The ePlane Company

The ePlane Company is an artificial intelligence company in Chennai, India, founded in 2019. It has raised $6.0M across 2 rounds, most recently a $5.0M Venture Round in February 2022.

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Headquarters
Chennai
Employees
11–50
Founded
2019
Business Model
B2B
Website
eplane.ai
Total Funding
$6.0M
Last Round
$5.0M Venture RoundFeb 2022
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 1 investor for this company. The full record is or through the API.

About

The ePlane Company is a Chennai-based urban air mobility startup developing compact, all-electric eVTOL aircraft designed to turn city commutes into short point-to-point flights of roughly ten minutes, targeting air-taxi and air-ambulance operators. Its aircraft use a patented Synergistic Lift design intended to improve efficiency and safety over conventional eVTOL configurations, and the company became the first private Indian firm to receive Design Organisation Approval (DoA) from India's DGCA for an electric aircraft. Founded in 2019 out of IIT Madras Research Park, ePlane has raised funding from investors including Speciale Invest and Antares Ventures.

Summary

It lists 11–50 employees. It has raised $6.0M in total across 2 rounds, most recently a $5.0M Venture Round in Feb 2022. Investors include Speciale Invest.

Tech & App Stack

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Funding History

Data from Indexed.vcUpdated
Venture RoundFunding RoundFeb 2022
$5.0M

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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