Bajaj VC Startups Pitch Day
Extending an invite to the Pitch Day on 15th Feb, 6pm where we will have 3 impressive startups pitching - Garuda Aerospace, QpiAI and Ecoratings
Register here to attend - https://www.invstt.com/public/event/bajaj-vc-pitch-15-february-25-at-600pm
Brief synopsis of three startups:
1. Garuda Aerospace - India’s leading drone manufacturer with 30 models and 25% market share. Asset-light, recession-proof model with major partnerships (Lockheed Martin, Intel, Amazon). Filed 23 patents (19 granted). Launched Garda Droni post-China drone ban. Trained 2000+ DGCA-certified pilots.
Key Numbers:
👉 ₹300 Cr contracts for FY 24-25, $43M orders for 8000 drones
👉 24% EBIDTA, 17% PAT margin
👉 Won $5M IFFCO order
2. QpiAI - Quantum computing firm offering Quantum-as-a-Service (QCaaS) and developing full-stack superconducting transmon qubit systems. Focused on near-term & fault-tolerant quantum computing. Recognized with APK India, NASSCOM Emerge 50 awards.
Key Numbers:
👉 30 Cr revenue in 5 years
👉 25-qubit launch in Q4 2024, scaling to 300 qubits
👉 Raised $6.5M (pre-Series A), targeting $20M (Series A)
3. EcoRatings - Gen AI platform enhancing sustainability through ESG insights. Clients include Radio Mirchi, Yamaha, and LT Foods. Developing a 20T-token AI model for sustainability.
Key Numbers:
👉 15+ corporate clients, 16 partnerships in pipeline
👉 ₹65L revenue till Dec 2024
👉 ₹4.23 Cr fundraised to date
Sanjeev I will have to setup an investor account will do when I get some time. Paul