Skye Air Mobility has raised USD 9 million in the first close of its Series B funding round to accelerate the expansion of its hyperlocal drone delivery network in India.
The round was led by IAN Alpha Fund and also saw participation from AVNM Ventures, Faad Capital and Bajaj Capital, along with other investors.
The funding has been structured in two parts—Series B1 worth USD 4 million and Series B2 worth USD 5 million aimed at supporting the company’s expansion and technology development.
Founded in 2019 by Ankit Kumar, the company provides a hyperlocal drone delivery platform designed to improve last-mile logistics through autonomous aerial systems.
Skye Air said it has completed over 3.6 million autonomous deliveries within just two years of commercial operations and eliminated more than 1,000 tonnes of carbon dioxide emissions through drone-based logistics. Its drones can carry payloads of up to 10 kilograms and are deployed across sectors including e-commerce, quick commerce, healthcare and industrial supply chains.
The company operates a proprietary hub-pod-walker architecture that integrates aerial drones with ground logistics systems to optimise last-mile delivery efficiency in urban environments.
Its enterprise client portfolio includes companies such as Blue Dart Express, Shiprocket, Flipkart, Tata 1mg and Zepto.
The funding comes as India’s drone ecosystem experiences rapid growth. The country’s drone market is estimated to grow from about USD 940 million in 2024 to nearly USD 3.23 billion by 2030, driven by increasing demand for automated logistics and aerial infrastructure.
With the new capital, Skye Air plans to expand operations beyond Delhi-NCR to cities including Bengaluru, Mumbai, Pune, Hyderabad and Kolkata over the next 18 months.
The company also plans to invest in strengthening its technology stack, including its AI-powered airspace management platform Skye UTM, and build infrastructure that integrates autonomous drones with intelligent ground logistics systems.
The post Skye Air Mobility Secures $9M Series B to Scale Drone Delivery and Logistics Network appeared first on The India Bizz Startup News Website.
The post Skye Air Mobility Secures $9M Series B to Scale Drone Delivery and Logistics Network appeared first on The India Bizz Startup News Website.
