Drone logistics provider Skye Air secures $4m Series A funding for expansion in India.

Drone logistics provider Skye Air secures $4m Series A funding, led by Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Windrose Capital, and Tremis Capital. Funds will be used to expand in Gurugram and other cities for healthcare and quick-commerce deliveries. Skye Air's CEO envisions India becoming a global drone hub by 2030, and the company has created Skye UTM, an advanced Unmanned Traffic Management system.