, Monitoring & Security Software, Logistics Software, Farm Support Services

Website

www.garudaaerospace.com

Verticals

Agtech, Artificial Intelligence, Cloud Computing, Manufacturing, Robotics

Company Stage

Series A

Total Amount Raised

Subscriber access only

Timeline of Key Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Mar 2016

(1,097,069)

(1,030,678)

(1,121,100)

31 Mar 2017

1,895,240

(6,969,413)

(367.7%)

(6,416,224)

(338.5%)

(6,969,413)

(367.7%)

31 Mar 2018

9,025,424

376.2%

2,307,649

25.6%

2,681,867

29.7%

2,281,475

25.3%

31 Mar 2019

8,575,916

(5%)

(1,732,745)

(20.2%)

(644,698)

(7.5%)

(1,732,745)

(20.2%)

31 Mar 2020

31 Mar 2021

31 Mar 2022

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Employee Data

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