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Airbound - About the company

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 automated logistics supply chains. 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 212 active competitors, including 65 funded and 8 that have exited. Its top competitors include companies like DJI, Starship Technologies and Flytrex.

Company Details

Manufacturer of autonomous delivery drones for automated logistics supply chains. These aircraft utilize blended wing body designs to perform vertical takeoffs and transitions into efficient flight modes. The systems incorporate onboard autonomy and navigation technology to manage flight paths and environmental conditions. The hardware facilitates automated package pickup and delivery processes without requiring ground infrastructure or human intervention. The crafts are designed to transport payloads across various terrains.
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
Seed
Total Funding
$10.4M in 7 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 $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 4 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
Oct 14, 2025
1533872
Seed
6988157
9664850
1279945
2724829
Nov 14, 2024
7313041
Seed
4890470
1677819
5906160
Jul 04, 2022
1347401
Angel
2730571
3760849
9199747
4154789
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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 8m
woffsyv
Team
-
Past
4y 7m

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 DJI, Starship Technologies and Flytrex. 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 DJI
DJI
2006, Shenzhen (China), Series B
Manufacturer of camera drones, handheld devices, and related lifestyle technology
$105M
81/100
2nd
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
3rd
Logo for Flytrex
Flytrex
2013, Tel Aviv (Israel), Series C
Provider of cloud-based on-demand drone-based e-commerce delivery services
$60M
68/100
4th
Logo for Zipline
Zipline
2011, San Francisco (United States), Series H
Operator of drone delivery and logistics
$1.63B
66/100
5th
Logo for BonV Aero
BonV Aero
2021, Bhubaneswar (India), Seed
Manufacturer of advanced unmanned aerial vehicles with heavy-payload capacity for logistics, defence, and high-altitude operations
$6.43M
65/100
6th
Logo for Cartken Robotics
Cartken Robotics
2019, Tempe (United States), Series A
Manufacturer of autonomous mobile robots for indoor and outdoor material handling
$22.5M
64/100
7th
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
8th
Logo for Dronamics
Dronamics
2014, Sofia (Bulgaria), Series A
Developer of UAVs for transporting cargo
$77.6M
62/100
9th
Logo for Matternet
Matternet
2011, Mountain View (United States), Series A
Provider of autonomous drone networks
$34.1M
62/100
10th
Logo for Wing
Wing
1997, Palo Alto (United States), Acquired
Operator of on-demand drone delivery service for food, groceries, and goods
-
61/100
15th
Logo for Airbound
Airbound
2020, Bengaluru (India), Seed
Manufacturer of autonomous delivery drones for automated logistics supply chains
$10.4M
56/100
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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 7.39Cr 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
7811946
5839511
1351471
2423007
Fund
1.80%
28.1L
1
1
8
3
3
6
3
2
6
6
Enterprise
0.72%
11.2L
0
0
0
0
Angel
2.72%
42.5L
59
22
88
49
0
0
0
0
0
0
Other People
47.38%
7.39Cr
1983274
8011558
5667978
9731835
Total
100.00%
15.6Cr
1408574
8369118
9214002
6662263
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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 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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FAQs about Airbound

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