Skye Air Mobility, India's leading drone delivery technology company, has announced the successful completion of its USD 1.7 million Seed Round, which was organized by Chiratae Ventures, Lead Angels, O2 Angels, Agility Ventures, Lets Venture, and a number of notable investors, including Rajeev Chitrabhanu, Ankit Nagori, Varun Alagh, Gautam Badalia, Ayush Lohia, and others, also participated in the round.
The investment will be used to bring greater efficiency to different verticals by allowing faster deliveries, reduction in carbon emission, reduced cost, and increased accessibility to locations that are difficult to reach by road or where there is no connectivity at all. Businesses across various industries have begun to see the benefits of incorporating drones into their operations, such as cost savings, time savings, and technological breakthroughs.READ MORE...www.stattimes.com
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