{"id":"8208e30f-814d-4bee-8719-cd561e79ba47","name":"The ePlane Company","slug":"eplane-company","description":"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.","status":null,"founded":2019,"hq":"Chennai, India","hqLat":null,"hqLng":null,"hqGeocodedAt":null,"hqAddress":null,"hqPrecision":null,"website":null,"fundingTotal":null,"type":"hardware","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.ainonline.com/aviation-news/futureflight/2026-07-21/eplane-unveils-full-scale-e200x-evtol-prototype","title":"The ePlane Company Unveils Full-scale e200X eVTOL Prototype","sourceName":"AIN Online"},{"url":"https://www.eplane.ai/about/","title":"About The ePlane Company — India's First Electric Taxi","sourceName":"The ePlane Company"}],"keyFacts":[{"label":"Total Funding","value":"~$21M"},{"label":"Latest Round","value":"$14M Series B"},{"label":"Aircraft","value":"e200X eVTOL (full-scale prototype PT-01)"},{"label":"Orders","value":"800+ commitments"},{"label":"HQ","value":"Chennai, India"},{"label":"CEO","value":"Prof. Satya Chakravarthy (Founder and CTO)"},{"label":"Co-founder","value":"Pranjal Mehta"},{"label":"Parent entity","value":"Ubifly Technologies Private Limited"},{"label":"Incubator","value":"IIT Madras Discovery Campus"},{"label":"Form factor","value":"e200X: 2.2-ton, 2-passenger + pilot eVTOL, 110 km range, 8m wingspan, carbon-fiber composite"},{"label":"Propulsion","value":"800V distributed electric propulsion, patented Synergistic Lift wing architecture"},{"label":"Regulatory milestone","value":"First private Indian company to receive DGCA Design Organisation Approval (DOA) for electric aircraft (2023)"},{"label":"Certification pipeline","value":"First eVTOL accepted into DGCA type-certification pipeline"},{"label":"Total funding","value":"USD 21.5M raised to date (company-reported); targeting USD 70M Series C (USD 20M secured + USD 30M government support)"},{"label":"Aircraft orders","value":"800+ aircraft commitments including 788 from ICATT for air ambulance fleet"},{"label":"Board members","value":"Aditya Ghosh (former IndiGo CEO, Akasa Air co-founder), Eash Sundaram (former JetBlue CDTO)"},{"label":"Subsidiary","value":"Amber Wings — drone technology for logistics, surveillance, mapping (Atva drone, e50 heavy-lift)"},{"label":"Technology partners","value":"Nvidia (IGX Thor sensor fusion, Omniverse digital twin), Hensoldt (avionics), Tata Consultancy Services (battery management)"},{"label":"Facility","value":"60,000 sq ft prototyping and testing facility at IIT Madras Discovery Campus, Thaiyur"},{"label":"Website","value":"eplane.ai"},{"label":"Hero image candidate","value":"https://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)"}],"aliases":[],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-08-05T15:06:30.347Z","updatedAt":"2026-08-05T17:06:21.944Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/eplane-company","url":"https://registry.deploy.report/companies/eplane-company","name":"The ePlane Company","description":"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. 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