The verified answer
As of Aug 2026, DEPLOY verifies The ePlane Company: 1 model. 2 sources back the record.
CategoryDrones
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.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
Valuation of record
Company-claimedPriced roundSeries B post-money
Key facts
Total Fundingsee investors →
Latest Round
Aircraft
Orders
HQ
CEO
Co-founder
Parent entity
Incubator
Form factor
Propulsion
Regulatory milestone
Certification pipeline
Total fundingsee investors →
Aircraft orders
Board members
Subsidiary
Technology partners
Facility
Website
Hero image candidate
Data & sources
Web sources
2
2 sources backing this record.View all →
Models (1)
View all models →The ePlane Company on the deployment map
View the global mapThe ePlane Company has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.
No verified deployments for The ePlane Company on the DEPLOY record yet. Track The ePlane Company to know the moment the first one is verified.
Relationships
Current leadership (4)
- Prof. Satya Chakravarthy Founder and CTOsecondary-verified
- Pranjal Mehta Co-foundersecondary-verified
- Aditya Ghosh Board Membersecondary-verified
- Eash Sundaram Board Membersecondary-verified
Safety record
No incidents on record for The ePlane Company.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
The ePlane Company in third-party press
Financial state
- Reporting basis
- private_reported
- Lifecycle stage
- growth
- Counterparty risk class
- moderate
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships (3)
- The ePlane Company x HENSOLDT Avionics with HENSOLDT Avionicstechnologyreported, not operationally verified
- The ePlane Company x Apollo Hospitals with Apollo Hospitalsdeploymentannouncedreported, not operationally verified
- The ePlane Company x ICATT with ICATTdeploymentannouncedreported, not operationally verified
Funding rounds (3)
The ePlane Company’s 3 disclosed rounds, $69M in total, oldest to newest.
- Series C2026-06-15
$50M(reported)
- Series B2024-11-14
$14M(reported) · $46M post
Investors: Speciale Invest (co_lead), Antares Ventures (co_lead), Naval Ravikant, Anicut Capital, Java Capital, Micelio, Redstart Labs, Samarthya Investment Advisors
- Seed2022-01-15
$5M(reported) · $21M post
Investors: Speciale Invest (lead), Naval Ravikant, 3one4 Capital, Anicut Capital, Micelio, Java Capital, First Cheque
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdAug 5, 2026
Added to the verified registry
Sources (2)
Common questions
What is The ePlane Company?
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When was The ePlane Company founded?
Is The ePlane Company safe?
Methodology: Verified · 2 sources (no primary) · last reviewed 2026-08-05
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-05
Sources by quality tier
- 2
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for The ePlane Company.In the press
Recent coverage mentioning The ePlane Company from third-party publications. Automatically surfaced; not part of the verified registry record.
The ePlane Company builds global aerospace partnerships to advance electric aircraft manufacturing at Farnborough 2026
ePlane formalized strategic supply chain partnerships with SASMOS HET (EWIS), Ankit Fasteners, HENSOLDT Avionics, Azista Composites, and AMS Heli Design at FIA 2026.
The ePlane Company showcases e200X eVTOL, signs medical services deal
At Farnborough 2026, ePlane announced a deal with Apollo Hospitals for e200X air ambulance deployment and confirmed 788-aircraft MoU with ICATT.
The ePlane Company Unveils Full-scale e200X eVTOL Prototype
Chennai-based ePlane unveiled its first full-scale PT-01 prototype, moving from subscale demonstrators toward flight testing with a target of mid-2027.
The ePlane Company Completes Full-Scale Assembly of e200X eVTOL Aircraft, Advancing Toward Certification and Commercial Operations
ePlane completed assembly of its full-scale e200X eVTOL prototype PT-01, transitioning from design to ground and flight testing on approximately USD 21M raised.
‘Flying taxi’ developer The ePlane Company secures $14 million funding
The ePlane Company closed a $14M Series B round co-led by Speciale Invest and Antares Ventures, becoming the largest-funded eVTOL player in India.
Machine-readable surfaces
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- Revision history: /companies/eplane-company/history
- Data documentation: /data
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