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Ideaforge Technology
3.7
based on 119 Reviews
Company Overview
Company Locations
Working at Ideaforge Technology
Company Summary
ideaForge manufactures Drones, Quadcopters, Fixed Wing UAVs and other Micro Drones in India for Government, Defence, Commercial and Industrial applications
Overall Rating
3.7/5
based on 119 reviews
On-Par with
industry average
Critically rated for
Promotions, Salary, Job security
Work Policy
Work from office
76% employees reported
Monday to Friday
68% employees reported
Strict timing
53% employees reported
No travel
47% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
3 employees reported
Health insurance
3 employees reported
Professional degree assistance
2 employees reported
Cafeteria
2 employees reported
View all benefits
About Ideaforge Technology
Founded in2007 (18 yrs old)
India Employee Count51-200
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websiteideaforge.co.in
Primary Industry
Other Industries
--
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ideaForge is a pioneer in research, development, production and operation of compact, cost effective and user friendly Unmanned Aerial Vehicles (UAVs) in India. The company focuses on creating innovative solutions that enhance operational efficiency and provide advanced capabilities in various sectors. With a commitment to quality and continuous improvement, ideaForge aims to lead the UAV market by integrating cutting-edge technology and customer-centric approaches.
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Ideaforge Technology Ratings
based on 119 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
51
4
35
3
15
2
4
1
14
Category Ratings
3.6
Company culture
3.5
Work-life balance
3.5
Work satisfaction
3.4
Skill development
3.3
Job security
3.3
Salary
3.2
Promotions
Ideaforge Technology is rated 3.7 out of 5 stars on AmbitionBox, based on 119 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Ideaforge Technology
based on 114 reviews
3.5
Rated by 25 Women
Rated 3.7 for Company culture and 3.5 for Job security
3.8
Rated by 89 Men
Rated 3.7 for Company culture and 3.6 for Work-life balance
Work Policy at Ideaforge Technology
based on 29 reviews in last 6 months
Work from office
76%
Hybrid
18%
Permanent work from home
6%
Ideaforge Technology Reviews
Top mentions in Ideaforge Technology Reviews
+ 5 more
Compare Ideaforge Technology with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 119 reviews | 3.2/5 based on 301 reviews | 2.9/5 based on 630 reviews | 3.7/5 based on 302 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | No highly rated category |
Critically Rated for | Promotions Salary Job security | Job security Promotions Work satisfaction | Job security Company culture Promotions | Promotions Work satisfaction |
Primary Work Policy | Work from office 76% employees reported | Hybrid 52% employees reported | Work from office 98% employees reported | Work from office 92% employees reported |
Rating by Women Employees | 3.5 Good rated by 25 women | 2.9 Poor rated by 62 women | 3.7 Good rated by 151 women | 3.9 Good rated by 81 women |
Rating by Men Employees | 3.8 Good rated by 89 men | 3.3 Average rated by 216 men | 2.5 Poor rated by 398 men | 3.7 Good rated by 211 men |
Job security | 3.3 Average | 2.5 Poor | 2.7 Poor | 3.4 Average |
View more
Ideaforge Technology Salaries
Ideaforge Technology salaries have received with an average score of 3.3 out of 5 by 119 employees.
Quality Engineer
(26 salaries)
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₹2 L/yr - ₹6.6 L/yr
R&D Engineer
(17 salaries)
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₹6 L/yr - ₹15 L/yr
Senior Engineer
(14 salaries)
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₹4.9 L/yr - ₹20.4 L/yr
Software Engineer
(13 salaries)
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₹5.7 L/yr - ₹19.6 L/yr
Deputy Manager
(12 salaries)
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₹10.5 L/yr - ₹17.6 L/yr
Inventory Executive
(9 salaries)
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₹1 L/yr - ₹4 L/yr
HR Associate
(7 salaries)
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₹2 L/yr - ₹7.1 L/yr
Production Engineer
(7 salaries)
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₹2 L/yr - ₹3 L/yr
Senior Quality Engineer
(6 salaries)
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₹4.7 L/yr - ₹8.1 L/yr
Production Technician
(6 salaries)
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₹2 L/yr - ₹2.3 L/yr
Ideaforge Technology Interview Questions
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Ideaforge Technology Jobs
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Ideaforge Technology News
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ideaForge Jumps 15% Intraday After Hitting 52-Week Low On Monday
- Shares of ideaForge jumped 15.48% in early trading after hitting a 52-week low earlier this week.
- The stock is currently trading 12.35% higher at INR 378.35 on the BSE.
