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Ideaforge Technology
3.7
based on 117 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 117 reviews
On-Par with
industry average
Critically rated for
Promotions, Job security
Work Policy
Work from office
79% 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 117 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
50
4
34
3
15
2
4
1
14
Category Ratings
3.6
Company culture
3.5
Work-life balance
3.5
Work satisfaction
3.4
Salary
3.4
Skill development
3.3
Job security
3.2
Promotions
Ideaforge Technology is rated 3.7 out of 5 stars on AmbitionBox, based on 117 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 112 reviews
3.5
Rated by 25 Women
Rated 3.7 for Company culture and 3.5 for Job security
3.8
Rated by 87 Men
Rated 3.6 for Work-life balance and 3.6 for Company culture
Work Policy at Ideaforge Technology
based on 28 reviews in last 6 months
Work from office
79%
Hybrid
18%
Permanent work from home
3%
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 117 reviews | 5.0/5 based on 4 reviews | 3.6/5 based on 87 reviews | 3.0/5 based on 2 reviews |
Highly Rated for | No highly rated category | Work-life balance Job security Company culture | No highly rated category | No highly rated category |
Critically Rated for | Promotions Job security | No critically rated category | Promotions Job security Skill development | Promotions Skill development Salary |
Primary Work Policy | Work from office 79% employees reported | - | Work from office 62% 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 87 men | 4.9 Excellent rated by 3 men | 3.7 Good rated by 72 men | - no rating available |
Job security | 3.3 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 3.4 out of 5 by 117 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
Senior Engineer
(13 salaries)
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₹5.1 L/yr - ₹20 L/yr
Software Engineer
(13 salaries)
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₹5.7 L/yr - ₹19.6 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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Ideaforge Technology News
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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
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
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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 and job security, based on 100+ employee reviews on AmbitionBox.
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