Overview
- Skye Air secured $9 million in Series B financing led by IAN Alpha Fund with participation from AVNM Ventures, Faad Capital, Bajaj Capital and others.
- The round is split into two tranches: $4 million in Series B1 expected to close this month and $5 million in Series B2 targeted over the next three to four months.
- Capital will deepen the company’s Physical AI stack that links autonomous drones with Skye UTM airspace management and AI-powered ground robotics.
- Expansion plans extend operations beyond Delhi-NCR to Bengaluru, Mumbai, Pune, Hyderabad and Kolkata, alongside NCR cities including Noida, Greater Noida and Faridabad.
- The company reports a fleet of 33 drones and 60 sky pods in Gurugram and serves enterprise clients such as Blue Dart Express, Flipkart, Shiprocket, Tata 1MG and Zepto while operating a B2B2C hub-pod-walker model.