Founded in 2019, Skye Air Mobility develops and operates a hyperlocal drone delivery network that combines aerial drones capable of carrying up to 10 kg with a proprietary traffic management system called Skye UTM and an AI-enabled hub-pod-walker ground logistics layer. The company’s ‘Physical AI stack’ links autonomous drones, airspace management and ground robotics into a single delivery chain designed for India’s dense urban environments. Over a little more than two years of commercial operations, Skye Air has completed 3.6 million autonomous deliveries for e-commerce, healthcare and industrial clients. Management positions the platform as a way to shorten last-mile delivery times while preserving jobs through its hybrid ground-and-air approach. With fresh capital, Skye Air plans to scale from its Delhi-NCR base to Bengaluru, Mumbai, Pune, Hyderabad and Kolkata within the next 18 months. The expansion will focus on deepening its Physical AI stack and building additional delivery infrastructure to capture a share of India’s $5.5 billion—and rapidly growing—last-mile logistics market.

Total raised

$15M

Funding rounds

4

Latest round

Series B

Latest activity

Mar 2026