Dreamfly Innovations, an energy-tech firm based in Bengaluru, has obtained Rs 3 crore in non-dilutive venture debt from SIDBI.

As the business grows, the proceeds will be utilized to fund working capital and increase manufacturing capacity.

Key Highlights

• Dreamfly Innovations secured ₹3 crore in debt funding from SIDBI to support business expansion.
• The funding strengthens MSME-focused financing and supports scalable growth within India’s startup ecosystem.

Backed by Avaana Capital, Dreamfly Innovations creates and manufactures sophisticated smart battery systems for drones, aviation, and aerospace applications. The company specializes in lithium solid-state and graphene-based batteries, which are designed to provide greater thermal performance, increased energy density, and enhanced safety.

To guarantee dependability in high-stress operating settings, its products include advanced battery management systems (BMS) and a patented thermal-case architecture.

Dreamfly operates on a B2B manufacturing strategy, delivering customized battery packs and power solutions to OEMs and business customers in unmanned aerial systems, defense-related programs, and developing aerospace use cases.

Also Read: Agrani Labs Secures $8 Mn Funding Led by Peak XV

Long-term supply contracts, co-development engagements, and recurring orders as clients scale deployments all generate revenue for the company.

As the demand for high-performance energy storage develops in drones and advanced mobility, Dreamfly is establishing itself as a domestic supplier of mission-critical battery solutions designed for precision and safety.