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Draft:IdeaForge Technology

From Wikipedia, the free encyclopedia

ideaForge Technology Limited is an Indian aerospace company based in Navi Mumbai, Maharashtra.[1][2] Founded in 2007 by graduates of the Indian Institute of Technology Bombay, it designs and manufactures unmanned aerial vehicles, including multi-rotor and hybrid vertical take-off and landing systems.[3] Its shares have traded on the National Stock Exchange and Bombay Stock Exchange since July 2023.[4][5]

History

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The company was incorporated on 8 February 2007 by Ankit Mehta, Rahul Singh, and Ashish Bhat, who had developed early quadrotor prototypes while studying at IIT Bombay.

References

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  1. D'Monte, Leslie (2023-10-03). "Meet the high-flyer in India's drones club | Company Business News". mint. Retrieved 2026-08-11.
  2. ideaForge Technology Limited IPO Note (PDF) (Report). SBICAP Securities Limited. 26 June 2023. Retrieved 2026-08-11.
  3. Karulkar, Yashodhan; Morde, Chirayu; Bhatia, Aarya; Patel, Shrey (2025-11-06). "ideaForge: Pioneering India's drone revolution – From defence dominance to civilian market opportunities". Journal of Information Technology Teaching Cases 20438869251395218. doi:10.1177/20438869251395218. ISSN 2043-8869.
  4. Jain, Anushka (2023-06-28). "Ideaforge soars, but most Indian drone startups await a clear signal to fly". The Ken. Retrieved 2026-08-11.
  5. Nagasundaram, Dhanya (2023-06-27). "Ideaforge IPO: Experts raise worries over orderbook. Company clarifies | Stock Market News". mint. Retrieved 2026-08-11.