Sarla Aviation secures $10M in series A1 funding from Accel, Nikhil Kamath, Binny Bansal, others

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Sarla Aviation secures $10M in series A1 funding from Accel, Nikhil Kamath, Binny Bansal, others - YourStory

Quick Summary:

The company plans to launch a free-of-cost air ambulance service, to address the urgent need for rapid medical response to save lives.

The company said that its hybrid-lift-and-cruise eVTOL offers the highest payload in the market, capable of carrying up to 680 kg—allowing 35% more passengers per flight at 4X lower ticket prices compared to Western competitors.“Their emphasis on cost economics and reliability could make them a blueprint for other rapidly urbanizing regions worldwide,” said Pratik Agarwal, Principal at Accel.

It aims for a market launch by 2028.