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India's first electric air taxi takes wings, preps for a 2028 launch

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Ghosh owns 0.56% in ePlane Company, while Chakravarthy owns 30%, according to the privately held company’s shareholding pattern at the end of March 2025, filed with the corporate affairs ministry. Speciale Invest, a Bengaluru-based venture capital firm, is the second-largest shareholder, with a nearly 14% stake. Infosys Ltd co-founder S.D. Shibulal’s son, Shreyas Shibulal, owns 4.65%, and IITM Incubation Cell owns 2.54%. More than five dozen wealthy investors and a few funds own the remaining shares.

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