BonV Aero Secures Rs 6 Crore in Funding Round Headed by Inflection Point
January 18, 2024 | by indiatoday360.com

About BonV Aero
BonV Aero is a drone startup based in Bengaluru that provides aerial vehicles for both goods and passenger transportation. The company specializes 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.
Funding Details
BonV Aero has raised Rs 6 crore in a funding round led by Inflection Point Ventures (IPV), a Gurugram-based angel investment firm. The round also saw participation from Headstart Investor Circle, which had previously invested in the startup in December 2022. According to BonV Aero, the funds will be used for client demonstrations, team expansion and internal R&D focused on enhancing products for customers, researching propulsion systems and advancing power plants.
Competitive Edge
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.
Future Plans
The startup aims to become a global leader in aerial logistics and transportation by leveraging its innovative technology and customer-centric approach. It also plans to expand its operations to other countries and regions with similar terrain and climate challenges. The startup believes that its drones can revolutionize the way goods and people are moved across distances, especially in remote and inaccessible areas.
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