Drone startup BonV Aero raises Rs 6 Cr led by IPV

Aerial logistics drone startup BonV Aero has raised Rs 6 crore in a round led by Inflection Point Ventures (IPV). 

According to BonV Aero, the funds will be used in client demonstrations, team expansion and internal R&D focused on enhancing products for customers, researching propulsion systems and advancing power plants. 

Before this, the Bengaluru-based startup had raised an undisclosed amount in seed round from Headstart Investor Circle in December 2022.

Founded by Satyabrata Satapathy, BonV Aero provides aerial vehicles for both goods and passenger transportation specializing in state-of-the-art aerial vehicles tailored for challenging terrains like the Himalayas. It focuses on the needs of Indian defence logistics, disaster relief, emergency medical services, supply chain logistics and rapid commerce deliveries. 

BonV Aero claims that it stands out for creating India’s first logistic aerial vehicle, capable of carrying 50 kilograms over 10 kilometres at 10,000 feet in hilly regions and have backed commercial orders.

Its in-house propulsion system ensures efficient flights in extreme weather and high altitudes, marking it as a reliable choice for challenging conditions.

At present, BonV Aero is actively conducting product trials with the Indian Army, marking an initial phase in operational scale.