Deeptech company Heliware, which specializes in advanced geospatial intelligence and 3D analytics, has raised Rs 4.5 crore in a bridge funding round. The investment was led by Gurugram-based angel network Inflection Point Ventures (IPV). The newly secured capital will be directed toward expanding Heliware’s presence in international markets. The company plans to pursue strategic global partnerships, hire key talent, and establish operational infrastructure in select overseas regions.A portion of the funds will also be allocated to strengthen working capital to support current and upcoming projects.
Founded in 2018, Heliware says it has built a detailed, high-resolution 3D terrain model covering the entire country. This model is integrated with sophisticated analytics capabilities, including flood simulation, line-of-sight analysis, and predictive spatial modeling. According to the company, its platform enables analysis and application development five times faster and at half the cost, delivering a unified geospatial intelligence solution for sectors that depend heavily on location-based data.
Mitesh Shah, co-founder, Inflection Point Ventures, said, “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.”
Sharing his perspective on the partnership, Rajan Srivastav, founder and CEO, Heliware, said, “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.”
Heliware reports a pan-India operational footprint, serving both government bodies and corporate clients nationwide. In addition to its domestic operations, the company also works with enterprise customers in Southeast Asia. Overall, it supports more than 100 clients across five countries, offering scalable, cloud-based geospatial intelligence solutions across multiple industries.
The global geospatial and GIS market is currently valued at around $100 billion and is projected to surpass $250 billion by 2032. In India, the sector is expected to evolve into a Rs 1 lakh crore ($12 billion) market by 2030, fueled by increasing adoption across infrastructure development, defense initiatives, and enterprise applications.
