Airbound raises $37M for autonomous drone logistics

Bengaluru autonomous-drone startup Airbound raised $37 million in a Series A led by Greenoaks, taking total funding to nearly $50 million. India Today’s funding report says the company has completed more than 13,000 autonomous flights, including medical-sample deliveries for Narayana Health. For operators following physical AI’s move from pilots to logistics routes, the number to watch is repeatable route economics: fresh capital can buy aircraft, but not permission, payload density, or cost parity with trucks.