Bangalore Deeptech Startup Heliware Raises ₹4.5 Crore
Heliware, a Bangalore-based deeptech startup specializing in 3D geospatial data visualization and analytics, has secured ₹4.5 crore ($540,000) in a funding round led by JITO Angel Network. The investment will be used to accelerate the company's international expansion and product development. The funding highlights investor interest in foundational infrastructure and developer tools for emerging sectors like geospatial intelligence reports.
- The company was founded by Rajan Srivastav, a geo-informatics engineer who previously started a drone training company. He identified the core problem not as data collection, but as the visualization and analysis of large-scale 3D data, which led to the creation of Heliware. - Heliware's platform is built to be an end-to-end, WebGL-powered geospatial stack that allows developers to work with terabytes of 3D data. The company provides specialized SDKs and APIs with a focus on base map independence and indigenous algorithms for advanced data tiling. - The startup's business model avoids a one-size-fits-all SaaS approach, instead offering a mix of subscription plans, pay-per-use APIs, and white-labeled platforms to cater to both high-tech enterprises and legacy organizations. - Heliware has developed what it calls India's first nationwide high-resolution 3D terrain model, which integrates features like flood simulation and line-of-sight analysis. - The company serves over 100 enterprise clients across five countries, including prominent names in defense and infrastructure like the Indian Army, DRDO, and Larsen & Toubro, as well as tech companies like Accenture and Nielsen. - Founder Rajan Srivastav's advice to other technical founders in India is to "Build for the long term, especially if you're from Tier 2 or Tier 3 India. Great tech knows no geography." - Lead investor JITO Angel Network is a sector-agnostic fund that focuses on early-stage startups with high-growth potential, offering not just capital but also business support and connections from its network of over 15,000 business leaders.
