Company Intelligence Profile
Garuda Aerospace Limited
Garuda Aerospace is a Chennai-based drone manufacturer and Drone-as-a-Service (DaaS) provider, positioning itself as a market leader in agri-drone innovation in India.
Last updated 6 September 2026
Garuda Aerospace Limited, incorporated in October 2015, is a Chennai-based drone manufacturer and Drone-as-a-Service provider focused on agricultural drones for crop monitoring and precision spraying, alongside industrial, surveillance, and pilot-training offerings. Founded by Agnishwar Jayaprakash and Rithika Mohan, this DPIIT-recognised startup reported revenue of Rs 124.8 crore for the financial year 2025.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Garuda Aerospace Limited |
|---|---|
| CIN | U74900TN2015PTC102474 |
| PAN | AAGCG1621A — partial |
| Status | Active |
| Listing | Unlisted (Public Limited Company, not listed on any stock exchange) |
| Incorporated | 06 October 2015 |
| ROC | RoC Chennai / Tamil Nadu |
| Sector (NIC) |
|
| Registered address | Third Floor, Agni Business Centre, No.24/46, K B Dasan Road, Alwarpet, Chennai, Tamil Nadu 600018 |
| Authorized capital | ₹20.00 Lakh |
| Paid-up capital | ₹11.93 Lakh |
Business Overview
- Garuda Aerospace is a Chennai-based drone manufacturer and Drone-as-a-Service (DaaS) provider, positioning itself as a market leader in agri-drone innovation in India
- Core lines: precision-agriculture drones (crop monitoring, precision spraying), industrial/enterprise drones, security & surveillance solutions, and DGCA-approved remote pilot training
- Founded 2015 by Agnishwar Jayaprakash and Rithika Mohan
- Sector classified as Transport & Logistics / aircraft component manufacturing by TheCompanyCheck
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Agnishwar Jayaprakash | - | Whole-time Director | 10 Jan 2022 |
| Rithika Mohan | - | Whole-time Director | 10 Jan 2022 |
| Mandakulathur Ramachandran Venkatesh | - | Director | 05 Nov 2025 |
| Asha Vijayaraghavan | 08116670 | Director | 05 Nov 2025 |
Financials
- Revenue ₹124.8 Cr. EBITDA and Net Profit for FY25: locked/unavailable on TheCompanyCheck. FY2024: Operating revenue range ₹100–500 Cr (broad bucket, not exact figure)
- EBITDA growth +126.8% YoY
- book net worth growth +249.44% YoY. Borrowings: charges data shows ₹9 Cr in open charges and ₹19 Cr in satisfied charges. No standalone-vs-consolidated distinction was available in either source (company likely reports standalone only, no listed subsidiaries found). PAT, absolute EBITDA and net worth in rupee terms: not obtained
Funding
- total funding raised ~$37.09 million across 8 rounds, latest round dated 11 June 2025; company currently at Series B stage
- Specific round names/investors/valuation not available from the source fetched — flagged as partial
- Tracxn was not used beyond this since Inc42 already gave stage/total; no independent round-name cross-check performed
In the News
Garuda Aerospace inks MoU with Australia's TAS to advance autonomous drone capabilities
AgroSpectrum India · a month ago
Garuda Aerospace Deploys Sanjeevani Drones For Flood Relief in Nepal
Hamro Patro · a month ago
Garuda Aerospace Deploys Drones for Flood Relief Operations in Nepal
sUAS News · a month ago
Garuda Aerospace deploys drones in Nepal for flood relief
manufacturingtodayindia.com · a month ago
Garuda Aerospace deploys drones for flood relief operations in Nepal
Technology Khabar · a month ago
Headlines about Garuda Aerospace Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Borrowings
- Open charges ₹9 Crore
- Satisfied charges ₹19 Crore
- Charge-holder names, dates, and instrument-wise breakdown: not obtained
Legal / Litigation
- Indian Kanoon search surfaced three matters referencing Garuda Aerospace Pvt Ltd: (1) M/S Garuda Aerospace Pvt Ltd vs The State Of Karnataka, Karnataka High Court, Writ Petition No. 4949 of 2023, decided 04 Mar 2025, before Justice M. Nagaprasanna
- (2) A Madras High Court matter (Unknown vs The State Of Tamil Nadu, 31 Jan 2025, Justice P. Velmurugan) where Garuda Aerospace Pvt. Ltd. (registered address matching K.B. Dasan Road, Alwarpet, Chennai) is a named party/respondent
- (3) Ideaforge Technology Limited vs The State Of Tamil Nadu, Madras High Court, 28 Nov 2023 (Justice G Jayachandran), in which Garuda Aerospace Pvt Ltd appears as a represented party — likely a drone-industry regulatory/tender dispute alongside a competitor (Ideaforge)
- Nature/outcome of each case (writ petition subject matter, final orders) not extracted in detail — flagged as partial; recommend direct case-page review before publishing specifics
Competitors
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