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The ePlane Company builds electric flying taxis for door-to-door commuting in cities.
Basic Information
The ePlane Company is a deeptech startup making commuting in cities 10X faster. It is incubated at IIT Madras and is founded by an IITM professor/student duo, Prof Satya Chakravarthy and Pranjal Mehta. Currently it has a 17 member team with expertise across aerospace, electrical, ai and manufacturing. They’re economical, safe, eco-friendly and quiet.
Legal Name
:
Ubifly Technologies Private Limited
Headquarters
:
Chennai, Tamil Nadu, India
Business Model
:
B2C,  B2B2C  
Founding Date
:
2019
No. of Employees
:
11 to 20
Core Team
:
1.  
Satya Chakravarthy
Co-Founder
2.  
Pranjal Mehta
Co-Founder
Timeline

2019

Company Incorporation

Feb | Company Incorporation

Incorporated after almost 2 years of informal existence.

2020

Raised Funding

Jul | Raised Funding

Seed round from Speciale Invest.

Target Market
B2B
Helicopter taxi service providers across the world.
Client Segment
:
Travel/Hospitality,  Mobility / Transportation  
Target Companies
:
Small Enterprise,  Medium Enterprise  
Target Geography
:
Global  
B2C
HNIs initially for selling. Upper middle income for service.
User Age
:
26 to 34,  35 to 45,  46 to 60,  More than 60  
User Income
:
Upper-middle Income,  High Income  
Location
:
Global  
Funding

Total Funding

$6.0M

Investors
:
1.  
Java Capital
2.  
Micelio
3.  
Speciale Invest
4.  
FirstCheque

See More

Detail Round Breakdown
Round 1
Round 2

$1M

Series Name
:
SEED
Date
:
2020
Investors
:
1.  
Speciale Invest
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