Drone delivery technology company Skye Air Mobility raised $1.7 million in Seed led by Chiratae Ventures where Lead Angels, O2 Angels, Agility Ventures, Lets Venture, and several marquee investors, including Rajeev Chitrabhanu, Ankit Nagori, Varun Alagh, Gautam Badalia, Ayush Lohia, and others also others.
The startup will use the funding to concentrate on increasing efficiency across various industries by enabling faster deliveries, a decrease in carbon emissions, lower costs, and increased accessibility to places that are difficult to get to by road or have no connectivity at all. Currently operating in eight cities across the nation, Skye Air Mobility intends to reach 16 cities in the upcoming twelve months.
