Skye Air, a trailblazer in drone-based logistics, has secured $4 million in a Series A funding round led by Mount Judi Ventures, with participation from Chiratae Ventures, Venture Catalyst, and others. Founded in 2019 by Ankit Kumar and Chandra Prakash, Skye Air provides autonomous delivery solutions across various industries, including healthcare, e-commerce, and agriculture. The funds will be utilized to expand their last-mile delivery network in Gurugram and other cities, further integrating drones into mainstream logistics to enhance delivery efficiency and significantly reduce time.
The Delhi-based startup also developed Skye UTM, an advanced unmanned traffic management system that ensures safe and efficient communication between drones and air traffic controls. Through closing this round in June 2024, Skye Air aims to scale its workforce, solidifying its position in the Indian drone industry. The company is at the forefront of transforming logistics with drone technology, leveraging supportive government policies and increasing demand for innovative logistics solutions.
For further details, please visit https://www.skyeair.tech/