The ePlane Company

[PRIVATE]

Drones · HQ: Chennai, India · Est. 2019 · 1 model registered

Recent press

As of Sep 2026, DEPLOY verifies The ePlane Company: 1 model, $69.0M raised. 2 sources back the record.

Ownership

PRIVATE

Capital / Funding

$69M

Headquarters

Chennai, India

IP / Patents

Undisclosed

Platform Models

1

Audited Incidents

0

Overview

Chennai-based eVTOL startup incubated at IIT Madras developing the e200X, a compact electric vertical takeoff and landing aircraft for passenger transport, cargo, and emergency medical services. The company operates as Ubifly Technologies Private Limited and became the first private Indian entity to receive Design Organisation Approval from the DGCA for an electric aircraft. Its e200X prototype (PT-01) completed full-scale assembly in June 2026, with flight testing targeted for 2027.

Audited Posture AssessmentPeer Percentile: 96.0%

Active fundraising activity with a recent closing. Limited public visibility and press coverage relative to peers.

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Key Facts

Total Funding~$21M
Latest Round$14M Series B
Aircrafte200X eVTOL (full-scale prototype PT-01)
Orders800+ commitments
HQChennai, India
CEOProf. Satya Chakravarthy (Founder and CTO)
Co-founderPranjal Mehta
Parent entityUbifly Technologies Private Limited
IncubatorIIT Madras Discovery Campus
Form factore200X: 2.2-ton, 2-passenger + pilot eVTOL, 110 km range, 8m wingspan, carbon-fiber composite
Propulsion800V distributed electric propulsion, patented Synergistic Lift wing architecture
Regulatory milestoneFirst private Indian company to receive DGCA Design Organisation Approval (DOA) for electric aircraft (2023)
Certification pipelineFirst eVTOL accepted into DGCA type-certification pipeline
Total fundingUSD 21.5M raised to date (company-reported); targeting USD 70M Series C (USD 20M secured + USD 30M government support)
Aircraft orders800+ aircraft commitments including 788 from ICATT for air ambulance fleet
Board membersAditya Ghosh (former IndiGo CEO, Akasa Air co-founder), Eash Sundaram (former JetBlue CDTO)
SubsidiaryAmber Wings — drone technology for logistics, surveillance, mapping (Atva drone, e50 heavy-lift)
Technology partnersNvidia (IGX Thor sensor fusion, Omniverse digital twin), Hensoldt (avionics), Tata Consultancy Services (battery management)
Facility60,000 sq ft prototyping and testing facility at IIT Madras Discovery Campus, Thaiyur
Websiteeplane.ai
Hero image candidatehttps://www.ainonline.com/cdn-cgi/image/width=3840,format=webp,quality=95/https://backend.ainonline.com/sites/default/files/styles/fpsc_1200x630/public/2026-07/Screenshot%202026-07-21%20at%2012.37.35%E2%80%AFPM.png (source: AIN Online press coverage)

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for The ePlane Company.

Leadership & Founders

6 entries

Current Program Leadership & Executives

Prof. Satya Chakravarthysecondary-verified

Founder and CTO

Pranjal Mehtasecondary-verified

Co-founder

Aditya Ghoshsecondary-verified

Board Member

Eash Sundaramsecondary-verified

Board Member

Founding Team

Pranjal Mehta[Founder]

cofounder · no longer at company

Prof. Satya Chakravarthy[Founder]

cofounder · no longer at company

Partnerships & Commercial Deployments

3 entries
Total Tracked3
Operating0
Announced3
Concluded0

Recent Verified Partnerships

  • The ePlane Company x Apollo HospitalsJul 22, 2026

    MOST RECENT · The ePlane Company x Apollo Hospitals · 2026-07-22 · with Apollo Hospitals · JUST ANNOUNCED · The ePlane Company x HENSOLDT Avionics · 2026-02-01 · with HENSOLDT Avionics · JUST ANNOUNCED · The ePlane Company x ICATT · 2025-02-01 · with ICATT · JUST ANNOUNCED

Platform Models

1 entry

Sectors & Applications

1 entry

FAQ

13 entries
What is The ePlane Company?

Chennai-based eVTOL startup incubated at IIT Madras developing the e200X, a compact electric vertical takeoff and landing aircraft for passenger transport, cargo, and emergency medical services. The company operates as Ubifly Technologies Private Limited and became the first private Indian entity to receive Design Organisation Approval from the DGCA for an electric aircraft. Its e200X prototype (PT-01) completed full-scale assembly in June 2026, with flight testing targeted for 2027.

What does The ePlane Company make?

The ePlane Company has 1 robot model on the DEPLOY registry: e200X (The ePlane Company builds physical robots).

Is The ePlane Company publicly traded?

The ePlane Company is not an independent public company; it has been acquired, per the DEPLOY registry.

Who competes with The ePlane Company?

On the DEPLOY registry, peer companies to The ePlane Company building in the same form factors include Amazon, Anduril Industries, DJI, Autel Robotics.

Who is the CEO of The ePlane Company?

Prof. Satya Chakravarthy is the founder of The ePlane Company, per the DEPLOY registry.

How can I invest in The ePlane Company?

The ePlane Company has no separately traded stock; it has been acquired.

Where is The ePlane Company headquartered?

The ePlane Company is headquartered in Chennai, India.

How much funding has The ePlane Company raised?

The ePlane Company has raised approximately $69M in disclosed funding on record in the DEPLOY registry.

Who owns The ePlane Company?

The ePlane Company has been acquired and is no longer independently owned.

Where does The ePlane Company operate robots?

The ePlane Company is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.

Is The ePlane Company a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, The ePlane Company ranks in roughly the top 4% of companies tracked by the registry.

When was The ePlane Company founded?

The ePlane Company was founded in 2019.

Is The ePlane Company safe?

The ePlane Company has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.