When was Airbound founded?

Airbound was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Airbound located?

Airbound is headquartered in Bengaluru, India. It is registered at C/o Jayamma, #1, Canara Bank Colony, Opp. Shanthi Sagar Hotel, S. Pura, Bangalore, Bangalore, Karnataka, India, 560061.

Who is the current CEO of Airbound?

Naman Pushp of Airbound. They have also founded 1 company.

Which legal entities is Airbound associated with?

Airbound is associated with AIRBOUND AEROSPACE PRIVATE LIMITED.

How many employees does Airbound have?

As of Apr 30, 2026, the latest employee count at Airbound is 74.

Is Airbound a funded company?

Airbound is a funded company, having raised a total of $10.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2021.

How much is Airbound worth?

The latest valuation of Airbound is ₹***** as of Jul 04, 2022.

When was the latest funding round of Airbound?

Airbound's latest funding was a $***** Seed round on Oct 14, 2025, with participation from 3 investors.

Where does Airbound rank among its competitors?

Airbound ranks 6th amongst 78 active competitors, of which 24 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Dronamics, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Airbound?

Airbound's top competitors include DJI, BonV Aero and Elroy Air. Among them, Dronamics secured the most recent funding round in April, 2026.

Airbound - 2026 Company Profile, Team, Funding, Competitors & Financials

Airbound is a seed company based in Bengaluru (India), founded in 2020 by Muzavar Faraaz Baig, Naman Pushp and Yashi Pushp. It operates as a Manufacturer of autonomous delivery drones for transporting small cargo items. Airbound has raised $10.4M in funding from investors like Lightspeed Venture Partners, gradCapital and IIMA Ventures, with a current valuation of ₹*****. The company has 78 active competitors, including 24 funded and 1 that has exited. Its top competitors include companies like DJI, BonV Aero and Elroy Air.

Company Details

Manufacturer of autonomous delivery drones for transporting small cargo items. These aircraft utilize blended wing body designs to achieve vertical takeoff and landing capabilities without requiring ground infrastructure. The systems incorporate onboard navigation technology to manage flight paths and environmental conditions during transit. The hardware is constructed from composite materials to maintain structural integrity while supporting payload requirements for automated logistics operations.

Website: www.airbound.com/
Social
Email ID: *****@airbound.co
Registered Address: C/o Jayamma, #1, Canara Bank Colony, Opp. Shanthi Sagar Hotel, S. Pura, Bangalore, Bangalore, Karnataka, India, 560061

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Seed

Total Funding

$10.4M in 7 rounds

Latest Funding Round

Seed, Oct 14, 2025, $*****

Post Money Valuation

₹***** as on Jul 04, 2022

Investors

Lightspeed Venture Partners & 9 more

Ranked

6^th among 78 active competitors

Employee Count

74 as on Apr 30, 2026

Similar Companies

Elroy Air & 69 more

View Airbound's full profile

Airbound is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AIRBOUND AEROSPACE PRIVATE LIMITED CIN: U62100KA2021PTC152640 , India, Active	Oct 01, 2021	-	-

Airbound has raised a total funding of $10.4M over 7 rounds. Its first funding round was on 2021. Its latest funding round was a Seed round on Oct 14, 2025 for $*****. 3 investors participated in its latest round. Airbound has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Airbound:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 14, 2025	1399428	Seed	1680422	5019080	7716106	6472463
Nov 14, 2024	3365042	Seed	4080070	8181568	9280465	gradCapital
Jul 04, 2022	4550303	Angel	5078001	6980178	4066917	1601131

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View details of Airbound's funding rounds and investors

The founders of Airbound are Muzavar Faraaz Baig, Naman Pushp and Yashi Pushp. Naman Pushp is the CEO of Airbound.

Here are the details of Airbound's key team members:

Muzavar Faraaz Baig: Former Co-Founder of Airbound and founder of 2 other companies, Airbound and ONEGIG. They serve on the board of 1 company.
Contact Info: 1 email address
Naman Pushp: Co-Founder & CEO of Airbound.
Contact Info: 1 email address
Yashi Pushp: Co-Founder of Airbound.

Airbound's Board of Directors

Airbound's board has 1 active member. Muzavar Faraaz Baig is part of team.

Here is the list of Airbound's board of directors:

Name	Type	Representing	Status	Duration
Muzavar Faraaz Baig	Team	-	Current	4y 7m
hqzgteq	Team	-	Past	4y 2m

View details of Airbound's Founder profiles and Board Members

Airbound's employee count trend

Airbound has 74 employees as of Apr 26. Here is Airbound's employee count trend over the years:

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Top competitors of Airbound include DJI, BonV Aero and Elroy Air. Here is the list of Top 10 competitors of Airbound, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DJI 2006, Shenzhen (China), Series B	Manufacturer of camera drones, handheld devices, and related lifestyle technology	$105M	Accel, HongShan & 24 others	81/100
2nd	BonV Aero 2021, Bhubaneswar (India), Seed	Manufacturer of unmanned aerial vehicles for logistics, disaster response, and defence	$6.43M	Inflection Point Ventures, Headstart & 70 others	66/100
3rd	Elroy Air 2016, San Francisco (United States), Series B	Autonomous aircraft systems for cargo delivery purposes	$116M	Levitate Capital, Shasta Ventures & 31 others	64/100
4th	Dronamics 2014, Sofia (Bulgaria), Series A	Developer of UAVs for transporting cargo	$77.6M	Speedinvest, Eleven & 9 others	63/100
5th	Wingcopter 2014, Weiterstadt (Germany), Series B	Creates and produces unmanned eVTOL delivery drones for industrial and charitable uses	$110M	Corecam Family Office, Expa & 17 others	58/100
6th	Airbound 2020, Bengaluru (India), Seed	Manufacturer of autonomous delivery drones for transporting small cargo items	$10.4M	Lightspeed Venture Partners, 1517 Fund & 8 others	56/100
7th	Natilus 2015, San Jose (United States), Series A	Develops a large unmanned aerial vehicle for cargo transport	$28M	Draper, Outpost Capital & 23 others	56/100
8th	Speedbird 2019, Sao Paulo (Brazil), Series B	Provider of a solution for drone delivery of goods and medicines	$8.8M	Lince Capital, MSW Capital & 5 others	54/100
9th	Moya Aero 2020, Sao Jose Dos Campos (Brazil), Seed	Developer of automated drones for cargo delivery services	$20K	Techstars, Finep & 1 others	47/100
10th	ACC Innovation 2019, Atvidaberg (Sweden), Unfunded	Manufacturer of heavy lifting VTOL UAVs with high payload capacity	-	-	45/100

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Founders (largest shareholder) own 47.38%, Funds own 1.80%, Enterprises own 0.72% and Angels own 2.72%. The net worth of Airbound's founders is INR 7.39Cr as of Jul 04, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	47.38%	7.39Cr	8046144	2664204	6064703	5502765
Fund	1.80%	28.1L	7	7	3	8
IIMA Ventures	5	6	1	8	2	1
Enterprise	0.72%	11.2L	0	0	0	0
Angel	2.72%	42.5L	35	70	82	97
Alagu Sundaram Periyannan	0	0	0	0	0	0
Other People	47.38%	7.39Cr	3903589	2342577	3462873	2447503
Total	100.00%	15.6Cr	3562421	4378071	6283353	7110181