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India.com
03-07-2025
- Business
- India.com
In Operation Sindoor, these drones defeated Pakistan! now company gets Rs 8350000000…, it is…
Indian defence and aerospace startup Raphe mPhibr, which played a crucial role in Operation Sindoor, has raised $100 million (around Rs 835 crore) in its latest funding round. The round was led by General Catalyst and was the largest-ever private funding in India's aerospace manufacturing sector. Other participants were Think Investments, Amal Parikh, and several prominent family offices. After this, the startup's total funding has reached $145 million, meaning Raphe mPhibr has secured over Rs 1200 crore in total investment to date. What Does Raphe mPhibr Do? It was founded 10 years ago and based in Noida, Raphe mPhibr was established by Vivek Mishra, who is also its CEO. The company develops drones and other unmanned aerial vehicles (UAVs). Many of which are already in use by the Indian Armed Forces, while others are in their final testing phase. Major Products Are: mR10 Drone Swarm a system of multiple small drones flying in unison mR20 High Altitude Logistics Drone designed for transporting payloads at high altitudes Bharat- A portable surveillance drone X8 – A compact maritime patrolling system Fully In-House Manufacturing One of Raphe mPhibr's strengths is that it has a vertically integrated aerospace campus, where the company handles everything from design to manufacturing. It has an in-house team of experts in aerodynamics, materials science, and thermodynamics. Neeraj Arora, Managing Director at General Catalyst, said: 'Raphe mPhibr is transforming the defence sector through technology and engineering. Their products are making a real impact on the ground.' Defence Innovation In India This funding is received at a time when the global use of drones in warfare and defence operations is rapidly rising. Recently, both Indian and Pakistani forces have deployed drones along the border. The Indian government is also encouraging private defence startups through initiatives like iDEX (Innovations for Defence Excellence). Apart from this satellite launch technology has recently been handed over to HAL.
Time of India
26-06-2025
- Business
- Time of India
Drone maker Raphe mPhibr raises $100 million in round led by Silicon Valley's General Catalyst
Academy Empower your mind, elevate your skills Noida-based drone manufacturing startup Raphe mPhibr has raised $100 million in an equity funding round led by Silicon Valley investor General Catalyst , the company said in a press release. The round, which values the nine-year old startup at nearly $900 million, also saw participation from existing investors including stock market investor Amal Parikh, Think Investments and other family what is among the largest financing rounds for an Indian military drone maker, the $100 million raise takes the company's total funding to $145 million. According to Venture Intelligence, Indian drone makers have raised a total of $151 million in the last five years.'The products emerging from Raphe mPhibr are already making a tangible impact on the ground, signalling what we believe will be a monumental shift. Their work is not only accelerating India's path to strategic self-reliance but also embodies the essence of our 'Global Resilience' thesis at General Catalyst – building for a future that is secure, sovereign, and sustainable,' said Neeraj Arora, managing director at General Catalyst. The investor has backed several other defence tech startups, including US-based companies such as Anduril Industries and Vannevar Labs, and Europe-based AI defence tech company funding comes at a time when the demand for locally made military unmanned aerial vehicles (UAV) has increased — as witnessed recently during the skirmish between India and Pakistan that saw both countries deploy drone per a Reuters report in May, which cited Drone Federation of India's president Smit Shah, India plans to invest heavily in local industry and could spend as much as $470 million on UAVs over the next 12 to 24 months, roughly three times pre-conflict in 2016 by Vivek Mishra and Vikash Mishra, the startup designs and manufactures a range of unmanned aerial vehicles (UAVs), which includes a drone swarm platform, a high-altitude logistics drone, a surveillance drone and a compact maritime patrol system. The company said that several of these systems are already being used by Indian defence to Tracxn data, Raphe mPhibr, which competes with the likes of listed player IdeaForge, Garuda Aerospace and Tata Advanced Systems, reported revenue of Rs 86 crore in fiscal 2024 – more than double of Rs 42 crore in FY23. The company also posted a profit of Rs 9 crore in mPhibr was among the 12 drone manufacturers shortlisted by the central government in 2022 for the production-linked incentive scheme for drones and drone components.
