Funding · Government, Defense & Space

Kalam Labs gets Rs 2 crore on Shark Tank

By Startup Enthusiast · 12 January 2026

What they do

Kalam Labs builds near-space aerial vehicles that fly up to 43 km altitude as a cheaper satellite alternative

On Shark Tank India Season 5, founders sought Rs 2 crore for 0.67% equity; Anupam Mittal and Aman Gupta invested Rs 2 crore for 1.25% equity

The company has completed over 60 launches, works with IMD and Indian Army, and expects defence procurement starting at Rs 150 crore

Kalam Labs develops near-space aerial vehicles that operate up to 43 km altitude as a cost-effective satellite alternative.
The company started as a space-focused learning platform and later pivoted to near-space missions.
On Shark Tank India Season 5, founders Ahmad Faraz, Sashakt Tripathi, and Harshit Awasthi sought Rs 2 crore for 0.67% equity, valuing the company at Rs 300 crore.
Anupam Mittal offered Rs 2 crore for 2% equity, and Aman Gupta joined the offer.
The final deal was Rs 2 crore for 1.25% equity, accepted by the founders.

The investment comes from two prominent Shark Tank investors, Anupam Mittal and Aman Gupta.
Kalam Labs has already deployed vehicles for weather monitoring with the India Meteorological Department (IMD) and surveillance with the Indian Army.
The company has completed over 60 launches and filed a patent, showing operational traction.
A potential defence procurement of Rs 150 crore is expected to begin, indicating large future revenue.

Kalam Labs develops near-space aerial vehicles that fly up to 43 km altitude.
These vehicles serve as a cost-effective satellite alternative for various applications.
The company has deployed vehicles for weather monitoring by the India Meteorological Department (IMD).
It also provides surveillance services to the Indian Army.
Kalam Labs started as a space-focused learning platform and later pivoted to near-space missions.
The company has completed over 60 launches and filed a patent.
It is currently executing a Rs 1 crore order.