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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
9492509
Series A
9173682
4937137
3646566
7737731
Oct 14, 2025
3980146
Seed
7817431
4871578
6767809
Nov 14, 2024
1775571
Seed
6649562
5675260
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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
pztgahs
Team
-
Past
4y 3m

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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
47.38%
7.4Cr
8134997
6803752
1917105
3760887
8355107
1939878
9567122
1215954
6930045
5241242
Fund
1.80%
28.1L
1
6
7
2
1
8
6
7
1
8
Enterprise
0.72%
11.2L
0
0
0
0
Angel
2.72%
42.5L
61
92
34
56
0
0
0
0
0
0
Other People
47.38%
7.4Cr
4195961
3176141
8341892
8830655
Total
100.00%
15.6Cr
6855633
4443092
7564084
9871344
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Airbound's Shareholding

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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