Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Airbound Raises $8.6 Mn To Scale Logistics Drone Manufacturing
Airbound, a logistics drone startup, raised $8.6 million in funding to scale drone manufacturing and logistics operations. The capital will support production ramp-up, R&D, and expansion into new logistics corridors, targeting last-mile delivery and industrial applications. The funding reflects growing investor interest in drone-based logistics solutions in India and globally, highlighting the sector’s potential to optimize supply chains and reduce transportation costs.