DEPLOYDatabase

Company

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,…

Founded
2019
Status
Private

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.

Reality check

Aircraft (company-claimed)

e200X eVTOL: 2.2 t, two passengers plus pilot, 110 km range, 8 m wingspan; prototype PT-01.

Propulsion (company-claimed)

800V distributed electric propulsion with a patented Synergistic Lift wing.

Orders (company-claimed)

800+ aircraft commitments, including 788 from ICATT for air ambulance use.

Regulatory (company-claimed)

First private Indian firm with DGCA Design Organisation Approval for electric aircraft (2023).

Partners (company-claimed)

Nvidia, Hensoldt and Tata Consultancy Services.

Facility (company-claimed)

60,000 sq ft prototyping and test facility at IIT Madras Discovery Campus, Thaiyur.

Verified record

Verified deployments
None on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$46M (reported, approximate)as of Nov 2024

Priced roundSeries B post-money

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Key facts

Funding (sources differ)

About $21M to $21.5M raised; latest round a $14M Series B; targeting a $70M Series C.

Leadership (reported, unconfirmed)

Founder and CTO Prof. Satya Chakravarthy; co-founder Pranjal Mehta.

Corporate (reported, unconfirmed)

Operating entity Ubifly Technologies; incubated at IIT Madras; drone subsidiary Amber Wings.

Board (reported, unconfirmed)

Aditya Ghosh, ex-IndiGo CEO, and Eash Sundaram, ex-JetBlue CDTO.

Data & sources

Web sources

2

2 sources backing this record.View all →

Partnerships

Every company The ePlane Company has built with, alongside the ones only announced in a press release.

3 total3 just announced

Most-frequent partners

  1. 1Apollo Hospitals1× joint
  2. 2HENSOLDT Avionics1× joint
  3. 3ICATT1× joint

Most recent

  1. with Apollo Hospitalsjust announced
  2. with HENSOLDT Avionicsjust announced
  3. with ICATTjust announced

The ePlane Company on the deployment map

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Relationships

Current leadership (4)

Founders (2)

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Safety record

No incidents on record for The ePlane Company.

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Full safety record: incidents, sourcing, and exposure data →

Recent coverage

The ePlane Company in third-party press

Peer companies

Mentioned on (5)

Registry pages whose text names The ePlane Company.