- ideaForge's shares have been under pressure due to weak financials and have given a negative return of 38.82% on a year-to-date basis.
- At its previous closing price, the stock is trading nearly 61% lower than its 52-week high.
Inc42 | 19 Mar, 2025
Stocks that will see action today: March 17, 2025
- Blackstone acquires 40% stake in Kolte-Patil Developers for Rs 1,150 crore, with plans for additional stake acquisition through open offer.
- RBI reassures stability of IndusInd Bank despite accounting discrepancy and directs completion of remedial action.
- ideaForge aims for increased R&D investment in UAV sector amidst government support for drone development.
- Infosys subsidiary settles class-action lawsuits related to cyber incident for $17.5 million.
- SpiceJet's Chairman sells 0.89% stake in the airline through block deals.
- KPIT Tech informs about Qualcom Ventures becoming a shareholder in Qorix GmbH, a JV with ZF Friedrichshafen AG.
- Shilpa Medicare's USFDA inspection at Unit-2 concludes with zero observations.
- Tejas Networks receives Rs 123.45 crore incentive from Ministry of Communications under PLI Scheme.
- Brigade Enterprises aims for Rs 2,700 crore revenue from new Bengaluru housing project 'Brigade Eternia'.
- Angel One appoints Rohit Chatter as chief data officer to enhance data-led transformation and innovation.
HinduBusinessLine | 17 Mar, 2025
Drone Maker ideaForge Plans Higher R&D Spend This Fiscal Year
- Drone maker ideaForge plans higher R&D spend this fiscal year.
- The company's consolidated revenue from operations in fiscal year ended March 31, 2024 stood at Rs 314 crore, while the profit was at Rs 45.27 crore.
- The company expects its run-rate business to contribute substantially in its overall topline.
- ideaForge recently announced a strategic investment and a partnership to strengthen its global reach and R&D capabilities.
Bloomberg Quint | 14 Mar, 2025
ideaForge’s Road To IPO, Zolve Bags $251 Mn & More
- ideaForge, the drone maker, has made a stellar stock market debut in 2023 and the ideaForge IPO was oversubscribed 106X compared to its issue price.
- Zolve, a neobanking startup, has secured $251 Mn funding, allowing Indian immigrants in the US to open a bank account without social security numbers.
- Ather, an EV maker, aims for a $1.6 Bn IPO valuation and plans to file its updated DRHP with SEBI next week.
- Zerodha and Groww, discount brokerages, witnessed a decrease in active users amid the recent market dip.
Inc42 | 12 Mar, 2025
Ankit Mehta On ideaForge’s Road To IPO: How Culture & Leadership Met High-Tech Innovation
- Ankit Mehta, along with partners, founded ideaForge in 2007, which has become a key player in the UAV market in India, culminating in a successful IPO worth INR 567 Cr.
- The company offers high-performance UAVs for various applications and provides end-to-end drone solutions, including training and after-sales support.
- With fundraising and strategic acquisitions, ideaForge attracted notable investors like Qualcomm Ventures, Infosys, and Florintree Capital Partners.
- The company struggled with limited institutional funding due to investors' unfamiliarity with drone technology but eventually secured contracts that bolstered its growth.
- In 2023, ideaForge went public, and its IPO was oversubscribed, reflecting strong investor confidence in the company's future.
- Mehta emphasized the importance of diversification, innovation, and long-term vision in navigating the dronetech ecosystem and driving company growth.
- The drone industry in India is evolving rapidly, supported by government investments and regulatory changes that have boosted the sector's growth.
- ideaForge focuses on indigenization, technology innovation, and global expansion to stay ahead in the market and address changing regulations.
- Mehta highlighted the challenges faced during ideaForge's early days, including funding constraints and building a skilled team aligned with the company’s vision.
- The company invests in startups that align with its vision and technology expertise, aiming to strengthen its offerings and expand its market presence.
- Mehta emphasized the importance of balancing personal finances with business growth and focusing on equity value creation for long-term stability.
Inc42 | 11 Mar, 2025
ideaForge Shares Tumble 6% To Hit Fresh All-Time Low
- Shares of drone manufacturing company ideaForge dropped 6.5% to reach its new all-time low of INR 338.50 apiece on the BSE intraday trading session.
- The stock closed 4.6% down at INR 345.25 per share on the BSE, compared to its previous close of INR 361.90 apiece from Friday.
- ideaForge's market capitalisation currently stands at INR 1,494.34 Cr (around $171 Mn).
