ePlane Company Founder Emphasises Business Viability Over Novelty for Indian Deeptech

24 Oct 2026, 8:00 am · 4h ago · 1 min read · YourStory

Speaking at TechSparks 2026, Professor Satya Chakravarthy, founder of IIT Madras-incubated The ePlane Company, highlighted the critical need for deeptech founders to prioritize financial fundamentals over mere technological novelty. Chakravarthy warned against the technology trap, urging entrepreneurs in the electric vertical takeoff and landing aircraft sector to identify clear commercial use cases such as electric air ambulances. He noted that deeptech aerospace startups require decacorn-scale revenue models to survive extensive capital commitments and long gestation periods. The ePlane Company continues developing indigenous compact eVTOLs to transform urban mobility and emergency medical transport across India.