BonV Aero fundingImage Credit: BonV Aero

BonV Aero, an aerial logistics drone startup, has raised Rs 6 crore (approximately $722K) led by Inflection Point Ventures (IPV) in recent funding.

The investment will be used in team expansion, client demonstration, and internal research and development focused on product enhancement, researching propulsion systems, and advancing power plants.

Incubated at AIC CV Raman Global University in Odisha, BonV Aero is India’s first of the initial players to make logistics aerial vehicles. These aerial drones are specially designed for challenging high-altitude terrains like the Himalayas and are focused on fulfilling needs in medical services, defense logistics, disaster relief, and commercial logistics. These logistics aerial vehicles are capable of carrying up to 50 kg of payload with a range of 20 km and an altitude of up to 14000 ft.

The company’s co-founder and CEO is Satyabrata Satapathy, and it is headquartered in Bengaluru, Karnataka, India.

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