Airbound
Latest, : Airbound raises $37m to build Andhra Pradesh drone-delivery network
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 5 stories, the newest dated 31 Aug 2026. Summary written 3 Oct 2026.
Airbound is a Bengaluru-based drone startup that builds autonomous aircraft and runs drone deliveries. [1] source: Business Standard[2] source: Inc42
Show 3 more paragraphs and 5 sources
It targets retail, e-commerce and healthcare deliveries. [1] source: Business Standard Its TRT drone weighs 2.5 kg, carries a 1 kg payload and has a 40 km range. [2] source: Inc42 Airbound has completed more than 1,000 autonomous flights. [1] source: Business Standard[2] source: Inc42
In August 2026 Airbound raised a $37 million Series A (about ₹355 crore), and it has raised nearly $50 million since 2023. [1] source: Business Standard[2] source: Inc42 Inc42 reported that $8.65 million of that was raised in October 2025. [2] source: Inc42 The money is meant to scale autonomous aircraft manufacturing and commercial deployment, including a three-city drone-delivery network in Andhra Pradesh. [1] source: Business Standard Inc42 listed the round among the Indian startup raises of the week. [3] source: Inc42
In June 2026 Airbound signed an MoU with Andhra Pradesh Drone Corporation to build a drone delivery network across Amaravati, Vijayawada and Guntur. [4] source: Business Standard[5] source: The Hindu BusinessLine Business Line reported that the network would start in Guntur. [5] source: The Hindu BusinessLine The target is 10,000 daily flights, at 10 paise per km. [4] source: Business Standard Inc42 reported a current delivery cost of ₹24 against a target of below ₹5. [2] source: Inc42 Business Standard linked 1,000 flights to Narayana Health. [4] source: Business Standard
Sources
Questions about Airbound
What are Airbound's expansion plans?
Airbound plans a drone-delivery network across Amaravati, Vijayawada and Guntur in Andhra Pradesh, starting in Guntur. It signed an MoU with Andhra Pradesh Drone Corporation in June 2026 and raised $37 million in August 2026 to build it. [1] source: Business Standard[4] source: Business Standard[5] source: The Hindu BusinessLine
What is Airbound's current strategy in India?
In June 2026 Airbound signed an MoU with Andhra Pradesh Drone Corporation for a network across Amaravati, Vijayawada and Guntur. In August 2026 it raised a $37 million Series A to scale aircraft manufacturing and deployment, targeting 10,000 daily flights. [1] source: Business Standard[4] source: Business Standard