Skye Air Mobility Got USD 9 Million Funding to Scale Hyperlocal Drone Delivery Network
Skye Air Mobility has raised USD 9 million in a Series B funding round led by IAN Alpha Fund. There was also participation from AVNM Ventures, Faad Capital, Bajaj Capital etc. The funding will be used by the company to expand its hyperlocal drone delivery network and strengthen its autonomous logistics infrastructure as it looks to scale operations across major cities. India’s last-mile logistics market reached USD 6.5 billion and is projected to grow to USD 24 billion by 2033, according to a market report. With mounting demand for faster and more effective deliveries, drone-enabled logistics is a promising solution. Skye Air Mobility is building a drone-based delivery network integrating autonomous drones with airspace management systems and ground-based logistics infrastructure. The company has completed over 3.6 million autonomous deliveries in just over 2 years, while eliminating more than 1,000 tonnes of CO2 emissions. Its drones can carry payloads of up to 10 kg, allowing use cases ranging from e-commerce and pharma deliveries to industrial supply chains. The CEO of Skye Air Mobility said that the capital will be used to deepen the physical AI stack and connect autonomous drones, intelligent airspace management through Skye UTM, and AI-powered ground robotics into a single, seamless delivery chain. A key component of Skye Air’s system is its network-driven delivery architecture, which integrates drones with ground logistics through a hub-pod-walker model designed for dense urban environments. The company also operates Skye UTM, an AI-powered aerial traffic management platform allowing coordinated drone operations across urban airspace. The company currently works with enterprise customers, including Blue Dart Express, Shiprocket, Flipkart, Tata 1MG, Zepto and Frido, across e-commerce, healthcare and supply chain logistics. With the new funding, Skye Air plans to expand beyond Delhi-NCR into Bengaluru, Mumbai, Pune, Hyderabad, and Kolkata, while further strengthening its drone operations and autonomous logistics technology. Source: Business Line