Latest news with #RaphemPhibr
&w=3840&q=100)
First Post
3 days ago
- Business
- First Post
Military clash with Pakistan boosts India's defence business, govt aims to double arms exports by 2029
The four-day military clash between India and Pakistan following Operation Sindoor gives India's defence industry a push to export its weapon systems to international buyers. Here's how read more The next-generation BrahMos supersonic missile, jointly developed by India and Russia, is also on Brazil's radar.. Representational image: Wikimedia Commons India's defence industry is making a push into the overseas markets, just two months after it engaged in a 4-day military clash with Pakistan following the devastating Pahalgam terror attack. According to a Financial Times report, soon after the military escalation, the Indian government is seeking to boost its manufacturing by exporting home-made industrial products. These products range from mobile phones to missiles, and the endeavour is being undertaken under the ' Make in India' initiative. The push to export military equipment comes from both startups and established state-owned companies like BrahMos, whose missiles rocked Pakistan's military infrastructure during Operation Sindoor. STORY CONTINUES BELOW THIS AD While speaking to the Financial Times, Vivek Mishra, chief executive of Raphe mPhibr, a drone start-up that raised $100mn in June, said that the push after Operation Sindoor came because 'if Indian forces are using systems in harsh terrains and they are happy with the performance, that becomes a validation for other countries as well.' Drones and weapon systems deployed during Operation Sindoor garner global attention The start-up's drones include swarm-capable, vertical take-off and landing mR10 and mR10-IC models, similar to the type deployed by India inside Pakistan, as New Delhi attacked nine terror camps in Pakistan. Defence Minister Rajnath Singh also explained how the global demand for Indian weapons has increased after Operation Sindoor. 'The global demand for our indigenous products has increased even more after the valour we showed and the capability demonstrated by our domestic equipment in Operation Sindoor,' Singh said at an event in New Delhi on July 8. According to the report, India is aiming to more than double its defence exports, reaching a figure of over Rs 500 billion ($5.8 billion) by 2029. In the past financial year, the export figure stood at Rs 236 billion, the Indian Defence Minister said. For years, India has been one of the world's largest arms importers, buying weaponry from the US, France, Israel, Russia, etc. However, the change in New Delhi's approach could also be due to its ambition to bolster its defence industry to rival that of China. 'The world saw a glimpse of 'Make in India' and indigenous weapon systems in Operation Sindoor,' Prime Minister Narendra Modi said in a meeting in May in Kanpur, touted as the hub of the Indian defence industry. STORY CONTINUES BELOW THIS AD 'Domestic manufactured arms and BrahMos missiles caused massive destruction deep inside enemy territory,' he added. Back in 2014, it was the PM Modi-then administration that opened up India's defence industry to the private sector. Adani is among the leading conglomerates in the sector, alongside giants such as Tata, Mahindra, and Larsen & Toubro. 'Our drones became the eyes in the skies as well as the swords of attack, and our anti-drone systems helped protect our forces and citizens,' said Gautam Adani, group chair, at the company's annual shareholder meeting last month following the India-Pakistani military clash. What India is exporting A senior government official told the Financial Times that India exported BrahMos anti-ship missiles, which are made by an Indian-Russian joint venture, to the Philippines in 2022 for $375 million. The country is now in discussions to sell the weapon system to Vietnam and Indonesia. Apart from this, New Delhi will also be looking to market its Akash air defence systems, made by state-owned Bharat Electronics Ltd (BEL), and artillery guns to 'friendly foreign countries', the official told the Financial Times. 'We are not actively going around flogging any particular weapons," he added. Even before Operation Sindoor, India brokered other military deals involving state-owned companies. Some of them included the sale of four BEL-made Swathi weapon-locating radars made to Armenia for about $40mn that were deployed in the country's brief conflict with Azerbaijan that year. STORY CONTINUES BELOW THIS AD Since then, Armenia has bought Pinaka rockets and Akash air defence systems, bringing its arms purchases from India to nearly $60mn. All these exports are crucial for the Indian military, given its limited buying power. In light of this, defence groups in the country are optimistic about their prospects of venturing out in foreign markets.
