Key Metrics
  • No. of Employees273
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹255.43 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Garuda Aerospace

Garuda Aerospace focuses on the design, build and customization of unmanned aerial vehicles (UAVs) or drones for various applications. Catering to diverse needs such as event photography, agricultural survey, reconnaissance and surveillance, Garuda Aerospace meets the customer’s requirements with precision.


The Garuda team consists of enthusiastic and dynamic engineers, who have a comprehensive approach towards design and development, thereby, making them well knit. The team’s engineers experiment with new design methodologies that can be incorporated in future projects.


Garuda Aerospace is an international standard certified company in ISO9001:2015 and AS9100 for Aerospace Quality Management Systems. Currently, the company has begun the process for a Wireless Planning & Coordination (WPC) license.


Garuda Aerospace envisions itself to be the finest commercial UAV design, development, service and support organization in India.

Business Model

Garuda Aerospace is a drone-as-a-service startup that designs, manufactures and customizes Unmanned Aerial Vehicle (UAVs or Drones) for various use cases such as deliveries, disaster management agriculture et al. It primarily collects revenue from surveillance charges and related operating services while the rest comes via sale of drones and accessories.

Top Competitors
ST
Senseimage TechnologiesU74999TN2017PTC117448
TS
TsawU29304UP2019PTC118508
ID
IdeaforgeU31401MH2007PTC167669
SD
Skylark DronesU29253WB2015PTC207178
Garuda Aerospace Funding Details
Funding Highlights
Latest Founding RoundSeries B
Total Funding Raised₹255.43 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Ocgrow Ventures, Silver Swan Investments
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Garuda Aerospace Financial Details
Financial Highlights
FY 2022-23 Revenue₹47.05 Cr
FY 2022-23 Expenses₹38.64 Cr
FY 2022-23 Profit/Loss₹6.16 Cr
Net Cash Flow From OperationsUndisclosed
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Garuda Aerospace Key People
People Metrics
Current Core Team1
Board Members/Directors2

Core Team

AJ
Agnishwar JayaprakashFounder & CEO

Board Members/Directors

AJ
Agnishwar JayaprakashWholetime Director
RM
Rithika MohanDirector
Garuda Aerospace Documents

AY - 2018-19

Profit and Loss statement - Garuda Aerospace - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Garuda Aerospace for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Garuda Aerospace - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Garuda Aerospace for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Garuda Aerospace - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Garuda Aerospace for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Garuda Aerospace - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Garuda Aerospace for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Garuda Aerospace - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Garuda Aerospace for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Garuda Aerospace - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Garuda Aerospace for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Garuda Aerospace - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Garuda Aerospace for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Garuda Aerospace - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Garuda Aerospace for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Garuda Aerospace - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Garuda Aerospace for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Garuda Aerospace - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Garuda Aerospace for FY 2022-23.
₹249.00 ₹498.00

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