business ๐ Lockdown drone idea becomes $37M startup
A 15-year-old boy turned a lockdown drone project into the startup Airbound. This Bengaluru-based company, founded by Naman Pushp, secured $37 million in a Series A round led by Greenoaks. The company has completed over 13,000 autonomous flights across Bengaluru and Guntur. Airbound aims to achieve cost parity with trucking through efficient drone delivery logistics. Next, the company plans to expand manufacturing and connect cities in Andhra Pradesh. ๐