Location

Bangalore, Karnataka

Year Founded

2018

Sector

Logistics

Seafund Entry

May 2024

SUBSector

Autonomous Logistics

cOINVESTORS

Beyond Ventures, ITI, Techstars

Company Overview

The company designs, manufactures and operates autonomous drone logistics systems to build scalable aerial delivery networks for healthcare products and agriculture with a wider range, higher precision and faster delivery than existing solutions. Redwing is working with both governments and private clients. The team has built proprietary algorithms to enable delivery in harsh climates with industry leading precision and automation.

PROBLEM STATEMENT

Drones proposed to offer solutions around access and speed across various industries like logistics, agriculture and defence. However, their usage in India is limited due to limitations in remote control, operations in harsh climate conditions, dynamic topography of India, and over dependence on foreign subsystems.

investment rationalE

Indian drone industry is rapidly growing. In 2022 it was valued at $3Bn and is expected to reach $13Bn by 2030. The industry further got support from conducive government policies such as restrictions on foreign players entering India, a ~90% drone approved airspace, promotion of UTM systems and proposed BVLOS policy. Redwing had developed their first fleet of drones and secured a contract with government and private players with early revenues in bank. This was far ahead of its competition. Product research showcased technical prowess in the flight control software and hardware designs to enable market leading defensive offering. The team also was entrenched in the ecosystem through projects and research for almost a decade.

FOUNDER BACKGROUND

Anshul Sharma

CEO

Aersopace Engineer working on various components of drone designing and aerodynamics. Research exposure in material science.

Arunabha Bhattacharya

CTO

Electronics Engineer. Former officer on special duty at the National Technical Research Office.

Rishabh Gupta

COO

Mechatronics, Robotics and Automation Engineer. Proven track record in developing impactful products, leading cross-functional teams, and driving growth across firms like WIPRO, Mehta and Padamsey.