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Pradeep Palelli
Founder at Thanos Technologies Private Limited
Pradeep Palelli is the Co-Founder and CEO of Thanos Technologies Private Limited, a company specializing in drone technology and aerial solutions.12 Here's an overview of his background and the company he leads:
Professional Experience
Pradeep Palelli brings 11 years of professional experience to his role, including 8 years of running startups.2 Before founding Thanos Technologies, he held positions at companies such as Efficient Carbon and Zolt Energy, where he handled operations, services, and sales in various capacities.2
Education
- Fellow (Entrepreneurship): 2011 - 2012
- B.E. (Electronics and Instrumentation): 2004 - 2008
- Intermediate (Mathematics, Physics and Chemistry): 2002 - 20043
Thanos Technologies
Founded in 2016, Thanos Technologies aims to revolutionize sectors such as agriculture, surveillance, and delivery through innovative drone solutions.2 The company name "Thanos" comes from Greek, meaning "everlasting impact," which reflects their intention to make a lasting change in the agriculture sector.1
Key Achievements
- Showcased their first prototype at WISAC in 2017, attracting interest from major agricultural players like Syngenta and Bayer.1
- Conducted R&D trials and paid pilot projects in various regions, improving their drone technology.1
- Sold over 300 drones across seven states, mainly in Southern India.1
- Secured a significant order from IFCO for 400 drones.1
- Achieved a revenue of 200 million rupees in the previous year.1
Company Growth
Thanos Technologies has grown from a two-person team to a 40-member organization, including six dedicated to R&D.1 They recently upgraded to a larger production facility on the outskirts of Hyderabad, capable of producing 3000 drones annually.1
Funding and Future Plans
While initially bootstrapped, the company recently secured a friends and family funding round and is now pursuing institutional investment.1 Pradeep aims to finalize this within the next three quarters to support the company's growth and expansion plans.
Pradeep Palelli's leadership and vision have positioned Thanos Technologies as a pioneer in the Indian drone industry, particularly in the agricultural sector, with a focus on innovation and addressing real-world challenges through aerial technology solutions.
