AI powered 3D Geospatial platform Heliware Secures ₹4.5 Cr Bridge Funding from Inflection Point Ventures
Heliware, a deep-tech startup delivering advanced geospatial intelligence and 3D analytics has raised ₹4.5 Crore in a bridge round led by Inflection Point Ventures. The funds will support international market expansion through strategic partnerships, talent acquisition, and operational setup across key global geographies, while strengthening working capital for ongoing and future projects.
Heliware is the first Indian company to have developed a comprehensive, high-resolution 3D terrain model of the entire country, integrated with advanced analytics such as flood simulation, line-of-sight analysis, and predictive spatial modeling. The company enables analysis and application development five times faster and at half the cost. With its affordability, flexibility, and end-to-end solutions, Heliware offers a unified geospatial intelligence solution for industries reliant on location data.
Mitesh Shah, Co-Founder, Inflection Point Ventures says, "Geospatial intelligence is becoming a foundational layer for modern infrastructure, defense preparedness, and enterprise decision-making. Heliware's ability to democratize extremely complex GIS capabilities with a plug-and-play, scalable platform that produces tangible results is what makes it unique. We think Heliware is well-positioned to become a globally significant Indian geospatial intelligence firm since the company has established a solid technological moat with distinct use cases across several industries.”
Rajan Srivastav, the Founder and Chief Executive Officer of Heliware, is a Geo-Informatics engineer from the University of Petroleum and Energy Studies, Dehradun Srivastav has over seven years of experience in developing GIS solutions and innovative products that empower industries with advanced spatial intelligence. He has been identified as one of the 50 Rising Stars of Geospatial World in 2022, the only Indian under thirty to receive this recognition.
"Our experience with IPV has been deeply collaborative and value-driven, helping us sharpen our strategic direction while preparing Heliware for its next phase of growth," says Rajan Srivastav, founder and CEO, Heliware. By making sophisticated 3D and location analytics available to all industries, not just GIS specialists, we hope to democratize geospatial information. We continue to be committed to creating an India-born, internationally relevant platform that facilitates quicker decision-making, more intelligent infrastructure, and practical effects as we expand into new areas. Redefining how the world interacts with location data is the goal of this adventure, he adds.
Heliware has a pan-India operational presence, catering to government and corporate clients across the country, and also caters to enterprise clients in Southeast Asia. The startup currently works with more than 100 clients across five countries, providing scalable, cloud-based geospatial intelligence solutions across several industries. The solution is built to enable quick multi-region deployment, thus enabling efficient market expansion. Heliware emerged as the winner of the 2023 Space-Tech segment at the TECHNEXT Challenge organized by Accenture Ventures.
Heliware is trusted by top organizations in the defense, infrastructure, technology, retail, and renewable energy sectors, including the Indian Army, DRDO, Larsen & Toubro, Accenture, Nielsen, and renewal-energy companies such as ReNew. The key to Heliware’s success is its ability to democratize geographic information systems (GIS) using patented three-dimensional technology, thus making a complex, expert-centric area of expertise a simple, plug-and-play solution.
The global geospatial and GIS market is valued at ~USD 100 billion and is projected to exceed USD 250 billion by 2032. In India, the market is expected to grow into a ₹1 lakh crore (USD ~12 billion) industry by 2030, driven by strong adoption across infrastructure, defense, and enterprise use cases.
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