Dreamfly Innovations funding, investors and company details

Dreamfly Innovations is an emerging Drone startup from Bengaluru, working in the space of Manufacturing for drones, aviation and aerospace. Founded by Kajal Shah, Saurabh Markandeya.

Company: Dreamfly Innovations Private Limited
Sector: Drone
Location: Bengaluru
Founders: Kajal Shah, Saurabh Markandeya

Company overview

Using lithium-ion and graphene-based chemistry, Dreamfly Innovations creates and produces cutting-edge high-power-density batteries specifically for use in drones, electric aircraft, and aerospace applications. For agricultural, surveillance, mapping, and logistics drones, they offer custom battery packs, battery-management systems (BMS), and thermal/heat-safe battery/pack solutions that are lightweight, safe (non-explosive/thermal-stable), and able to support extended flight durations. These solutions address common drone battery limitations like overheating, poor energy density, and short flight times.

Funding rounds

Latest round (Debt): ₹3.00 Cr. ($ 0.33 Mn), 2026-02-03. Investors: Small Industries Development Bank of India (SIDBI)
Past round (Seed): $ 1.40 Mn (₹12.25 Cr.), 2025-02-28. Investors: Avaana Capital