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. See more

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
true
Feb | Company Incorporation
Incorporated after almost 2 years of informal existence.
2020
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

$850.0k

Investors

:

1.

Speciale Invest

2.

FirstCheque

3.

Java Capital

Detail Round Breakdown

Round 1

$850k

Series Name

:

SEED

Date

:

2020