Angel Investments
TSAW Drones raises funding from Chandigarh Angel Network, Qubit Capital
Delhi-based TSAW Drones, a drone logistics service provider, has raised funding from Chandigarh Angel Network, Qubit Capital and POD World. The company, founded by Kishan Tiwari, plans to build a network of drone corridors across the country, which will act as an alternate mode of transportation for cargo movements. It is working with Zypp Electric to enable end-to-end last-mile deliveries anywhere within a city in 20 minutes. Incubated at Foundation for Innovation and Technology Transfer (FITT), IIT Delhi, the startup has completed successful trials in Kolkata, Orissa, Indore, Mumbai, Gurgaon, Madhurai, Hyderabad and Coimbatore with clients.
From the Venture Intelligence Angel Investments Database: In May 22, TSAW raised USD 325,000 in a seed round led by We Founder Circle. Investors including Kartik Hajela (Founder Log9 materials), Soonicorn Ventures, early-stage startup accelerator Pedal Start and Zypp Electric
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