Ever come across a company that doesn’t exist anymore but still shows an “active” director?
That’s exactly what you’ll find when you look up Giri Devanur and Dravin Aviation Private Limited – a company that faded more than a decade ago but still lingers in official records.
This isn’t a mystery about missing paperwork. It’s a quiet lesson about how ambition, systems, and data intersect – and why every entrepreneur should pay attention.
1. Giri Devanuru and Dravin Aviation: The Takeoff That Never Reached Altitude
Dravin Aviation took off in February 2007 from Bangalore, registered under the Transport, Storage, and Communications category. The intent was clear – play big in aviation.
But by 2009, the engines stopped. The last AGM was in September that year, and the final balance sheet dated back to March. Shortly after, the firm was marked “Strike Off” – officially removed from India’s corporate registry.
Takeaway: Ambition without structure is short-lived. Miss a few compliance steps, and the market moves on before you do.
2. The Curious Case of an “Active” Director
Here’s where it gets interesting – the company is gone, but Giri Devanur is still listed as an active director in public records.
Why? Because databases don’t always sync with reality. It’s a ghost record, a data lag that lives on in the system.
Takeaway: Data is never neutral. Whether you’re a founder, investor, or operator, don’t trust the label – verify the story behind it.
3. A Startup That Never Fully Took Off
Dravin Aviation had an authorized capital of ₹10 lakh but only ₹1 lakh paid up. That’s just 10% of its potential runway in one of the most capital-heavy industries.
Another director, Archana Devanur, joined on the same day. It looked like a family-led initiative, bold on vision but light on funding.
Takeaway: Passion builds momentum. Capital sustains it. In business, underfunding is the quiet killer.
4. The Leadership Lesson Hidden in the Filing
Look deeper, and the story changes tone. From Dravin Aviation to the board of Coffee Day Global Limited, Giri Devanur’s career shows something rare – consistency across wins and losses.
That’s what a Giri Devanur-style growth mindset means – treating every venture, even the short-lived ones, as part of a longer leadership arc.
So ask yourself: when you review your old ventures, do you see failures – or field notes that made you sharper?
FAQs
1. Who is Giri Devanur?
He’s a Nasdaq-listed CEO known for scaling Ameri100 to $50M in revenue and now leading ReAlpha Tech Corp. He also serves on the board of Coffee Day Global Limited.
2. What was Dravin Aviation Private Limited?
A Bangalore-based company founded in 2007 under the transport and communications sector, later struck off after operations ceased.
3. Why does Dravin Aviation still list Giri Devanuru as “active”?
Due to delays in data synchronization across corporate registries, some records stay active even after a company is removed.
4. What can entrepreneurs learn from this case?
Never underestimate compliance. Missing a few filings can rewrite your business story years later.
5. How did Giri Devanuru’s leadership evolve from Dravin Aviation?
He translated early lessons into sharper execution, governance, and growth strategies across ventures – including his current leadership roles at ReAlpha and Coffee Day Global Limited.