Skye Air Mobility secures $9 million Series B funding to expand drone delivery across India. The round, led by IAN Alpha Fund with support from AVNM Ventures, Faad Capital, and Bajaj Capital, will accelerate operations into Bengaluru, Mumbai, Pune, Hyderabad, and Kolkata beyond its current Delhi-NCR base. India's drone logistics market is experiencing explosive growth, valued at $940.6 million in 2024 and projected to reach $3.23 billion by 2030 at a 21.51 percent compound annual growth rate. The delivery drone segment grows even faster, with India leading global markets at 50.4 percent CAGR, outpacing China, Japan, and the US. The company serves major customers including Blue Dart, Shiprocket, Flipkart, and Zepto. This capital infusion signals accelerating investment in autonomous logistics infrastructure across India's rapidly expanding e-commerce ecosystem.
