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India’s Airbound raises $37 million to make drone deliveries as cheap as trucking
Indian drone startup Airbound secured significant funding for ambitious delivery cost goals. The company designs lighter drones that carry more than their own weight. Airbound has completed over thirteen thousand autonomous flights in India. They plan a three-city drone network in Andhra Pradesh connecting major urban centers. Regulation remains a key challenge for scaling beyond visual line of sight operations.
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asiabusinessoutlook.com
Airbound Raises $37M to Expand Low-Cost Drone Delivery in India
Airbound raises $37 million in Series A funding to scale autonomous drone delivery across India, with plans for healthcare, retail and e-commerce networks.
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techcrunch.com
India's Airbound bags $37M to take on trucks with rocket-like drones | TechCrunch
Airbound's ultra-lightweight approach to drone delivery has attracted backing from Greenoaks, DoorDash, and Silicon Valley investor Lachy Groom.
