The ePlane Company funding, investors and company details

The ePlane Company is an emerging Aerospace startup from Chennai, working in the space of Develops compact electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Founded by Satya Chakravarthy, Pranjal Mehta.

Company: Ubifly Technologies Private Limited
Sector: Aerospace
Location: Chennai
Founders: Satya Chakravarthy, Pranjal Mehta
Total funding raised: ₹118.38 Cr

Company overview

The ePlane Company develops compact electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility, focusing on all-electric zero-emission air taxis like the e200 model. These vehicles enable mid-mile intra-city commutes and cargo transport up to 10 times faster than ground options, operating from rooftops without dedicated infrastructure to alleviate traffic congestion. The platform supports passenger services and cargo variants, advancing toward type certification with synergistic lift technology and partnerships for vertiports and pilot training.

Funding rounds

Latest round (Series B): $ 14.00 Mn (₹118.38 Cr.), 2024-11-14. Investors: Antares Ventures, Speciale Invest, Redstart Labs (Naukri), Java Capital, Samarthya Investment Advisors, Homage Ventures, Micelio Mobility, Naval Ravikant, Anicut Capital