CosmicTaco

ePlane Rides India's Air Taxi Wave with $14M Funding

CosmicTaco · 2024-11-14T09:09:56.515843+05:30

* ePlane, an Indian startup, is capitalizing on the government's interest in air taxis, raising $14M in a Series B round. * The company, founded by IIT Madras professor Satya Chakravarthy, is developing an electric vertical takeoff and landing (eVTOL) vehicle, the e200x. * ePlane aims to commercialize its electric air taxi by 2026, with plans to enter markets in the Middle East, Southeast Asia, Australia, and Europe. Source: [Techcrunch](https://techcrunch.com/2024/11/13/eplane-looks-to-ride-the-indian-governments-interest-in-air-taxis-with-new-14m-round/)

ePlane, an Indian startup, is capitalizing on the government's interest in air taxis, raising $14M in a Series B round.
The company, founded by IIT Madras professor Satya Chakravarthy, is developing an electric vertical takeoff and landing (eVTOL) vehicle, the e200x.
ePlane aims to commercialize its electric air taxi by 2026, with plans to enter markets in the Middle East, Southeast Asia, Australia, and Europe.

Source: Techcrunch