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Airbound - About the company

Airbound is a series A company based in Bengaluru (India), founded in 2020 by Muzavar Faraaz Baig, Naman Pushp and Yashi Pushp. It operates as a Manufacturer of autonomous drones designed for automated cargo delivery services. Airbound has raised $50M in funding from investors like Lightspeed Venture Partners, Greenoaks and gradCapital, with a current valuation of ₹*****. The company has 779 active competitors, including 113 funded and 39 that have exited. Its top competitors include companies like Quantum Systems, Skydio and Raphe.

Company Details

Manufacturer of autonomous drones designed for automated cargo delivery services. These blended wing body aircraft utilize vertical takeoff and landing technology to transport payloads without the need for runways or ground infrastructure. The onboard systems enable navigation and flight management in various environmental conditions. These crafts perform automated package pickup, delivery, and return operations to support logistics and supply chain distribution.
Social
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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
Series A
Total Funding
$50M in 8 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 04, 2022
Ranked
Employee Count
75 as on May 31, 2026
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Airbound's funding and investors

Airbound has raised a total funding of $50M over 8 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on Aug 24, 2026 for $*****. 5 investors participated in its latest round. Airbound has 9 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Airbound:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 24, 2026
4766860
Series A
6521019
1502218
3866433
5738447
Oct 14, 2025
3391658
Seed
4123818
1993711
7438680
Nov 14, 2024
3659479
Seed
1162133
8732651
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Airbound's founders and board of directors

Founder? Claim Profile
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:

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
Team
-
Current
4y 11m
spmtxab
Team
-
Past
8y 1m

Airbound's employee count trend

Airbound has 75 employees as of May 26. Here is Airbound's employee count trend over the years:
Employee count trend for Airbound
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Airbound's Competitors and alternates

Top competitors of Airbound include Quantum Systems, Skydio and Raphe. 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
Logo for Quantum Systems
Quantum Systems
2015, Gilching (Germany), Series D
AI-powered aerial intelligence and reconnaissance systems
$1.82B
78/100
2nd
Logo for Skydio
Skydio
2014, San Mateo (United States), Series F
Manufacturer of autonomous drones and related software, services, and accessories
$825M
72/100
3rd
Logo for Raphe
Raphe
2017, Noida (India), Series B
Manufacturer of carbon fiber composite products and unmanned aerial vehicles
$154M
67/100
4th
Logo for Vantage Robotics
Vantage Robotics
2013, San Francisco (United States), Series B
Creates unmanned aircraft systems
$8.94M
66/100
5th
Logo for ideaForge
ideaForge
2007, Navi Mumbai (India), Public
Provider of drone manufacturing, advanced drone software, and drone services solutions
$53.8M
65/100
6th
Logo for Garuda Aerospace
Garuda Aerospace
2015, Chennai (India), Series B
Provider of unmanned aerial vehicles for agricultural and industrial applications
$49.5M
64/100
7th
Conducts R&D on, and markets, drones and robotics-based technologies.
$25.1M
61/100
8th
Logo for Aonic
Aonic
2016, Subang Jaya (Malaysia), Series A
Drone provider for enterprises
$14.3M
60/100
9th
Logo for Airobotics
Airobotics
2014, Scottsdale (United States), Acquired
Provider of automated drone infrastructure for aerial data and surveillance
$101M
60/100
10th
Logo for RattanIndia Power
RattanIndia Power
2007, Delhi (India), Public
Developer of technology platforms for electric mobility, e-commerce, and drones
-
-
60/100
12th
Logo for Airbound
Airbound
2020, Bengaluru (India), Series A
Manufacturer of autonomous drones designed for automated cargo delivery services
$50M
58/100
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Airbound's Latest cap tables and shareholding

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 7.4Cr as of Jul 04, 2022. The cap table displayed below is for AIRBOUND AEROSPACE PRIVATE LIMITED which is the legal entity associated with Airbound.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
47.38%
7.4Cr
1151654
3767929
6994627
4719363
4961068
7201094
4385213
6416277
7527117
9949634
Fund
1.80%
28.1L
7
6
3
1
8
6
8
8
6
6
Enterprise
0.72%
11.2L
0
0
0
0
Angel
2.72%
42.5L
29
13
42
88
0
0
0
0
0
0
Other People
47.38%
7.4Cr
9504540
2661499
5131889
6776971
Total
100.00%
15.6Cr
8585515
5458119
9136857
2448129
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Airbound's Investments and acquisitions

Airbound has made no investments or acquisitions yet.

Reports related to Airbound

Here is the latest report on Airbound's sector:

News related to Airbound

Media has covered Airbound for a total of 10 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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