Drone Technology Startup Enercomp Solutions Secures Rs 2 Crore Funding
Drone technology startup Enercomp Solutions has successfully secured Rs 2 crore in a bridge funding round, primarily led by angel investors. This funding round was advised and facilitated by Bestvantage Investments, a boutique investment advisory firm that connects rapidly growing startups with strategic capital across India and the Middle East.
The funds raised will be allocated towards expanding manufacturing capabilities, enhancing research and development for AI-driven drone software, and building delivery infrastructure for large-scale national deployment initiatives.
Enercomp’s Future Plans
Enercomp plans to invest Rs 8 crore strategically over the next year to bolster its intellectual property, product lineup, and execution capabilities.
Company Overview
Founded in Ahmedabad, Enercomp Solutions operates at the crossroads of hardware, software, and services. The startup’s integrated offerings include in-house drone manufacturing, Drone-as-a-Service (DaaS), and a proprietary GIS analytics platform.
Innovative Drone Models
Enercomp asserts that it has developed seven proprietary drone models, which include VTOL, fixed-wing, and surveillance variants. These models are currently being actively deployed in both commercial and governmental projects.
With product sales accounting for 70% of its revenue, Enercomp has established a client base that includes prominent firms such as Tata Projects, Reliance, Mahindra Susten, L&T, and various government agencies. Its software dashboard is widely used for real-time, mission-critical data analysis by clients in the enterprise and public sectors.
Financial Performance
Enercomp claims to have experienced growth from Rs 3.1 crore in FY23 to Rs 5.6 crore in FY24, all while maintaining profitability. The company reports that it has already achieved Rs 4.2 crore in revenue for FY25, with an active order book exceeding Rs 9 crore.
So far, the startup has amassed Rs 6.9 crore through previous funding rounds, resulting in a significant increase in its valuation from Rs 12.5 crore to Rs 60 crore. The founding team retains more than 80.5% equity, including a 4% Employee Stock Ownership Plan (ESOP) pool.
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