Airbound: India's Drone Startup Aims for 1 Cent Delivery
Update: 2025-10-14
Description
Could drone delivery cost just a penny? Indian startup Airbound, founded by a then-fifteen-year-old, just raised $8.5M to make it happen with their revolutionary, ultra-light aircraft. Using a rocket-plane hybrid design, Airbound aims to disrupt medical and quick commerce deliveries, starting with a pilot program at a Bengaluru hospital. With backing from Tesla and SpaceX execs, they're targeting a million deliveries a day and eyeing expansion to the US.
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