| Date | Title | Description |
| 03.08.2026 | ideaForge secures Rs 151 Cr from govt's RDI scheme to develop its autonomous drone YETI | Leading drone manufacturer ideaForge Technology has secured a letter of intent for up to Rs 151 crore in long-term debt financing under the Government of India's Research, Development and Innovation (RDI) scheme to develop YETI, a heavy-lif... |
| 11.07.2026 | ideaForge Raises ₹500 Cr Via QIP; Allots 62.9 Lakh Shares | SUMMARY
ieaForge's fundraising committee approved the issue and allotment of around 62.89 Lakh equity shares to eligible QIBs at an issue price of ₹795 per share
The company issued the new equity shares at 5% lower than the floor price of ₹... |
| 08.07.2026 | ideaForge launches Rs 500 crore QIP after strong Q4, eyes expansion into combat drones and logistics | ideaForge Technology has launched a qualified institutional placement (QIP) to raise up to Rs 500 crore, as the drone maker looks to strengthen working capital, reduce debt and invest in new products.
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The company’s fund-raising... |
| 07.07.2026 | ideaForge Opens QIP, Sets Floor Price At ₹835.86 | SUMMARY
ideaForge has opened its Qualified Institutional Placement (QIP) on July 7 to raise fresh capital, with a floor price of ₹835.86 per share
The fundraising comes as ideaForge scales up its defence and logistics drone portfolio follow... |
| 27.06.2026 | New-Age Tech Stocks: Meesho, Smartworks Rally; ideaForge, EaseMyTrip Tumble | SUMMARY
It was a mixed week for new-age tech stocks, with 23 of the 57 stocks gaining in a range of 0.01% to about 15% and 34 stocks declining between 0.15% to 11.75%
Shares of Amagi, Aequs, Nykaa, Kissht, Shadowfax and SEDEMAC touched fres... |
| 13.06.2026 | New-Age Tech Stocks: EaseMyTrip, SEDEMAC Lead Weekly Gains; Yudiz, ideaForge Slip | SUMMARY
Thirty one out of the 57 new-age tech stocks under Inc42's coverage gained in a range of 0.05% to close to 24% this week, while 25 stocks fell in a range of 0.30% to close to 15%
hares of Kissht, Ather Energy, Honasa Consumer, Shado... |
| 06.06.2026 | New-Age Tech Stocks: BlueStone, ideaForge Lead Weekly Gains; PB Fintech, Meesho Slip | SUMMARY
31 out of the 57 new-age tech stocks under Inc42's coverage fell in a range of 0.03% to close to 10% this week. The remaining 26 gained between 0.04% to about 16%
The Nifty 50 and Sensex fell over 0.5% each during the week to close ... |
| 04.06.2026 | ideaForge’s Shares Locked At Upper Circuit After Fundraise Approval | SUMMARY
The stock opened at ₹898.60 per share this morning and has been locked in upper circuit since
Market capitalisation of the company stood at ₹3,898.81 Cr ($407.2 Mn)
Shares have reached this high since October 3, 2023, where the stoc... |
| 03.06.2026 | ideaForge’s Board Greenlights Plans To Raise ₹500 Cr | SUMMARY
The company plans to undertake preferential allotment, private placement or a qualified institutions placement (QIP), in one or more tranches, to raise the funds
ideaForge bounced back into profitability in the March 2026 quarter re... |
| 23.02.2026 | Qualcomm Ignites India's AI Frontier with $150 Million Investment | Qualcomm injects $150 million into India’s burgeoning AI and technology startup ecosystem. This strategic financial commitment, channeled through Qualcomm Ventures, targets innovative companies across all stages. The focus centers on crucia... |
| 18.02.2026 | Qualcomm to invest $150 million in startups in India | Synopsis
The investments will be deployed through Qualcomm Ventures and the investments will have a particular focus on AI for automotive, IoT, robotics, and mobile use cases.
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| 18.02.2026 | Qualcomm to invest $150M in Indian tech, AI startups | Qualcomm, the global semiconductor company, on Wednesday said it has committed an additional $150 million to an AI venture fund to support Indian startups.
