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India’s Airbound bags $8.65M to build rocket-like drones for one-cent deliveries

Lachy Groom has invested in Airbound's $8.65 million seed round, supporting the company's pilot launch in Bengaluru.

MAIN POINTS
  1. Lachy Groom is a key investor in Airbound's seed funding.
  2. Airbound raised $8.65 million in its seed round.
  3. The company is launching a pilot program in Bengaluru.
  4. This funding marks a significant step for Airbound's growth.
TAKEAWAYS
  1. Airbound's pilot in Bengaluru is crucial for its market entry.
  2. The $8.65 million funding will support Airbound's initial operations.
  3. Lachy Groom's involvement highlights investor confidence in Airbound.
  4. The seed round positions Airbound for future expansion opportunities.
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