Business Upturn
26-06-2025
- Business
- Business Upturn
Raphe mPhibr Secures $100M to Expand Aircraft Design and Manufacturing in India
NEW DELHI, June 26, 2025 (GLOBE NEWSWIRE) — Raphe mPhibr (रेफी एम फाइबर), India's most innovative aircraft manufacturing company, announced today that it has raised $100 million in a round led by General Catalyst, with participation from existing investors, including Amal Parikh, Think Investments, and other prominent high-net-worth family offices. This is the largest round of private funding raised by an Indian company in this industry to date and takes Raphe mPhibr's total capital raised to $145 million. 'We are proud to join forces with Raphe mPhibr on their transformative journey to redefine engineering-led manufacturing across a spectrum of critical applications,' said Neeraj Arora, Managing Director at General Catalyst. 'What sets this team apart is their unwavering, mission-driven ethos, coupled with an expansive vision and formidable technological depth. The products emerging from Raphe mPhibr are already making a tangible impact on the ground, signalling what we believe will be a monumental shift. Their work is not only accelerating India's path to strategic self-reliance but also embodies the essence of our Global Resilience thesis at General Catalyst—building for a future that is secure, sovereign, and sustainable.' 'Raphe mPhibr is uniquely positioned to develop cutting-edge aircrafts and UAVs given their robust, end-to-end design, engineering, and manufacturing capabilities,' shared Shashin Shah, Managing Partner, Think Investments. 'We are excited to deepen our partnership with the Raphe mPhibr team, and this investment underscores our conviction that it will emerge as one of the foremost aerospace companies in India.' Built with Purpose Founded nearly a decade ago, Raphe mPhibr grew alongside India's national vision of Aatmanirbhar Bharat and Make in India. These policies laid the foundation for building essential technologies within the country, especially in defence, where the needs of security forces continue to evolve in a complex and fast-changing world. Raphe mPhibr was born to serve that mission: to design and build solutions in India for those who protect it. Inspired by Nature Raphe mPhibr's engineering has always drawn from a timeless source: nature. As Aryabhata wrote, nature operates through laws and patterns that reveal themselves through observation and analysis. That philosophy shapes how the company builds and organises itself. Raphe mPhibr is built around strong engineering and science departments, with dedicated teams in aerodynamics, materials science, structural mechanics, vibrations, thermodynamics, electromagnetics, and more. Not just to model the world, but to build systems that move with its logic, not against it. Turning observations into working solutions demanded more than insight; it required capability. To deliver technology that India's forces could rely on in mountains, deserts, oceans, and beyond, Raphe mPhibr had to create India's most advanced, end-to-end aerospace manufacturing campus. Building End-to-End 'India has single-handedly developed its technology […] without spying or stealing the knowledge from other countries.' — Dr. R. Chidambaram, in his Science Popularisation Lecture at the 2019 Goa Science Film Festival. That belief in building with integrity and technical depth continues at Raphe mPhibr. The company didn't set out to assemble parts, it set out to engineer solutions end-to-end. And to do so, Raphe mPhibr created a campus where design, simulation, manufacturing, and testing all work together, under one roof. As a result, the headquarters houses India's most advanced metal processing, composite manufacturing, engine design and testing, and military-grade electronics facility. Every manufacturing centre was designed with a single goal: to deliver systems our security forces can rely on. Many of these systems are already in the field: mR10: The world's first operational drone swarm. The world's first operational