Private Equity

PE Fund Investments

Drone delivery startup Skye Air Mobility to raise seed funding

Business Line  

Drone delivery logistics firm Skye Air Mobility plans to ramp up its fleet to 120 from four over the next 12-15 months, as it looks at tapping growth opportunities in healthcare and diagnostics, e-commerce, hyperlocal and agri-commodity deliveries. It is looking at an investment of around INR 15 crore in the segment, for which it plans a seed round of funding.