According to a statement, the investments will be deployed through Qualcomm Ventures... |
| 22.01.2026 | ideaForge Q3 Loss Widens 41% YoY To INR 34 Cr | SUMMARY
ideaForge’s net loss for the quarter ended December 31, 2025 (Q3 FY26) widened 41% to INR 33.9 Cr from INR 24 Cr loss incurred in the year-ago period
Operating revenue jumped 79% to INR 31.6 Cr from INR 17.6 Cr in the year-ago perio... |
| 28.10.2025 | ideaForge Q2 Loss Widens 43% YoY To INR 19.6 Cr | SUMMARY
On a sequential basis, the company managed to trim its net loss by 17% from INR 23.6 Cr
The company's top line recovered after taking a hit in Q1 FY26, growing 2.2X on a QoQ basis and 10% YoY to INR 40.8 Cr
Its expenses for the quar... |
| 23.09.2025 | BlackSoil Capital raises Rs 210 Cr debt in H1 2025 to expand SME lending | BlackSoil Capital, the NBFC arm of BlackSoil Group, raised Rs 210 crore in debt in H1 2025, largely via non-convertible debentures (NCDs) and co-investments from family offices and high-net-worth individuals (HNIs).
The round added GrayMat... |
| 23.09.2025 | BlackSoil Capital Raises Over ₹200 Cr Debt in First Half of 2025 The majority of the latest capital raise came through Non-Convertible Debentures (NCDs) and co-investments from family offices and HNIs... | BlackSoil Capital, the non-banking financial company (NBFC) of BlackSoil Group, has announced a raise of INR 210 crore in debt in the first half of 2025.
According to its press release, the majority of the latest capital raise came through ... |
| 20.09.2025 | India's Drone Industry Braces For Impact As Govt Plans Stricter Regulations India may reverse some of its relaxed rules and regulations for drone usage in the country. | India is looking to change its drone rules that may have a big impact on the related industry and hobbyists as well.
India's Civil Aviation Ministry has come up with a "Draft Civil Drone (Promotion and Regulation) Bill, 2025" whic... |
| 18.09.2025 | EndureAir Systems raises $2.85 M from IAN Alpha Fund | Deep-tech UAV (Unmanned Aerial Vehicle) and aerial robotics company EndureAir Systems has raised Rs 25 crore, or roughly $2.85 million, in funding led by IAN Alpha Fund and including IAN Angel Fund.
The money raised will go toward expanding... |
| 10.09.2025 | Dronetech Startup EndureAir Raises INR 25 Cr From IAN Alpha Fund | SUMMARY
The startup will use the capital to advance the development of high-altitude logistics and aerial robotics platforms
It claims to develop both hardware and software entirely in-house. EndureAir has a total of nine patents in vertica... |
| 22.08.2025 | ideaForge Shares Rally 13% To INR 526 | SUMMARY
The rally came two days after the startup unveiled its mapping UAV, the Q6V2 GEO which is capable of mapping diverse terrains
On the financial front, the startup posted a weak quarterly performance. Its operating revenue fell 85% Yo... |
| 27.07.2025 | Eternal, Paytm Shine Amid A Bearish Market For New-Age Tech Stocks | SUMMARY
After showing resilience over the last two weeks of bearish market, 21 out of the 35 new-age tech stocks under Inc42’s coverage fell in a range of 0.05% to slightly over 13% this week
Drone tech company ideaForge fell the hardest th... |
| 09.05.2025 | ideaForge Shares Hit 20% Upper Circuit Despite Poor Q4 Show | SUMMARY
Shares of ideaForge rallied 20% to hit an upper circuit at INR 463.20 on the BSE today, compared to its previous closing price of INR 386
The stocks of the drone manufacturing company zoomed despite its poor Q4 FY25 result
The surge... |
| 17.04.2025 | RTI activist seeks action against 2 IdeaForge partners who pitched drones with Chinese components in army tenders | - |
| 07.04.2025 | Manic Monday: 10 New-Age Tech Stocks Touch New Lows On Tariff Turmoil | SUMMARY
Shares of FirstCry, TBO Tek, ideaForge, Swiggy, Honasa Consumer, Ola Electric, EaseMyTrip, Tracxn, ixigo and Go Digit touched new lows today
