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Airbound raises $37 mn; DoorDash makes India investment debut
BENGALURU: Airbound has raised $37 million led by investment firm Greenoaks to expand manufacturing and build a three-city drone delivery network in Andhra Pradesh. The round also saw participation from US food-delivery company DoorDash, angel investor Lachy Groom, venture capital firm Lightspeed and early-stage investor Humba Ventures.
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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.
