Inside FPV
Drone-Tech| Pre-Series A
Surat, India
https://insidefpv.com/
InsideFPV is a pioneering drone technology company creating agile, robust drones tailored for consumer, defense, and agriculture applications. Leveraging proprietary tech, they offer user-friendly, affordable drones that enable seamless access to aerial technology, including features like real-time data monitoring and integrated, secure software solutions. InsideFPV’s achievements include recognition by the Indian Army and awards in global tech forums like X-Pitch Singapore. Their vision is to democratize the skies, making drones accessible and trustworthy, while striving to become the world’s leading drone manufacturer.
Founders
Arth Chowdhary
Co-Founder & CEO
6+ Years experience in the field of UAV and Drones.
Worked with Projects on DRDO and also was a Board Member of Team UAV.
B.Tech, Mechanical Engg, VIT Vellore
Oshi Kumari
Co-Founder & COO
5+ Years in the field of Drones.
India’s first FPV Woman Drone Pilot. 1st Runner-Up of Aarambh 2023, powered by Shiprocket.
Deyvant Bhardwaj
Co-Founder & CTO
6+ Years experience in the field of Drones.
Collaborated with Bangalore Airport, ONGC and ISRO. Qualified for Asia Drone Championship ranking 9th in Asia.
B.Tech, EEE, VIT Vellore
Key Highlights
Revenue (Apr'24 - Oct'24)
INR 1.7 Cr
Gross Margin
64%
Order Book
INR 20 Cr+ in pipeline
Revenue F.Y 23-24
INR 1.4 Cr
Achievements
- Level 5 autonomous capabilities for drones
- True remote control operation from a distance of up to 7,000 km.
- Reached a top speed of 350 km/h
Key Investors
Key Clientele/MOU Signed
Deal Details
Current Deal Round
Pre-Series A
Round Size
INR 10 Cr (80% Committed)
Minimum Ticket Size per Investor
INR 3,00,000
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 75 Cr – Floor
INR 150 Cr – Cap
Discounts:-
15% (12 months)
25% (12-18 months)
After 18 months conversion will happen at floor.
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners
Smridh Kohli
Devanshi Pahuja
Documents
Pitch Call Recording
Media
InsideFPV Signs MOU With UAV Dynamix To Deliver 10,000 Drones
InsideFPV which is an Indian deep-tech drone firm, has signed a strategic Memorandum of Understanding (MoU) with UAV Dynamix, an Israeli drone business. According to this arrangement, InsideFPV will deliver about 10,000 drones to UAV Dynamix over the next decade. The MoU intends to harness both firms’ technological strengths to develop breakthrough drone solutions, hence driving worldwide expansion. This collaboration will promote the sharing of technologies, including both hardware and software, with the goal of generating efficient solutions based on the inventions of both companies.
Read more at: https://businessworld.in/article/insidefpv-signs-mou-with-uav-dynamix-to-deliver-10000-drones-
InsideFPV first prize in FPV category at Him-Dron-A-thon by Indian Army and FICCI
InsideFPV, Indian deep tech drone company and a leading innovator in First-Person View (FPV) drone technology, is announcing its achievement of being adjudged the winner of Him-Dron-A-thon at Himtech 2024 conducted by the Indian Army and FICCI. The event was organized at Wari La, Leh on September 17-18, and the award was bestowed by the Honourable Lieutenant Governor of Ladakh, Brigadier Dr. BD Mishra, Lt Gen MV Suchindra Kumar and Lt. General Hitesh Bhalla.
Read more at: https://timestech.in/insidefpv-first-prize-in-fpv-category-at-him-dron-a-thon-by-indian-army-and-ficci/