Sensex plunged 2.95% to end the day at 73,137.90 today. Meanwhile, Nifty 50 fell 3.24% to 2... |
| 04.04.2025 | India's DeepTech Dream Needs More than Funding The global deep tech race is heating up, with the U.S. leading in unicorns, while China, despite regulatory hurdles, surpassed the U.S. in space-tech fun... | In 2024, Indian DeepTech startups—including those working in defence, AI, space, quantum computing, and semiconductors—attracted USD 1.6 billion in funding, marking a 78% increase from 2023, according to the Nasscom. Also, India's space-tec... |
| 21.03.2025 | GST Council May Fix Uniform 5% Rate For Commercial Drones | SUMMARY
The Goods and Services Tax (GST) Council is reportedly looking to finalise a uniform 5% GST rate on all commercial-use drones
Council may fix the GST rate in its next meeting in order to remove confusion in the classification of unm... |
| 23.02.2025 | 13 New-Age Tech Stocks Touch Fresh Lows This Week Amid Broader Market Decline | SUMMARY
While fourteen of the 32 new-age tech stocks under Inc42's coverage gained in a range of 0.03% to a little under 7%, 18 stocks declined in a range of 0.34% to just under 15%
Fino Payments Bank, Delhivery, EaseMyTrip, ideaForge, and ... |
| 20.02.2025 | ideaForge Backs US-Based Vantage Robotics | SUMMARY
The listed startup has infused $1.83 Mn (around INR 15.96 Cr) in the US-based company
The transaction has been done via compulsorily convertible promissory note
Incorporated in 2013, Vantage Robotics manufactures UAV and UAV compone... |
| 15.02.2025 | Entrepreneur India 35 Under 35 2025: The Geospatial Intelligence Democratiser "I faced a tough challenge— quantifying the devastation of the 2020 California wildfires for an energy giant. The Pro... | For someone yet to hit 35, Suyash Singh has a few notable yet significant accomplishments to his name. This includes building India's first self-propelled hyperloop pod prototype, being the only Asian finalist and one of the top 21 teams gl... |
| 24.11.2024 | IIT Bombay's SINE: Fueling India's Deep-Tech Revolution | In the heart of Mumbai, a revolution is brewing. The Society for Innovation and Entrepreneurship (SINE) at IIT Bombay is gearing up to launch a significant venture capital fund. This fund, amounting to INR 100 crore (approximately $12 milli... |
| 22.11.2024 | IIT Bombay’s Incubator To Float INR 100 Cr Tech-Focussed Fund | SUMMARY
The fund aims to invest in 1,000 startups over the next 10 years with an average ticket size of INR 2-15 Cr
SINE's VC Fund will back startups across sectors, including science, medtech, biotech, space and defence among others
IIT Bo... |
| 22.11.2024 | SINE at IIT Bombay to Launch INR 100 Cr VC Fund for Deep-Tech Startups The fund will focus on science, biotech, space, defense, and other national priority sectors to drive innovation. | The Society for Innovation and Entrepreneurship (SINE), the in-house startup incubator at the Indian Institute of Technology (IIT) Bombay, has announced plans to establish an INR 100 crore Venture Capital (VC) fund.
This initiative aims to ... |
| 11.11.2024 | ideaForge Expands ESOP Pool, Allots 2.6K Stock Options | SUMMARY
The drone manufacturer has approved allotment of 2,608 equity shares under its Employee Stock Option Scheme 2018
Post allotment, the company's paid-up capital increased to INR 43.03 Cr comprising 4.30 Cr equity shares
The shares wil... |
| 21.09.2024 | Infosys Announces Strategic Investment in Space Startup GalaxEye with INR 17 Cr Funding Bengaluru-based GalaxEye develops multi-sensor satellites and synchronisation platforms for high-resolution, all... | Infosys has announced plans to invest up to INR 17 crore in space tech startup GalaxEye Space Solutions through its Infosys Innovation Fund.
