Deep-tech startup Heliware, an advanced geospatial intelligence and 3D analytics deep-tech startup, has raised ?4.5 Crore in a bridge round led by Inflection Point Ventures. The investment will fuel international growth through key partnerships, talent hiring, and operational hubs in major global markets, alongside bolstering working capital for current and upcoming projects.
As India’s first company to deliver a nationwide high-resolution 3D terrain model, Heliware integrates cutting-edge tools like flood simulations, line-of-sight analysis, and predictive spatial modeling.
Its platform slashes analysis and app development time by fivefold while cutting costs in half, providing affordable, flexible end-to-end solutions for industries dependent on precise location data.
Rajan Srivastav, Founder and CEO of deep-tech startup Heliware, brings a robust background as a Geo-Informatics engineer from the University of Petroleum and Energy Studies in Dehradun.
With over seven years in crafting GIS solutions and spatial intelligence products, he earned recognition as one of the 2022 Geospatial World 50 Rising Stars, the sole Indian under 30 on the list.
Heliware maintains a strong pan-India footprint, serving government and corporate clients while expanding to enterprise customers in Southeast Asia. The company now supports over 100 clients across five countries with scalable, cloud-based geospatial tools designed for rapid multi-region rollout.
A standout winner in the 2023 Space-Tech category at Accenture Ventures’ TECHNEXT Challenge,
Heliware counts marquee clients like the Indian Army, DRDO, Larsen & Toubro, Accenture, Nielsen, and ReNew among its defense, infrastructure, tech, retail, and renewable energy partners.
Its patented 3D technology simplifies complex GIS into accessible, plug-and-play systems, fueling growth in a global market poised to surge from USD 100 billion to over USD 250 billion by 2032 and India’s segment hitting ?1 lakh crore (USD ~12 billion) by 2030.
Leadership Comments
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.”
“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.
