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Enercomp Secures Rs 2.5 Crore Investment in Pre-Series A Round Led by Bestvantage, Fueling Drone Technology Innovation

Enercomp Secures Rs 2.5 Crore Investment

We are thrilled to announce that Enercomp, the leading drone technology company based in Ahmedabad, has successfully closed its pre-Series A funding round, securing a significant investment of Rs 2.5 crore exclusively advised by Bestvantage Investments. This round saw participation from the Chennai-based family office, strategic investors with expertise in IT, and investors based in Europe to help Enercomp with international expansion. The fresh capital infusion will fuel Enercomp's mission to develop and enhance its innovative drone technology further. Additionally, it will support the expansion of its manufacturing footprint, ensuring that it can meet the growing demand for our cutting-edge solutions.


Enercomp's advanced drone technology revolutionises various industries, including energy, agriculture, and infrastructure. By harnessing the power of artificial intelligence and machine learning, its drones efficiently collect and analyze vast amounts of data. This capability empowers its clients with valuable insights, enabling operational optimization and informed decision-making.


Notably, Enercomp has grown remarkably, witnessing a threefold increase in recent years. Enercomp is proud to count esteemed clients such as Tata Projects, RIL, Shapoorji Pallonji, Indospace, Iron Triangle, MIDC, Gujarat Forest, Sangli Corporation, and many others. Our consistent growth trajectory, averaging 200% yearly for the past five years, underscores our commitment to excellence.


“In the current fiscal year (23-24), we have already touched Rs 5.5 crore. Moreover, our current order book stands strong at over Rs 5 crore. Furthermore, we are pleased to share that Enercomp has achieved EBITDA-level profitability, a testament to our sound business model and operational efficiency.” mentioned Jatin Patel, Co-founder and CEO of Enercomp.


Enercomp is also making significant progress in regulatory compliance, with one of our drones completing a rigorous two-stage audit process for DGCA approval and another in the queue. The team has expanded to over 60 talented individuals, reflecting our dedication to assembling the best minds in the industry. As part of our growth strategy, we inaugurated an office in Pune. In line with our commitment to scalability and efficiency, we have relocated our drone manufacturing and other offices to GIDC (Industrial Area) in Ahmedabad, occupying a spacious 12,000-square-foot facility for mass production.


This successful funding round and our continued growth trajectory position Enercomp as a formidable player in the drone technology landscape. For more investment opportunities in prominent startups, please visit www.bestvantageinvestments.com or contact us directly at raman@bestvantageinvestments.com.

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