Skye Air Mobility secures $9M Series B funding for drone delivery expansion. The Indian logistics startup, backed by IAN Alpha Fund and other investors, plans to scale hyperlocal delivery operations across major cities including Bengaluru, Mumbai, and Hyderabad. India's drone market is projected to reach $3.23 billion by 2030, with the delivery segment growing at 50.4 percent CAGR, outpacing China, Japan, and the US. The funding will enhance Skye Air's AI capabilities, autonomous drone integration, and airspace management systems. The company already serves major clients like Flipkart, Blue Dart, and Tata 1MG, positioning itself as a key player in India's rapidly expanding drone logistics sector.
