Ahmedabad-based dronetech startup Enercomp raises Rs 2 crore from angel investors

Enercomp Solutions, an Ahmedabad-based drone technology startup, has raised Rs 2 crore in a bridge funding round led by a group of angel investors. The transaction was advised by Bestvantage Investments, a boutique investment advisory firm focused on high-growth startups across India and the Middle East.

The startup, which operates at the convergence of hardware, software, and services, plans to use the new capital to expand its manufacturing capabilities, scale R&D for its AI-powered drone software, and enhance delivery systems to support national-scale deployments.

Founded with the vision of building foundational infrastructure for India’s burgeoning drone economy—estimated at $13 billion—Enercomp has carved out a niche with its vertically integrated offerings. These include indigenous drone manufacturing, a Drone-as-a-Service (DaaS) model, and a proprietary GIS analytics dashboard designed for mission-critical operations.

Its product portfolio features seven proprietary drone models, including VTOL, fixed-wing, and surveillance variants. These platforms are actively deployed by both enterprise and government clients. Among its major customers are Tata Projects, Reliance, Mahindra Susten, L&T, and several public sector agencies. According to the company, product sales account for 70% of its revenue, with its GIS software platform increasingly being adopted for real-time data analysis.

Enercomp has demonstrated consistent revenue growth and profitability, scaling from Rs 3.1 crore in FY23 to Rs 5.6 crore in FY24. With Rs 4.2 crore already booked in the first months of FY25 and an active order book exceeding Rs 9 crore, the company is on track for its most expansive year yet.

To date, Enercomp has raised Rs 6.9 crore in funding, and its valuation has surged nearly fivefold, from Rs 12.5 crore to Rs 60 crore.

“We’re building not just drones, but the infrastructure required to enable large-scale, real-world deployments in sectors that are crucial for India’s growth,” said Jatin Patel, co-founder and director at Enercomp. “This bridge round will help us accelerate our readiness for national-scale opportunities.”