Gurugram-based deep-tech start-up Heliware has raised ₹4.5 crore in a bridge funding round led by Inflection Point Ventures (IPV), as it looks to expand internationally and strengthen its product offerings.
The company said the funds will be used to accelerate research and development, advance its core geospatial technology, and support the launch of new products nearing market entry. Part of the capital will also go towards building strategic partnerships, hiring talent, and establishing operations in key global markets.
Founded in 2018, Heliware develops geospatial intelligence and 3D analytics solutions. It claims to be the first Indian company to create a nationwide high-resolution 3D terrain model integrated with flood simulation, line-of-sight analysis, and predictive spatial modelling tools. The platform is designed to enable faster and lower-cost analysis for industries that rely on location data, including defence, infrastructure and renewable energy.
Heliware says it serves more than 100 clients across five countries, including organisations such as the Indian Army, DRDO, Larsen & Toubro, Accenture, Nielsen and ReNew. The company has a pan-India presence and also works with enterprise customers in Southeast Asia.
Inflection Point Ventures, which reports investing over ₹800 crore across more than 250 start-ups, said geospatial intelligence is becoming increasingly important for infrastructure and defence planning. The firm believes Heliware’s plug-and-play platform and proprietary 3D technology position it for global growth.
The global geospatial and GIS market is currently valued at around $100bn and is projected to exceed $250bn by 2032. In India, the sector is expected to reach approximately ₹1 lakh crore (about $12bn) by 2030, driven by growing adoption across public and private sectors.
Heliware has previously received industry recognition, including awards for innovation in analytics and emerging geospatial leadership.
