Key Metrics
- No. of Employees321
- Founded Year 2013
- Company StagePrivate Limited Company
- Total Funding₹206.1 Cr
- Industry
- Headquarter
- Company StatusActive
About Aereo
Aereo emerges as a pioneering force in India's integrated drone solutions landscape. Formerly recognized as Aarav Unmanned Systems, the company was established in 2013 within the research labs of IIT Kanpur by founders Vipul Singh and Suhas Bansiwala. Their visionary initiative took shape during a period when the potential of drone technology for commercial applications remained largely unexplored.
Business Model
Aereo provides drone solutions for urban and rural planning, addressing industry-specific challenges, and supporting ESG and SDG objectives. The company generates revenue by offering drone services and manufacturing to mining, infrastructure, and development industries.
Top Competitors
MD
Marut DronesU74999TG2019PTC132342
AL
Astrogate LabsU74999KA2017PTC106448
AA
Aadyah AerospaceU29270KA2016PTC092332
Aereo Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹206.1 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
- 3one4 Capital, StartupXseed Ventures, KITVEN, Auxano Capital
Note:
Valuation as on Jul 19, 2024
Aereo Financial Details
Financial Highlights
FY 2023-24 Revenue₹56.12 Cr
FY 2023-24 Expenses₹70.21 Cr
FY 2023-24 Profit/Loss-₹14.43 Cr
Net Cash Flow From Operations-₹2.92 Cr
Aereo Key People
People Metrics
Current Core Team2
Board Members/Directors3
Aereo Documents