According to a regulatory filing, the investment will consist of both equity and compulsory convert... |
| 04.08.2024 | BlackSoil's Bold Moves: A $28 Million Investment Surge in Q1FY25 | In the fast-paced world of finance, agility is key. BlackSoil, an alternative credit platform, has demonstrated this principle with a striking performance in the first quarter of FY25. The company disbursed over ₹220 crore (approximately $2... |
| 04.08.2024 | New-Age Tech Stocks Witness A Mixed Week; Zomato Emerges As The Top Gainer | SUMMARY
Eleven of the 25 new-age tech stocks under Inc42's coverage gained in a range of over 3% to 17% this week
Stock-specific action was seen in the new-age tech stocks, with Zomato and Fino Payments Bank emerging as biggest gainers afte... |
| 02.08.2024 | GalaxEye Space: Pioneering the Future of Satellite Imagery | In the vast expanse of the cosmos, a new player is emerging. GalaxEye Space, a startup born from the innovative halls of IIT Madras, has secured $6.5 million in a Series A funding round. This funding, co-led by Mela Ventures and Speciale In... |
| 02.08.2024 | BlackSoil disburses over ₹220 crore in Q1, sees 40% AUM growth | Alternative lending platform BlackSoil has disbursed over ₹220 crore in Q1 FY25, said a statement from the company.
The company has invested in seven new businesses, bringing its total transactions to ten and successfully exited from five... |
| 01.08.2024 | Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds | GalaxEye team
Spacetech startup GalaxEye Space, insurtech startup Square Insurance, AI quantum startup Bloq Quantum and deeptech life growth platform Acculi Labs bag early-stage funds, the companies said on Thursday.
GalaxEye Space
IIT Madr... |
| 13.07.2024 | Soaring High: ideaForge Eyes Exports To US, Canada To Shore Up Revenue | SUMMARY
ideaForge chairman Srikanth Velamakanni said, in its annual report, that the startup is “intensifying” efforts to enable exports to North America and “other key regions”
Cofounder and CEO Ankit Mehta said that drone manufacturer has... |
| 12.07.2024 | ideaForge Expands ESOP Pool, Allots Another 95,954 Stock Options | SUMMARY
The startup made the allotment towards the exercise of vested stock options under its ESOP, 2018
As per the stock’s closing price on Friday, the newly allotted ESOPs are worth nearly INR 7.95 Cr
Earlier this week, ideaForge acquired... |
| 29.05.2024 | ideaForge Partners with Skylark Labs to Build Safer AI-Integrated Drones | Global drone tech provider ideaForge Technology has announced its partnership with Skylark Labs, a U.S.-based AI solutions company, to integrate advanced proprietary self-evolving AI capabilities into its drones, for public safety and secur... |
| 14.05.2024 | ideaForge PAT Slips 30% QoQ To INR 10.3 Cr In Q4 | SUMMARY
ideaForge, which saw its profit after tax decline sequentially in Q4, had reported a net loss of INR 5.4 Cr in Q4 FY23
Operating revenue increased 12.5% QoQ and over 164% to to INR 102.3 Cr in Q4 FY24
ideaForge said it was granted s... |
| 18.03.2024 | IdeaForge's Q6 Mapping Drone Certified | Technology IdeaForge's Q6 Mapping Drone Certified
18 Mar 2024 2 Min Read CW Team
IdeaForge, a pioneer in the realm of unmanned aerial systems, celebrates a significant milestone as its Q6 mapping drone obtains DGCA (Directorate General of C... |
| 14.08.2023 | ideaForge gets Rs 88 cr surveillance quadcopters order for Indian forces | IdeaForge, a drone technology and manufacturing company, has sealed a deal worth Rs 88 crore to provide surveillance quadcopters and essential accessories to one of the forces under the Ministry of Defence, Government of India, the company ... |
| 24.06.2023 | Drone Maker ideaForge Raises ₹255 Cr From Anchor Investors Ahead Of IPO | ideaForge, a drone manufacturing startup, has raised ₹255 crore or $31 million from anchor investors. The development has come just four days after the company filed its Red Herring Prospectus (RHP) with market regulator SEBI to raise ₹570 ... |
| 24.06.2023 | IdeaForge secures over $30 M from anchor investors prior to its IPO | IdeaForge, a manufacturer of drones, has raised Rs 255 crore ($31 million) from key investors. Four days after the company submitted its Red Herring Prospectus (RHP) to market regulator SEBI in order to raise Rs 570 crore from the public ma... |
| 24.06.2023 | ideaForge Raises Rs 255 Crore in Anchor Round Ahead of IPO | Drone manufacturer ideaForge has raised Rs 255 crore in an anchor round prior to its upcoming initial public offering (IPO), which will be available for public subscription starting Monday.
