JIIF Leads Funding in Geospatial Startup Heliware for ₹4 Cr

JITO Incubation and Innovation Foundation (JIIF), one of the leading angel networks and incubation centres in India, has led the pre- series A funding round for 4 Cr ($0.5mn) in Heliware, an AI-powered 3D geospatial platform. Other marquee investors include TiE and Vatvistaar Ventures.

The newly raised funds will support the upcoming launch of Heliware's upcoming products, Bhumi Maps and Bhumi Builder, which empower users to engage in geospatial analysis and software development. Founded by Rajan Srivastav in 2018, the company is a leading geospatial startup in India that provides analytics, modeling, simulation, and visualization of spatial data, as well as customized software and services to the defense, solar, construction, urban planning, and several other industries.

Through the company’s no-code platform, they have made successful implications in industries like infrastructure, smart cities, and renewable energy, making advanced geospatial technology accessible and efficient for all.

Jeenendra Bhandari, Chairman of JITO Incubation and Innovation Foundation (JIIF), said, “As Heliware continues to enhance its offerings, we believe that the company has the potential and capacity to elevate the entire geospatial ecosystem, empowering organizations to make more informed decisions and transform their operations. Through its innovative technology, Heliware can uplift the overall geospatial landscape both in India and worldwide."

Rajan Srivastav, CEO of Heliware, said, "At Heliware, we're transforming the digital landscape of space, drone, and spatial data into a seamless process. Our software empowers the companies to create geospatial solutions faster, smarter, and more securely, driving innovation across industries for effortless and efficient data-driven decision-making. The fresh funds will be used for our forthcoming launches, Bhumi Maps and Bhumi Builder, which will enable anyone to begin their journey in geospatial analysis and software development."

With a robust client base of over 100 companies across five countries, Heliware is dedicated to making advanced space technology accessible to everyone through its innovative software solutions and developer APIs. The company has developed two patented modules, gained a significant number of downloads, and partnered with numerous organizations.