drone swarm. mR20: The world's first high-altitude logistics platform for resupply in remote forward areas. The world's first high-altitude logistics platform for resupply in remote forward areas. Bharat: A lightweight man-carried drone for rapid surveillance in complex terrain. A lightweight man-carried drone for rapid surveillance in complex terrain. X8: A compact platform for maritime patrol and situational awareness at sea. They help teams move faster, see further, and stay safer. Other products are in the making too, currently in the final stages of validation. And their echoes are now being heard far beyond India, in Paris, Dubai, and London, where Raphe mPhibr's engineering is increasingly shaping the global discourse. The company's motto, 'We innovate for a better society', guides how the company works and the partners it chooses. Raphe mPhibr partners with national institutions, in line with the mission laid out by India's Prime Minister: Make in India, innovate in India, and become truly Aatmanirbhar. It also works with international partners such as Dassault Systèmes, HENSOLDT, and Safran. 'Raphe mPhibr's implementation of our 3DEXPERIENCE platform shows how virtual worlds help innovators achieve speed and sovereignty by accelerating the entire product lifecycle from concept to certification,' noted Olivier Sappin, CEO, CATIA, Dassault Systèmes (France). 'We've worked closely with Raphe mPhibr's teams and seen first-hand their ability to deliver advanced mil-grade electronics and mechanical systems,' stated Oliver Dörre, CEO, HENSOLDT (Germany). 'Raphe mPhibr is a technological and industrial adventure the likes of which can only be found in India. We're proud of the partnership we are building with this company which could become one of the world's major players in the drone industry,' shared Alexandre Ziegler, Executive Vice President, Defense GBU, Safran Electronics & Defense (France) via LinkedIn. People First 'A musician must make music, an artist must paint, a poet must write, if he is to be ultimately at peace with himself.'— Abraham Maslow, founder of humanistic psychology and one of the most influential psychologists of the 20th century. All strong philosophies, whether scientific, strategic, or national, ultimately rest on people. And for people to do exceptional work, they must feel safe, supported, and fulfilled. That's why Raphe mPhibr is committed to building not just technology, but culture. A culture that is psychologically safe, emotionally grounded, organically grown, and quietly rigorous. One that helps people become not just better engineers, but better versions of themselves. As the Raphe mPhibr team often says: 'If we eat well, we innovate well.' It's a simple truth that makes Drongans feel good and when people feel good, they build what others think is impossible. Making It in India 'The world is looking at India with new eyes, and it's time we matched our vision with capability.' — Prime Minister Narendra Modi, during an annual Independence Day address to the nation. This funding is not just capital; it is a commitment. A commitment to build in India what the country cannot afford to depend on others for. To turn policy into product. To make Aatmanirbhar Bharat not just a campaign, but a living, flying ecosystem. About Raphe mPhibr Raphe mPhibr is India's most innovative aircraft manufacturer. Conceptualised in 2016, the company has logged over 1 million kilometres of flight, delivered the world's first operational drone swarm, and developed India's first indigenous state-of-the-art military grade autopilot, and lightweight internal combustion engine. From metals to composites and electronics, Raphe mPhibr designs and builds everything under one roof. With 600+ team members, over 100 unique IPs, and world-class design and manufacturing facilities, Raphe mPhibr innovates for a better society. Raphe mPhibrAman ChhabraPresident General+91 84477 43095 [email protected]
Yahoo
06-04-2025
- Business
- Yahoo
Is Reddit (RDDT) the Top Stock to Buy According to Think Investments?