Business Wire
04-07-2025
- Business
- Business Wire
Indian Aircraft Manufacturing Company Raphe mPhibr Revolutionizes Unmanned Aerial Vehicle Innovation with Dassault Systèmes' 3DEXPERIENCE Platform
VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)-- Dassault Systèmes (Euronext Paris: FR0014003TT8, today announced that Raphe mPhibr, India's most innovative aircraft manufacturing company specializing in unmanned aerial vehicles, has adopted its 3DEXPERIENCE platform to transform how aircraft systems are conceived, validated and built, substantially reducing the design cycle. Unmanned aircraft systems are emerging in light of growing applications in defense, homeland security, agriculture, logistics and infrastructure monitoring, and are expected to reach an estimated 6.5 million units in 2030. To contribute to India's goal of becoming self-reliant in aerospace and defense, Raphe mPhibr needed a new approach to integrate technology and advanced scientific principles into its design process for the engineering of next-generation UAVs with superior strength-to-weight performance and increased payload capacity. From metals to composites and electronics, Raphe mPhibr designs and builds everything under one roof. Dassault Systèmes' 3DEXPERIENCE platform significantly reduced its product development cycle while integrating physics and design for manufacturing within the design phase. One of the most compelling use cases for the 3DEXPERIENCE platform at Raphe mPhibr was during the development of its engine. Traditionally a multi-year effort, the engine development process was shortened to just three months. The platform empowered the team to redesign parts optimized for 3D manufacturing. 1 Raphe mPhibr successfully created complex composite parts through an integrated design and simulation workflow. It reduced the weight of its 4kW 2-stroke engine, which outperforms systems seven times its weight, by 700 grams (1.54 pounds), and made a strategic shift toward 3D-centric design thinking that led to more intuitive and efficient part development. The platform also enabled the team to push the boundaries of engineering by designing high-performance aerodynamic surfaces. 'Designing and manufacturing a drone is nothing less than designing and manufacturing a whole aircraft. The kind of drones we are manufacturing have 20,000 to 30,000 parts,' said Vikash Mishra, Chairman, Raphe mPhibr. 'The 3DEXPERIENCE platform allows us to think in 3D – not in straight lines, circles or squares. Biological systems that have evolved in nature – such as plants, anatomical structures and geological formations – are not made up of geometrical shapes. So, using this platform, we can design more organically and without limitations. It's the best software to create our vision.' 'Raphe mPhibr's adoption of our 3DEXPERIENCE platform shows how innovators are building tomorrow's advanced air mobility solutions with virtual twin experiences. Its focus on in-house design sets a new benchmark for engineering excellence,' said David Ziegler, Vice President, Aerospace and Defense Industry, Dassault Systèmes. 'The 3DEXPERIENCE platform combines all aspects of design, simulation and collaboration in a single environment for innovation and operational efficiency.' Raphe mPhibr recently announced it closed $100 million in funding in a round led by General Catalyst - the largest private funding round for an Indian aircraft manufacturer to date. Raphe mPhibr has a team of over 500 people and more than 100 unique intellectual property assets. Its products have logged over one million kilometers (621,371 miles) with the security forces of India. Raphe mPhibr's future roadmap includes growing its workforce, expanding its research, development and manufacturing facility, and using virtual twin experiences for lifecycle management. Dassault Systèmes' 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions:
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
27-06-2025
- Business
- Time of India
ETtech Deals Digest: Startups raise $738 million in June, down 60% on-year
ETtech ETtech ETtech ETtech Indian startups raised about $738.5 million in funding between June 1 and 27, marking a 60% decrease from the full month last year, when they had raised a total of $1.8 billion across 207 month, startups, primarily in the seed, early and late stages, secured funding through 68 rounds, according to data from market intelligence platform May 2025, startups raised around $1.06 billion from 79 week — from June 21 to June 27 — startups raised around $276.3 drone manufacturing startup Raphe mPhibr raised $100 million in an equity funding round led by Silicon Valley investor General Catalyst. The round also saw participation from existing investors, including stock market investor Amal Parikh, Think Investments, and other family firm Cred closed a funding round of about $72 million at a sharply reduced valuation of $3.5 billion. This marks a steep 45% cut from the $6.4 billion valuation at which the company last raised capital in 2022. Singapore's sovereign wealth fund GIC , through its investment arm Lathe Investment, led the Singapore-based wealth management platform raised $53 million in a fresh funding round, led by two UK-based family offices. In August 2024, the company had raised $27 million as part of the same round, and this extension takes the total funds raised in the round to $80 million.Y Combinator-backed cross-border payments startup Aspora raised $53 million in Series B funding, co-led by Sequoia and Greylock, with Quantum Light Ventures also contributing to the non-banking finance company (NBFC) Flexiloans raised around $43.8 million in a mix of primary and secondary capital. The round was led by existing investors Nandan Nilekani's Fundamentum, US-based impact investor Accion Digital Transformation, American asset management firm Nuveen, and Denmark-based asset management major Maj Invest.
&w=3840&q=100)
Business Standard
27-06-2025
- Business
- Business Standard
Raphe mPhibr raises $100 million in landmark defence drone funding round
In a major boost to India's indigenous defence tech sector, drone manufacturer Raphe mPhibr has secured $100 million in fresh funding, marking the largest private fundraise in the country's drone industry to date, The Times of India reported. The round was led by General Catalyst, with participation from Think Investments, Amal Parikh, and several family offices. With this, the total capital raised by the company has reached $145 million. Drones made by Raphe mPhibr were deployed during the recent Operation Sindoor in May. The new funding will be used to scale up Raphe mPhibr's end-to-end capabilities in aircraft design, engineering, and production. The company plans to enhance its facilities to better meet India's growing demand for homegrown aerospace technologies, the news report said. 'This funding is more than an investment; it is a commitment to build in India what the country can no longer afford to import,' the company said in a statement, aligning its mission with the government's Aatmanirbhar Bharat and Make in India initiatives. Raphe mPhibr's product lineup: From drone swarms to maritime reconnaissance Founded in 2016, Raphe mPhibr offers a wide range of defence-grade UAVs: -mR10: A drone swarm platform for coordinated missions -mR20: Designed for high-altitude logistics delivery -Bharat Drone: A man-portable surveillance solution -X8: Built for maritime patrol and reconnaissance Raphe mPhibr was established by Vikash Mishra and Vivek Mishra, two technologists with deep roots in aerospace and engineering. Vikash is an MIT-trained aerospace engineer with past experience at Idaho National Laboratory and CERN, while Vivek holds a PhD from Georgia Tech and has worked extensively in bio-inspired algorithms and sensor networks. Expanding India's indigenous defence ecosystem The company operates a comprehensive aerospace manufacturing campus, staffed by over 600 employees and housing specialised departments in aerodynamics, structural mechanics, thermodynamics, materials science, and electronics. It claims to have logged over one million km of flight across its platforms and developed more than 100 unique intellectual properties. Its manufacturing capabilities include facilities for metal processing, composite materials, engine development, and military-grade electronics, enabling it to build equipment that performs in extreme conditions — ranging from deserts to high-altitude mountains and marine environments.
