Drone delivery logistics startup Skye Air has raised $4 million in a funding round led by Mount Judi Ventures.
Chiratae Ventures, Venture Catalyst, Windrose Capital, and Tremis Capital also participated in the series A funding round.
The fund will be used to expand Skye Air’s last mile network in Gurugram and other cities to provide healthcare, e-commerce, and quick-commerce deliveries.
“We are excited to embark on a growth journey along with our existing and new partners who believe in our vision. This is a testament to our amazing team and the relentless hard work they put in every day to create real change in making last-mile logistics faster and more efficient,” Ankit Kumar, founder and chief executive officer of Skye Air, said.
Founded in 2019 by Kumar and Chandra Prakash, the software as a service (SaaS) based company makes sustainable last mile logistics solutions using drones across healthcare, e-commerce, quick-commerce, and food industries
The startup last secured $1.7 million in November 2022 in a funding round led by Chirate Ventures.
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