We recently published a list of . In this article, we are going to take a look at where Reddit, Inc. (NYSE:RDDT) stands against other top stocks to buy according to Think Investments. Think Investments is an investment firm based in San Francisco, with additional offices in Singapore and India. The firm focuses on long-term investments in both public and private companies, emphasizing creative research to identify high-potential opportunities. Specializing in technology-driven early-stage businesses, Think Investments partners with its strong management teams to build differentiated companies that generate high returns on invested capital. With a deep understanding of emerging markets and global technology, the firm is well-positioned to navigate complex investment landscapes. Founded in 2013 by Shashin Shah, Think Investments has established itself as a key player in global markets. The firm has over $1 billion invested in Indian companies operating in the financial services, healthcare, technology, and consumer sectors. Think's investment strategy is guided by Shah's extensive experience in global equity markets, ensuring a disciplined approach to capital allocation. The firm's commitment to long-term value creation has made it a trusted partner for relatively young companies looking to scale efficiently. Shashin Shah, Founder and Managing Partner, brings decades of expertise in global investing. Before launching Think Investments, he was a partner at Valiant Capital, where he managed multiple international markets, including India, the U.S., Europe, Asia, the Middle East, and North Africa. Shah also worked at Blue Ridge Capital and Morgan Stanley, further honing his investing skills. His academic background includes a bachelor's degree in computer engineering from the University of Mumbai and an MBA from the University of Texas, equipping him with a strong analytical and financial foundation. In addition to leading Think Investments, Shah plays an active role in shaping the growth of innovative companies. He currently serves on the boards of Chaayos, a tea café chain, and Dream11, India's leading fantasy sports platform. His leadership and strategic insights continue to drive Think's success, solidifying its reputation as a premier investment firm in global markets. As of its latest filing for the fourth quarter of 2024, Think Investments reported managing approximately $454.51 million in 13F securities, of which the firm's top ten holdings account for 80.57%. The stocks discussed below were picked from Think Investments' Q4 2024 13F filings. They are compiled in the ascending order of the hedge fund's stake in them as of December 31, 2024. To assist readers with more context, we have included the hedge fund sentiment regarding each stock using data from 1009 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A marketing manager in a boardroom making decisions about the company's social media management platform. Reddit, Inc. (NYSE:RDDT) operates as an American social media platform by the same name, which is known for its user-driven content aggregation and community forums. The platform allows registered members to submit posts in the form of links, text, images, and video media, which are then upvoted or downvoted by other users based on their usefulness or popularity. The platform is structured around topic-specific communities called subreddits, fostering a wide range of discussions across various interests. Reddit, Inc. (NYSE:RDDT) went public in March of 2024, with the company and its shareholders raising about $750 million from its initial public offering. In its fourth-quarter earnings report, Reddit, Inc. (NYSE:RDDT) reported strong financial performance, with revenue rising 71% year-over-year to $427.7 million, exceeding analysts' expectations. Net income for Q4 also surged to $71 million, a tremendous increase from $18.5 million in the same quarter last year, reflecting significant profitability. Despite these financial gains, Reddit's user growth missed analyst expectations, with daily active users reaching 101.7 million instead of the anticipated 103.24 million. Nevertheless, this still represented a sound 39% year-over-year growth in user engagement. Reddit, Inc. (NYSE:RDDT)'s projections for the first quarter of 2025 remain optimistic, with expected revenue ranging between $360 million and $370 million. This guidance significantly surpasses the $243 million reported in the same period last year and indicates continued growth momentum. While the earnings report highlighted Reddit's strong financial performance, the shortfall in user growth dampened investor enthusiasm, leading to a decline in the company's stock during after-hours trading. For a stock that only recently went public, Reddit, Inc. (NYSE:RDDT)'s financials are impressive, giving rise to hedge fund sentiment. By the end of Q4 2024, 87 out of 1,009 funds tracked by Insider Monkey held positions worth nearly $4.65 billion in the company, up from 52 funds in Q3. The rising institutional interest in the company highlights strong confidence in its growth potential, strengthening its position as a top stock to buy. Overall, RDDT ranks 4th on our list of top stocks to buy according to Think Investments. While we acknowledge the potential of RDDT, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RDDT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
06-04-2025
- Business
- Yahoo
Is Sea Limited (SE) the Top Stock to Buy According to Think Investments?
