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Ideaforge Technology
3.8
based on 115 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
3.8/5
based on 115 reviews
On-Par
with industry average
Critically rated for
Promotions, Salary
Work Policy
Work from office
75% employees reported
Monday to Friday
69% employees reported
Strict timing
54% 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 115 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
50
4
33
3
15
2
4
1
13
Category Ratings
3.7
Company culture
3.6
Work-life balance
3.5
Skill development
3.5
Work satisfaction
3.4
Job security
3.3
Salary
3.2
Promotions
Ideaforge Technology is rated 3.8 out of 5 stars on AmbitionBox, based on 115 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 110 reviews
3.5
Rated by 25 Women
Rated 3.7 for Company culture and 3.5 for Job security
3.8
Rated by 85 Men
Rated 3.7 for Work-life balance and 3.7 for Company culture
Work Policy at Ideaforge Technology
based on 27 reviews in last 6 months
Work from office
75%
Hybrid
18%
Permanent work from home
7%
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 | 3.8/5 based on 115 reviews | 5.0/5 based on 4 reviews | 3.6/5 based on 85 reviews | 3.0/5 based on 2 reviews |
Highly Rated for | No highly rated category | Work-life balance Job security Company culture | Work-life balance | No highly rated category |
Critically Rated for | Promotions Salary | No critically rated category | Job security Promotions Skill development | Promotions Skill development Salary |
Primary Work Policy | Work from office 75% employees reported | - | Work from office 66% employees reported | - |
Rating by Women Employees | 3.5 Good rated by 25 women | 5.0 Excellent rated by 1 women | 3.2 Average rated by 11 women | - no rating available |
Rating by Men Employees | 3.8 Good rated by 85 men | 4.9 Excellent rated by 3 men | 3.7 Good rated by 70 men | - no rating available |
Job security | 3.4 Average | 4.9 Excellent | 2.9 Poor | 1.7 Bad |
View more
Ideaforge Technology Salaries
Ideaforge Technology salaries have received with an average score of 3.3 out of 5 by 115 employees.
Quality Engineer
(27 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
Software Engineer
(15 salaries)
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₹6.8 L/yr - ₹19.6 L/yr
Senior Engineer
(11 salaries)
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₹5.1 L/yr - ₹20 L/yr
Deputy Manager
(9 salaries)
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₹10.5 L/yr - ₹16.5 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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Current Openings
Ideaforge Technology News
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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
Burning billions in the 10-min delivery game; Plans for faster drone adoption
- OpenAI rejects Elon Musk's bid to block conversion to for-profit model, Musk willing to drop bid if charity mission preserved.
- Musk's xAI set to release Grok 3 chatbot amid feud with Sam Altman in the AI arms race.
- Alibaba to power Apple's iPhone in China with AI technology as the competition heats up.
- Quick commerce growth strategy of Zomato and Swiggy leads to huge spending and investor concerns.
- Investors worried about lackluster growth and billions wiped off market cap for Zomato and Swiggy.
- Drone technology evolving for surveillance, delivery, governance, and security applications according to ideaForge CEO.
- Flight Cloud platform by ideaForge aims at seamless data processing and analytics for drones.
- Agara Lake in Bengaluru becomes a networking hub for community-building over morning walks and conversations.
- Reddit shares fall after missing fourth-quarter expectations, Honda and Nissan merger talks collapse.
- Coinbase plans re-entry to India, engaging with authorities for regulatory compliance.
Yourstory | 14 Feb, 2025
ideaForge anticipates rising demand from civil drones market
- ideaForge anticipates rising demand from civil drones market.
- Greater tilt towards the civil segment with potential of drones as a service.
- ideaForge developing future-proof UAVs with extended flight endurance and VTOL capabilities.
- Focus on scaling the industry and enhancing effectiveness over cost-efficiency.
HinduBusinessLine | 10 Feb, 2025
Will Union Budget 2025 Lift Off India’s Space Mission?
- India's space industry is gaining momentum and the upcoming Union Budget is set to bolster it. India's space economy was valued at $8.4 billion and was 2% of the global space market last year. India aims to grow its space economy to $44 billion by 2033, including $11 billion in exports, to attain a 7-8% global share. Startups in space technology stand to benefit from the $1,000 crore space economy VC fund and R&D fund India's finance minister announced in the previous budget. The Cabinet approved the Gaganyaan follow-on mission along with other space missions.
