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Skye Air - About the company

Skye Air is a series B company based in Gurugram (India), founded in 2019 by Chandra Prakash, Ankit Kumar and Swapnik Jakkampudi. It operates as a Platform offers drone‑based last‑mile delivery services. Skye Air has raised $11.3M in funding from investors like LetsVenture, Lead Angels and Mount Judi Ventures, with a current valuation of $*****. The company has 173 active competitors, including 58 funded and 8 that have exited. Its top competitors include companies like Starship Technologies, Flytrex and Zipline.

Company Details

Platform offers drone‑based last‑mile delivery services. It is a provider of drone-based delivery services for various industries, including e-commerce, healthcare, and agriculture. The company utilizes drones capable of carrying varying package sizes and weights, covering distances from short to long ranges. Delivery is facilitated through partner apps and websites. The process involves order placement, drone pickup, and notification upon delivery. It is available for Android users.
Social
XFacebook
Email ID
*****@skyeair.tech
Phone Number
+91 **********
Registered Address
13th floor Building Number 9, Wework K Raheja Mindspace survey No. 64, Madhapur, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081
Key Metrics
Founded Year
2019
Location
Gurugram, India
Stage
Series B
Total Funding
$11.3M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 01, 2025
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
84 as on Aug 31, 2025
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Skye Air's funding and investors

Skye Air has raised a total funding of $11.3M over 9 rounds. Its first funding round was on May 17, 2022. Its latest funding round was a Series B round on Mar 11, 2026 for $*****. 4 investors participated in its latest round. Skye Air has 33 institutional investors and 38 angel investors.

Here is the list of recent funding rounds of Skye Air:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 11, 2026
6327055
Series B
6831369
8719497
4592149
3263946
Nov 02, 2025
4661982
Series A
4353215
9647581
3367034
Jul 26, 2024
6426685
Series A
7129407
4099927
2622594
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Skye Air's founders and board of directors

Founder? Claim Profile
The founders of Skye Air are Chandra Prakash, Ankit Kumar and Swapnik Jakkampudi. Ankit Kumar Kumar is the CEO of Skye Air.
Here are the details of Skye Air's key team members:

Skye Air's Board of Directors

Skye Air's board has 4 active members. Chandra Prakash, Ankit Kumar, Mohammed Ali Shariff and Shrikant Sarda are part of team.
Here is the list of Skye Air's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 0m
Team
-
Current
6y 0m
Team
-
Current
6y 9m
Investor
Mount Judi Ventures
Current
2y 1m
dqcogae
Independent board member
-
Past
2y 4m

Skye Air's employee count trend

Skye Air has 84 employees as of Aug 25. The total employee count is 52.0% lower than what it was in Aug 24. Here is Skye Air's employee count trend over the years:
Employee count trend for Skye Air
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Skye Air's Competitors and alternates

Top competitors of Skye Air include Starship Technologies, Flytrex and Zipline. Here is the list of Top 10 competitors of Skye Air, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Starship Technologies
Starship Technologies
2014, San Francisco (United States), Series C
Operator of autonomous robots for delivery of goods and advertising
$281M
70/100
2nd
Logo for Flytrex
Flytrex
2013, Tel Aviv (Israel), Series C
Provider of cloud-based on-demand drone-based e-commerce delivery services
$60M
69/100
3rd
Logo for Zipline
Zipline
2011, San Francisco (United States), Series H
Operator of drone delivery and logistics
$1.63B
66/100
4th
Logo for Workhorse Group
Workhorse Group
2007, Cincinnati (United States), Public
Manufacturer of electric vehicles and related components for transportation solutions
$35.8M
64/100
5th
Logo for Elroy Air
Elroy Air
2016, San Francisco (United States), Series B
Autonomous aircraft systems for cargo delivery purposes
$116M
63/100
6th
Logo for Matternet
Matternet
2011, Mountain View (United States), Series A
Provider of autonomous drone networks
$34.1M
62/100
7th
Logo for Wing
Wing
1997, Palo Alto (United States), Acquired
Operator of on-demand drone delivery service for food, groceries, and goods
-
61/100
8th
Logo for RIVR
RIVR
2023, Germany, Acquired
Developer of physical AI solutions for last-mile delivery and robotics
$26.1M
58/100
9th
Logo for X Square Robot
X Square Robot
2021, Shenzhen (China), Series C
Developer of robotic solutions using general embodied intelligence large models
$723M
57/100
10th
Logo for Airbound
Airbound
2020, Bengaluru (India), Seed
Developer of autonomous delivery drones and AI-powered logistics systems
$10.4M
56/100
12th
Logo for Skye Air
Skye Air
2019, Gurugram (India), Series B
Platform offers drone‑based last‑mile delivery services
$11.3M
56/100
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Skye Air's Latest cap tables and shareholding

Founders own 23.64%, Funds (largest shareholder) own 37.89%, Enterprises own 1.15% and Angels own 7.60%. The net worth of Skye Air's founders is INR 35.1Cr as of Jul 01, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
23.64%
35.1Cr
7935002
1329617
2384403
5418341
1880759
5959835
4440413
9887232
4419165
5454262
9632085
6125684
1579283
9911057
3006514
1991907
Fund
37.89%
56.3Cr
9093382
7110815
7139677
5026538
924024
182646
706376
274949
404817
888761
743987
676312
778409
710225
460522
318822
0
0
0
0
0
0
Enterprise
1.15%
1.71Cr
3
5
8
2
Angel
7.60%
11.3Cr
6688344
4943009
7450734
7328956
Other People
0.08%
12.6L
0
0
0
0
ESOP Pool
29.63%
44Cr
1941764
8071605
5285882
4636138
Total
100.00%
149Cr
7294516
6808023
1249769
6572803
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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 Skye Air's Shareholding

Skye Air's Investments and acquisitions

Skye Air has made no investments or acquisitions yet.

Reports related to Skye Air

Here is the latest report on Skye Air's sector:

News related to Skye Air

lockFilter this list
Media has covered Skye Air for a total of 7 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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FAQs about Skye Air

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