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Skye Air Mobility raised $9M to expand its drone delivery network in India.
Skye Air Mobility, an Indian drone logistics company, has raised $9 million in a Series B funding round led by IAN Alpha Fund, with participation from AVNM Ventures, Faad Capital, and Bajaj Capital.
The funds will expand its hyperlocal drone delivery network beyond Delhi-NCR into cities including Bengaluru, Mumbai, Pune, Hyderabad, and Kolkata.
The company aims to enhance its AI-powered delivery ecosystem, including autonomous drones, airspace management, and ground robotics.
India’s drone market is projected to grow from $940.6 million in 2024 to $3.23 billion by 2030, with delivery drones expanding at a 50.4% CAGR, outpacing major global markets.
Skye serves major clients like Flipkart, Blue Dart Express, Zepto, and Tata 1MG.
Skye Air Mobility recaudó $9M para expandir su red de entrega de drones en la India.