- The Indian Space Research Organisation successfully completed its SpaDeX mission, making India the fourth country to achieve space docking alongside the United States, Russia, and China. The mission saw experiments from numerous Indian space startups. Noteworthy among these companies are Bellatrix Aerospace Pvt Ltd, Pixxel and Skyroot Aerospace, which focus on space-based data analytics, earth observation applications, and launch vehicle development. India's space policy allows private companies to hire talent from across the globe, unlike restrictive policies in some other countries, according to Ronak Kumar Samantray, founder of TakeMe2Space.
- Rohan M Ganapathy, CEO and CTO of Bellatrix Aerospace, and Ankit Anand, founding partner at Riceberg Ventures, emphasise the need for government contracts. Victor Rodrigues, co-founder and executive director of the upcoming Lisbon Space Academy, opined that the collaboration between India and Portugal would be mutually beneficial in space technology development. Mughilan Thiru Ramasamy, co-founder and CEO at Skylark Drones, predicts increased budget allocations towards the drone program and emphasises the need for adopting drones in infrastructure and agriculture beyond just incentives.
- Ankit Mehta, CEO of ideaForge Technology Limited, is optimistic about the potential launch of a Production-Linked Incentive Scheme 2.0 for drones and emphasises the need for a dedicated R&D fund to drive innovation, product development, and exports. The 2025 Union Budget has the potential to solidify India's position as a global leader in drone technology, drive growth, create high-value jobs, and ensure technological sovereignty, he added.
Analyticsindiamag | 31 Jan, 2025
ideaForge Shares Near Lower Circuit, Set Fresh 52-Week Mark
- Shares of ideaForge slumped as much as 19.09% to record its fresh 52-week low figure of INR 390.20 during the intraday trading session on the BSE today (January 29), following weak financial results for the third quarter of fiscal year 2024-25 (Q3 FY25).
- The stock neared its lower circuit limit which was set at INR 385.85, 20% below the previous close.
- However, the stock shed some losses and was trading 7.01% lower at INR 452.80 at 10:35 PM.
- ideaForge‘s bottom line slipped into the red in Q3 FY25, reporting a consolidated net loss of INR 24.02 Cr against a net profit of INR 14.80 Cr.
Inc42 | 29 Jan, 2025
ideForge Shares Near Lower Circuit, Set Fresh 52-Week Mark
- Shares of ideaForge slumped as much as 19.09% to record its fresh 52-week figure of INR 390.20.
- The stock neared its lower circuit limit which was set at INR 385.85, 20% below the previous close.
- The stock shed some losses and was trading 7.01% lower at INR 452.80 at 10:35 PM.
- ideaForge reported a consolidated net loss of INR 24.02 Cr in Q3 FY25, compared to a net profit of INR 14.80 Cr in the previous quarter.
Inc42 | 29 Jan, 2025
ideaForge Shares Tumble 7% To Hit A New All-Time Low Ahead Of Q3 Results
- Shares of ideaForge hit a new all-time low, tumbling over 7% to INR 470.95 on the BSE.
- The stock recovered slightly and was trading at INR 484.60 at 12:01 PM.
- ideaForge, a drone manufacturing company, is set to announce its Q3 results.
- The company reported a net loss of INR 13.7 Cr in the previous quarter.
Inc42 | 28 Jan, 2025
ideaForge Shares Hit All-Time Low Ahead Of Q3 Results
- Shares of drone manufacturing company ideaForge hit an all-time low of INR 508.05 on January 27.
- The stock was trading at INR 511.90, 5.48% lower than the previous closing price.
- ideaForge reported a net loss of INR 13.7 Cr in Q2 FY25 compared to a net profit in the previous year.
- Operating revenue rose by 56.52% to INR 37.1 Cr in the quarter under review.
Inc42 | 27 Jan, 2025
ideaForge Allots INR 49.3 Lakh Worth Of Equity Shares
- Drone manufacturing startup ideaForge has approved the allotment of 8,198 equity shares under its existing employee stock option plan (ESOP).
- The newly allotted equity shares are worth INR 49.3 Lakh based on the stock's closing price on January 9.
- Shares of ideaForge fell as low as 3.4% to INR 581 apiece during intraday trading and were trading 2.5% lower at INR 586.2.
- The Mumbai-based company specializes in making unmanned aerial vehicle (UAV) systems for various sectors.
Inc42 | 10 Jan, 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 3.6 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 and salary & benefits, based on 100+ employee reviews on AmbitionBox.
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