We recently published a list of . In this article, we are going to take a look at where Sea Limited (NYSE:SE) stands against other top stocks to buy according to Think Investments. Think Investments is an investment firm based in San Francisco, with additional offices in Singapore and India. The firm focuses on long-term investments in both public and private companies, emphasizing creative research to identify high-potential opportunities. Specializing in technology-driven early-stage businesses, Think Investments partners with its strong management teams to build differentiated companies that generate high returns on invested capital. With a deep understanding of emerging markets and global technology, the firm is well-positioned to navigate complex investment landscapes. Founded in 2013 by Shashin Shah, Think Investments has established itself as a key player in global markets. The firm has over $1 billion invested in Indian companies operating in the financial services, healthcare, technology, and consumer sectors. Think's investment strategy is guided by Shah's extensive experience in global equity markets, ensuring a disciplined approach to capital allocation. The firm's commitment to long-term value creation has made it a trusted partner for relatively young companies looking to scale efficiently. Shashin Shah, Founder and Managing Partner, brings decades of expertise in global investing. Before launching Think Investments, he was a partner at Valiant Capital, where he managed multiple international markets, including India, the U.S., Europe, Asia, the Middle East, and North Africa. Shah also worked at Blue Ridge Capital and Morgan Stanley, further honing his investing skills. His academic background includes a bachelor's degree in computer engineering from the University of Mumbai and an MBA from the University of Texas, equipping him with a strong analytical and financial foundation. In addition to leading Think Investments, Shah plays an active role in shaping the growth of innovative companies. He currently serves on the boards of Chaayos, a tea café chain, and Dream11, India's leading fantasy sports platform. His leadership and strategic insights continue to drive Think's success, solidifying its reputation as a premier investment firm in global markets. As of its latest filing for the fourth quarter of 2024, Think Investments reported managing approximately $454.51 million in 13F securities, of which the firm's top ten holdings account for 80.57%. The stocks discussed below were picked from Think Investments' Q4 2024 13F filings. They are compiled in the ascending order of the hedge fund's stake in them as of December 31, 2024. To assist readers with more context, we have included the hedge fund sentiment regarding each stock using data from 1009 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician installing hardware in a modern server room, highlighting the company's focus on on-premise environments. Sea Limited (NYSE:SE), a Singapore-based technology conglomerate, continues to strengthen its position across e-commerce, gaming, and digital financial services. The company first gained recognition for its successful game publishing business, particularly with Free Fire. Over the years, Sea Limited expanded its operations, launching Shopee as a dominant e-commerce platform and SeaMoney to provide digital financial services across Southeast Asia and beyond. The company achieved remarkable growth in 2024, with all three of its core businesses, gaming, e-commerce, and digital finance, demonstrating double-digit growth. Also, 2024 was Sea Limited (NYSE:SE)'s second consecutive year of annual profitability, with each business segment delivering positive adjusted EBITDA. E-commerce was a key driver, with Shopee's gross merchandise value (GMV) surging 28% year-over-year to surpass $100 billion. The platform also achieved adjusted EBITDA profitability in both Asia and Brazil, reinforcing its ability to balance growth with sustainable financial performance. For the fourth quarter of 2024, Sea Limited (NYSE:SE) reported revenue of $5 billion, marking a 36.9% year-over-year increase. Gross profit rose by 44.6% to $2.2 billion, and the company posted a net income of $237.6 million, a significant upside from the $111.6 million net loss recorded in the same quarter of 2023. Adjusted EBITDA soared to $590.9 million, up from $126.7 million a year earlier. As of December 31, 2024, the company's cash, cash equivalents, short-term investments, and other treasury holdings totaled $10.4 billion, reflecting a net increase of $478.6 million from the previous quarter. With its diversified business model and continued focus on profitability, Sea Limited (NYSE:SE) remains well-positioned for sustained growth. Looking ahead to 2025, the company expects Shopee's full-year GMV growth to be around 20%, with further improvements in profitability. As it continues to scale its operations across key markets, the company is set to maintain its momentum as one of Southeast Asia's leading digital economy players. SaltLight Capital stated the following regarding Sea Limited (NYSE:SE) in its Q3 2024 : 'Sea Limited (NYSE:SE), which is focused on Southeast Asia, has the wildly successful Free Fire game franchise, first launched in 2017. Overall, SE ranks 6th on our list of top stocks to buy according to Think Investments. While we acknowledge the potential of SE, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
