India’s Airbound bags $37M to take on trucks with rocket-like drones

Airbound, an Indian logistics company, secured $37 million in funding led by Greenoaks Capital, with participation from DoorDash and investor Lachy Groom. The company develops drones for delivery services intended to compete with truck-based logistics. Airbound's funding round reflects investor interest in drone delivery technology for last-mile logistics operations.

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