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Aereo

#3, 80 Feet Road, MCHS Layout, Jakkur, Bangalore, Karnataka, 560064, India

Overview

Aereo leverages drone hardware and AI-powered analytics to deliver inventory assessments, quality inspections, and land record digitization across sectors including mining, infrastructure, urban development, and land records. The company has mapped over 45,000 villages under the SVAMITVA scheme and covered more than 50,000 square kilometers for the Digital India Land Record Modernization Program. It has filed 15 patents spanning drone hardware, design, and predictive flight planning technologies. Aereo reports profitability at the EBITDA level. The company plans to use newly raised funds to accelerate growth, drive innovations in drone technology, and expand its presence in international markets. Founded in 2013, Aereo faces competition from Skylark Drones, IdeaForge, and Garuda Aerospace. Aereo is a Bengaluru-based provider of drone-based business intelligence serving mining, infrastructure, urban and rural development, and land records. Its services include large-scale mapping and data collection, having mapped over 45,000 villages under the SVAMITVA scheme and covered more than 50,000 sq. km for DILRMP. The company is a technology partner for Coal India Limited’s Digicoal initiative, supplying data to improve productivity, efficiency, safety, and environmental compliance for large coal mines. Aereo raised $15M in a Series B to expand operations and bolster development efforts. The round was led by 360 ONE Asset with participation from StartupXseed Ventures and Navam Capital. Co-founded by Vipul Singh (CEO) and Suhas Banshiwala (CTO), the company aims to scale its mapping and analytics capabilities across public and private land-record and infrastructure programs. AUS (Aarav Unmanned Systems) develops proprietary commercial-grade drones and drone-based solutions focused on mapping, industrial inspection and precision agriculture. The company produces PPK-enabled hardware such as the INSIGHT-PPK and uses photogrammetry to generate accurate 3D maps and digital elevation models for mining, urban planning, roads and railways. AUS says it is expanding deeper into mapping and targeting the energy sector with technology specifically developed for those applications. The team reported a 6x increase in revenue year-over-year. Management plans to use new funding to expand market reach, increase R&D, and pursue longer-term applications in logistics and urban mobility. Founded in 2013 and initially incubated at the SIDBI Innovation and Incubation Centre at IIT-Kanpur, the company is Bengaluru-based and aims to grow its presence in India and select international markets. Aarav Unmanned Systems builds unmanned aerial vehicles and delivers UAV-based land surveying for civil engineering, infrastructure and utility sectors. It provides precision agriculture solutions to optimise irrigation, fertilisation and pesticide distribution and to give early failure warnings. The company also supplies thermographic data to detect hot spots and inefficiencies in power transmission lines, solar plants and other critical industries. Founded in 2013 and incubated at the SIDBI Innovation and Incubation Centre (SIIC) at IIT‑Kanpur, Aarav focuses on cost-effective, domain-specific drone products. The company recently raised an undisclosed fresh round and intends to use the capital for new product development and team expansion. No operating metrics or valuation were disclosed in the article.

Total raised
$17M
Funding rounds
4
Latest round
Series B
Latest activity
Oct 2024

Industries

  • Aerospace
  • Business Intelligence
  • Drones
  • Geospatial
  • Robotics
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Recent funding

  1. Series B

    Oct 2024

    $2M

  2. Series B

    Jul 2024

    $15M

Team