Noida-based edtech startup Aviotron Aerospace has announced a significant boost in its growth trajectory with a Pre-Series A funding round, bringing in Rs 4.96 crore (approximately $600K) from Enrission India Capital. With backing from industry giant #SoftBank, this venture capital firm has recognised the potential in Aviotron Aerospace’s innovative approach to learning.
Founded in 2019 by a team of visionaries – Vaishnav C, Ashish Kumawat, Neha Chauhan, and Nitin Choyal – Aviotron Aerospace aims to transform the educational landscape with a focus on aerospace and mechanical technologies. The company has set its sights on revolutionising how students gain these skills, emphasising experiential learning and 21st-century competencies such as creativity, innovation, and problem-solving.
With a post-money valuation now standing at Rs 70 crore, Aviotron Aerospace is scaling new heights. The company has developed a robust partnership network with schools across India, offering #STEAM-based learning solutions in Aerospace, Space-Ed, and Design Thinking through its flagship product, AeroBay. Having made substantial inroads in cities like Noida, Jaipur, and Nagpur, Aviotron is now set to expand its reach to all 28 states in India by year-end.
Aviotron has impacted approximately 20,000 students through partnerships with 65 schools across 15 states. Its business model, charging Rs 8,500 per student annually, has proved lucrative, generating an average income of Rs 25 lakh to Rs 30 lakh from each school. With a revenue of Rs 5 crore in 2023 and a profit of Rs 50 lakh, Aviotron Aerospace is targeting an ambitious revenue milestone of Rs 45 crore for 2024.
