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.
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Legal Name
:
Ubifly Technologies Private Limited
Headquarters
:
Chennai, Tamil Nadu, India
No. of Employees
:
11 to 20
Core Team
:
1.
Satya Chakravarthy
Co-Founder
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Feb | Company Incorporation
Incorporated after almost 2 years of informal existence.
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
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
Detail Round Breakdown
Investors
:
4.
UTEC- University of Tokyo Edge Capital