Skye Air, a Gurugram, India-based SaaS provider of autonomous logistics solutions, has raised approximately $4 million in Series A funding.
Investors
The round saw participation from prominent investors including Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Windrose Capital, Tremis Capital, Faad Capital, Misfits Capital, Hyderabad Angels, and Soonicorn Ventures, among other existing investors.
Skye Air Use of Funds
The company will use the funding to expand its last-mile network across Gurugram and other cities, enhancing deliveries in healthcare, e-commerce, and quick-commerce sectors.
About Skye Air
Founded by Ankit Kumar and Chandra Prakash, Skye Air provides SaaS-based autonomous logistics solutions. The company focuses on last-mile logistics solutions across healthcare, e-commerce, quick-commerce, and food industries. Its mission is to enable faster, sustainable, cost-effective, and efficient deliveries across verticals, reducing cost and time for its clients.
Funding Details
Company: Skye Air Mobility Pvt. Ltd.
Raised: $4.0M
Round: Series A
Funding Month: June 2024
Investors: Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Windrose Capital, Tremis Capital, Faad Capital, Misfits Capital, Hyderabad Angels, Soonicorn Ventures
Company Website: https://www.skyeair.tech/
Software Category: Autonomous Logistics Solution
Source: https://bwdisrupt.com/article/skye-air-bags-4-mn-in-series-a-funding-round-523121