- The broader market volatility, including US tariff plans and weak trading volumes, has led to the frequent all-time lows of startups in recent months.
Inc42 | 4 Mar, 2025
Ideaforge Share Price Target 2025, 2026 to 2030
- Ideaforge Technology Limited, based in Mumbai, specializes in drone manufacturing and digital solutions.
- The company has around 427 employees and has faced challenges in recuperating its share price since going public.
- Analysts delve into factors influencing Ideaforge's Share Price Target for 2025 and beyond, evaluating its financial prospects.
- The projected Ideaforge Share Price for 2025 indicates a range from Rs 500.13 to Rs 1,198.20 by December, with monthly variations.
- From 2026 to 2030, the forecasted Ideaforge Share Price ranges from a minimum of Rs 662.38 to a maximum of Rs 2,749.00, offering insights into long-term growth potential.
- Competitors of Ideaforge LTD include Paras Defence, JNK India, DISA India, and Uniparts India, with varying market capitalizations.
- The trend of Ideaforge's share price indicates a decline since its listing in July 2023 at Rs 1,294 per share, prompting caution among investors.
- Potential investors are advised to reassess risk tolerance due to market unpredictability and consider expert guidance and thorough research before investing.
- Multiple FAQs address specifics such as the Ideaforge Share Price Targets for 2025, 2026, 2027, 2028, and beyond, emphasizing prediction, potential inaccuracies, and the need for verification.
- The article concludes by emphasizing the importance of expert advice, given the market's volatile nature, and invites further inquiries via email for stock market-related information.
VIE Stories | 22 Feb, 2025
ideaForge and Vantage Robotics Partner to Expand UAV Solutions Across India and the U.S.
- ideaForge, an Indian drone developer, has announced a strategic investment and partnership agreement with Vantage Robotics, a Silicon Valley-based developer of small form factor UAVs.
- The partnership aims to offer a range of new drone solutions based on shared technology and cater to military and commercial clients.
- ideaForge will leverage Vantage Robotics' portfolio of nano and micro drones to enhance their UAV platforms, while Vantage Robotics will benefit from ideaForge's manufacturing expertise and capacity in India.
- The collaboration represents a significant step for the Indian and American drone industries and opens opportunities for future technical partnerships.
Dronelife | 21 Feb, 2025
ideaForge Shares Hit 52-Week Low During Morning Trade
- Shares of dronetech company ideaForge hit a fresh 52-Week low at INR 366.55 on the BSE.
- The stock later recovered and was trading over 4% higher at INR 385.70 at 1:05 PM.
- ideaForge posted a net loss of INR 24.02 Cr in Q3 FY25, compared to a net profit of INR 14.80 Cr a year ago.
- The company's operating revenue crashed 81% to INR 17.61 Cr in Q3 FY25.
Inc42 | 19 Feb, 2025
ideaForge Shares Drop 4% To Hit Fresh All-Time Low
- Shares of drone manufacturing startup ideaForge has dropped 4.3% to touch a new all-time low of INR 366.80 apiece on the BSE.
- The company's market capitalisation currently stands at INR 1,591.48 Cr.
- ideaForge shares have been on the downward trend for the past 11 trading sessions, losing more than 20% in value.
- The startup reported a consolidated net loss of INR 24.02 Cr in Q3 FY25.
Inc42 | 18 Feb, 2025
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Ideaforge Technology FAQs
When was Ideaforge Technology founded?
Ideaforge Technology was founded in 2007. The company has been operating for 18 years primarily in the Internet sector.
Where is the Ideaforge Technology headquarters located?
Ideaforge Technology is headquartered in Mumbai,Maharashtra.
How many employees does Ideaforge Technology have in India?
Ideaforge Technology currently has more than 100+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Ideaforge Technology based on the number of reviews submitted on AmbitionBox.
Does Ideaforge Technology have good work-life balance?
Ideaforge Technology has a Work-Life Balance Rating of 3.5 out of 5 based on 100+ employee reviews on AmbitionBox. 72% employees rated Ideaforge Technology 4 or above, while 28% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Ideaforge Technology work-life balance reviews for more details
Is Ideaforge Technology good for career growth?
Career growth at Ideaforge Technology is rated as moderate, with a promotions and appraisal rating of 3.2. 28% employees rated Ideaforge Technology 3 or below, while 72% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Ideaforge Technology promotions/appraisals reviews for more detailed insights.
What are the cons of working in Ideaforge Technology?
Working at Ideaforge Technology does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and job security, based on 100+ employee reviews on AmbitionBox.
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