VC Fund Investments
Drone services player Skye Air attracts $1.7 M led by Chiratae Ventures
Gurugram-based drone startup Skye Air has raised around USD 1.7 million in a seed funding round led by Chiratae Ventures. Lead Angels, O2 Angels, Agility Ventures, LetsVenture and angel investors Rajeev Chitrabhanu, Ankit Nagori, Varun Alagh, Gautam Badalia and Ayush Lohia, also participated in the round. Founded in 2018 by Swapnik Jakkampudi, Skype Air offers drone delivery services to healthcare, e-commerce, quick-commerce and agri-commodity segments. It claims to have carried out 2,200 beyond visual line of sight (BVLOS) drone deliveries of more than 720,000 packages so far. Skye's clients include Flipkart, Dunzo, Swiggy, Redcliffe Labs, Aster Healthcare, Blue Dart and Curefoods. The firm operates in 8 cities and aims to expand to 16 more cities in the next 24 months. The new funds will be used to expand its services and collaborate with other entities, as well as to grow the customer base.
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