Airbound raises $37M to scale drone deliveries across Andhra Pradesh
Bengaluru-based Airbound will use its Series A funding to expand R&D and build a commercial drone network linking three Andhra Pradesh cities, targeting 10,000 daily retail, e-commerce and healthcare deliveries.
What happened
Bengaluru-based Airbound raised $37 million in Series A funding to expand R&D and drone-delivery operations. It plans a commercial Andhra Pradesh network
Key facts
- $37 million Series A
- nearly $50 million total funding
- launched in 2023
- more than 1,000 autonomous flights
- zero mission failures
- three cities
- 10,000 daily flights
- ₹15 crore
Why this matters
Retail, e-commerce and logistics companies should monitor Airbound as a potential partnership or acquisition target for building drone-enabled delivery capacity across high-density regional corridors.