On November 9, drone startup Skye Air Mobility closed a $1.7 million seed round led by Chiratae Ventures.
The round also saw participation from investors such as Lead Angels, O2 Angels, Agility Ventures, Lets Venture, and notable personalities such as Rajeev Chitrabhanu, Ankit Nagori, Varun Alagh, Gautam Badalia, Ayush Lohia, and more.
With this investment, Skye Air said it aims to speed up delivery, reduce carbon emissions, reduce costs and increase accessibility.
In recent months, Skye Air has undertaken several drone delivery projects. Back in August, it conducted a 60-70km remote drug delivery for Flipkart Health+ in Kolkata and surrounding areas.
In July, it partnered with Gurgaon-based Curefoods on a frozen food delivery trial. It also uses drones to transport essential medicines and critical laboratory samples from Kozhikode to Arekode in the Malapuram district of Kerala state. A similar project is underway in Bangalore.