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Investors such as Qualcomm Asia, In... |
| 23.06.2023 | Ahead of IPO, ideaForge secures over $30 Mn from anchor investors | Drone manufacturing company, ideaForge has raised Rs 255 crore or $31 million from anchor investors. The development took place just four days after the company filed its Red Herring Prospectus (RHP) with market regulator SEBI to raise Rs 5... |
| 16.06.2023 | IdeaForge Technology Completes Pre-IPO Round at Rs 2,500 Crore Valuation | IdeaForge Technology, the largest drone manufacturer in India, has successfully concluded its pre-IPO placement, garnering a valuation of around Rs 2,500 crores.
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IdeaForge recently received clearance from the Securities and E... |
| 01.05.2022 | Florintree leads $20m funding in drone maker ideaForge and other India deals | Drone manufacturer ideaForge has closed its Series B funding round of $20 million led by Florintree, which is owned by Mathew Cyriac – the former India private equity co-head of Blackstone. |
| 29.04.2022 | Ex-Blackstone India head’s VC firm leads $20m round of drone startup | InvestmentsNewsStartups
Kul Bhushan · 12h ago · 1 min readEx-Blackstone India head’s VC firm leads $20m round of drone startup
India-based drone manufacturer ideaForge has raised US$20 million in a series B funding round led by Florintree A... |
| 28.04.2022 | Drone maker ideaForge raises $20 mn in Series B from Florintree, Infosys | Drone manufacturer ideaForge has closed its Series B funding round of $20 million led by Florintree, a company led by Mathew Cyriac, the former private equity co-head for Blackstone India.
The round also saw participation from the company’s... |
| 28.04.2022 | Drone manufacturer ideaForge raises $20 million led by Florintree, to invest in international expansion | Representative image
ideaForge, a drone manufacturer based in Mumbai, has closed its Series B funding round of $20 million led by Florintree.
The round also saw participation from its existing investors such as Celesta, a deep tech investme... |
| 28.04.2022 | Drone Startup ideaForge Raises $20 Mn In Series B Funding To Fuel Global Ambition | Drone manufacturing startup ideaForge has raised $20 Mn in a Series B funding round led by private equity firm Florintree. The round also saw participation from other existing investors such as Celesta, Infosys, Qualcomm, Infina, along with... |
| 26.04.2022 | IdeaForge Raises $20 Million Led By Florintree | - |
| 05.04.2022 | ideaForge Partners with PV Lumens to Distribute its Best-in-class UAVs Across India | Mumbai, Maharashtra, India
India’s leading drone manufacturer, ideaForge Technology Private Limited has partnered with PV Lumens LLP, a rapidly growing distributor of safety, security, connectivity and productivity solutions to distribute i... |
| 24.06.2021 | Куда идти стартапам в Индии | Содержание гида:
Особенности предпринимательства в Индии
Преимущества
Недостатки
Стартапы
Мероприятия
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Инкубаторы и акселераторы
В поисках индийского пути
Не смотреть нельзя, работать сложно
Особенности предпринима... |
| 02.03.2021 | Drone maker ideaForge raises $2 mn from BlackSoil | Mumbai headquartered drone startup ideaForge Technology has raised $2 million (about Rs 15 crore) from venture debt and banking financial company (NBFC) BlackSoil.
The startup has so far raised around $15 million from US-based WRVI Capital,... |
| 02.03.2021 | Drone maker ideaForge raises $2 mn from BlackSoil | Shweta Sharma 2 Mar, 2021
Mumbai headquartered drone startup ideaForge Technology has raised $2 million (about Rs 15 crore) from venture debt and banking financial company (NBFC) BlackSoil.
The startup has so far raised around $15 million f... |
| 02.03.2021 | ₹15 crore from BlackSoil" data-reg="Drone startup ideaForge raises ₹15 crore from BlackSoil">Drone startup ideaForge raises ₹15 crore from BlackSoil | ideaForge has deployed more than 1,000 drones since its inception ₹15 crore from BlackSoil" data-reg="Drone startup ideaForge raises ₹15 crore from BlackSoil">Drone startup ideaForge raises ₹15 crore from BlackSoil 1 min r... |
| 02.03.2021 | ideaForge Technology raises $2 million in funding | Mumbai: Mumbai headquartered drone startup ideaForge Technology has raised $2 million (about Rs 15 crore) from venture debt and banking financial company (NBFC) BlackSoil.
