The ePlane Company

📍 Chennai, India🗓 Founded 2019👥 199 employees💰 Last funded Nov 2024
The ePlane Company is redefining urban air mobility with the e200X, Indias first electric air ambulance and taxi. Engineered around a compact 8 by 10 meter footprint , it utilizes existing city helipads and rooftops instead of requiring entirely new infrastructure. As a deep-tech "Make in India" breakthrough, its core subsystems—including the propellers, airframe, landing gear, and battery packs are developed entirely indigenously. Current Stage & Capital Backed by $21 million in total funding, including a $14 million Series B , and 7 years of subscale validation, ePlane has transitioned from simulation to hardware. Full-scale assembly of the first prototype, PT-01, is complete, integrating all core subsystems into a single physical structure. PT-01 is entering ground testing at IIT Madras to validate structural loads , moving directly into flight testing and DGCA Type Certification. Notably, ePlane holds Indias first Design Organisation Approval (DOA) for a private electric aircraft. Leadership & Credibility Incubated at IIT Madras and founded by Prof. Satya Chakravarthy , the company pairs top-tier aerospace expertise with capital-efficient engineering. Its deep-tech capability is validated globally, recently featured in NVIDIA CEO Jensen Huangs GTC Keynote and selected for the governments flagship Bharat Innovates 2026 showcase in France, inaugurated by Prime Minister Narendra Modi and President Emmanuel Macron. The Future The commercial rollout leads with the air ambulance to address the critical emergency "golden hour" , cutting urban transit times from hours to minutes. This same scalable airframe will later expand to serve passenger air taxi and urban cargo sectors , redefining city transit as a formal public unveil approaches in the coming weeks.
12
Total investors
5
Early stage
7
Mid stage
0
Late stage
2019
Founded

Investors

12 investors
All
Early stage
Mid stage
Late stage
Investor geography5 countries
India
7
United Arab Emirates
2
United States
1
Japan
1
Singapore
1
Investor activity2020–2024 · investors recorded per year
2020220214202222023120243
Recent (last 2y)Earlier
Frequently asked questions
Who invested in The ePlane Company?
The ePlane Company has 12 investors on record on gritt.io, including 5 early-stage backers, 7 mid-stage.
When did The ePlane Company last raise funding?
The most recent investment in The ePlane Company recorded on gritt.io was in November 2024.
When was The ePlane Company founded?
The ePlane Company was founded in 2019.
What industry is The ePlane Company in?
The ePlane Company operates in Aviation and Aerospace Component Manufacturing. Find similar Aviation and Aerospace Component Manufacturing investors on gritt.io.
Where is The ePlane Company based?
The ePlane Company is headquartered in Chennai, India.