Drone delivery startup TechEagle Innovations Pvt. Ltd has raised $500,000 in seed funding led by India Accelerator, with participation from Vinners Group, Sitics Logistics, and marquee angel investors.
The startup will use the funding to further launch new indigenous products, scale its operations in India, and hire across functions. With its on-demand drone delivery airline, the startup aims to impact a billion lives by 2030.