SWITCH is a vertical takeoff and landing (VTOL) UAV with advanced ca... |
| 02.03.2021 | Drone maker IdeaForge raises Rs 15 crore from BlackSoil | ANIIdeaForge, which predominantly builds products for security agencies and defence forces, claims it has deployed over 1,000 drones since its inception.
Bengaluru: IdeaForge, a homegrown unmanned aerial vehicle (UAV) startup, has raised Rs... |
| 02.03.2021 | Drone Specialist ideaForge Secures INR 15 Cr From BlackSoil Capital | March 2, 2021 2 min read
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Homegrown UAV manufacturer ideaForge—backed by WRVI Capital, Qualco... |
| 02.03.2021 | [Funding alert] Mumbai-based drone startup ideaForge raises Rs 15 Cr from BlackSoil | Mumbai-based drone startup ideaForge has raised Rs 15 crore from BlackSoil in a venture debt round. This announcement comes in right after IT services major Infosys announced its investment of $1 million in the company.
According to the off... |
| 12.02.2021 | [Funding alert] Infosys to invest $1M in ideaForge Technology | IT services major Infosys on Thursday said it will invest an additional $ 1 million (about Rs 7.2 crore) in ideaForge Technology, a UAV systems manufacturing company.
In 2016, Infosys had announced investing in ideaForge, an Indian start-up... |
| 16.12.2016 | ideaForge Receives Investment from Infosys | ideaForge, an Indian startup focused on Unmanned Aerial Vehicle (UAV) solutions, received an investment from Infosys (NYSE: INFY).
Infosys, a global provider of consulting, technology, outsourcing and next-generation services, made the comm... |
| 16.12.2016 | Term Sheet — Friday, December 16 | BRB
No column today, as I’m wrapping up some magazine duties. Today’s links section is extra-long to tide you over. Have a great weekend.
• Verizon asking for “major concessions” after Yahoo hack.
Paid Content You can't secure what you can'... |
| 29.12.2015 | India: UAVs maker IdeaForge plans to raise $10m in series A round | Premium
IdeaForge Technology Pvt Ltd, which makes Netra unmanned aerial vehicles (UAV), plans to raise $10 million in a series A round of funding, according to a report in The Hindu.
Continue reading this story with a subscription to DealSt... |
| - | ideaForge | “ideaForge is a vertically integrated company that designs and manufactures world-class drones for mapping, security, and surveillance applications. Visit now!” |
| - | Funding Galore: Startup Fundings Of The Week [12 December – 17 December] | Online food ordering marketplace Foodpanda is being acquired by Berlin-based online food takeaway service Delivery Hero, one of Europe’s biggest startups. Delivery Hero and Foodpanda are both backed by German ecommerce firm Rocket Internet,... |
| - | Ola With Boats & Oyo With Its Rooms, Come To The Rescue Of The Citizens Of Flood-Ravaged Chennai | As Chennai gets battered by heavy rainfall and the government scrambles to expedite relief to stranded people in waterlogged areas, some startups have joined in to provide succour to hapless citizens.
In order to help citizens stranded in w... |
| - | Amazon Files Patent To Introduce Drones In India For Delivery | In order to use drones to handle its delivery operations, ecommerce giant Amazon Inc has filed a patent application in India for exclusive rights on multi-scale fiducials. Fiducials are black and white marks on any object for the self-opera... |
| - | How Indian Startups Are Stepping Forward To Aid The Nepal Earthquake Relief Efforts | Image Via ShutterStock
Nepal has suffered its worst natural disaster in 80 years, when earthquake measuring 7.8 on the Richter scale struck this country on April 25, 2015. Across the affected region, which stretches into India and Tibet, th... |
| - | [Funding alert] Drone manufacturer ideaForge raises $20M led by Florintree | Drone manufacturer ideaForge on Thursday said it has closed its Series B funding round of $20 million led by Florintree, which is helmed by former Blackstone India private equity co-head, Mathew Cyriac.
The round also saw participation fr... |
