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ideaForge is India's largest manufacturer of drones for defence and industrial applications.
Basic Information
Mumbai, Maharashtra based ideaForge is India's largest manufacturer of drones for defence and industrial applications. ideaForge is a pioneer in research, development, production and operation of compact, cost effective and user friendly Unmanned Aerial Vehicles (UAVs) in India. They believe in their motto to Create technically superior UAVs for intelligence, surveillance and reconnaissance (ISR) and to Inspire the world by leading the surge of technological advancements in the field of Unmanned Systems. ideaForge was founded by IIT Bombay alumni in 2007. It was earlier incubated at SINE IIT Bombay and CIIE, Ahmedabad. It is driven by highly motivated professionals from various fields and backgrounds such as aerospace, electronics and mechanical engineering. They believe in creating a better world for the mankind using the modern technological advancements in the Aerospace and Robotics Industry. ideaForge is the first organization to indigenously develop and manufacture Vertical Take-off and Landing (VTOL) UAVs in India. Currently, the organization has deployed over 700 systems and has trained over 1300 pilots in services including Indian Army, Navy, Air-Force, all CAPFs (CRPF, BSF, NSG, etc), State Police Forces, Indian Railways, TAFE, NTPC, DRDO, L&T and many more.
Legal Name
:
ideaForge Technology Pvt. Ltd
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
2007
No. of Employees
:
151 to 250
Core Team
:
1.  
Ankit Mehta
Co Founder and CEO
2.  
Rahul Singh
Co Founder and CTO
3.  
Ashish Bhat
Co Founder and VP
4.  
Vipul Joshi
Co Founder and CFO

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Funding

Total Funding

$45.7M

Investors
:
1.  
Florintree
2.  
Department of Science and Technology
3.  
IndusAge Partners
4.  
WRVI Capital

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Detail Round Breakdown
Round 1

$20M

Series Name
:
SERIES-B
Date
:
28th Apr 2022
Investors
:
1.  
Celesta Capital
2.  
Infosys
3.  
Infina Finance
4.  
Qualcomm

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