TSAW Drones raises undisclosed funding from Chandigarh Angel Network, Qubit Capital
- ByStartupStory | September 6, 2022
A drone logistics company called TSAW Drones has received an unknown figure in funding from the Chandigarh Angel Network, Qubit Capital, and POD World.
The IIT Delhi-based firm, which was incubated at FITT, Foundation for Innovation and Technology Transfer, had previously raised $325,000 in a seed round from We Founder Circle, Zypp Electric, Log9 Materials and Pedal Start.
The drone logistics company that is based in Gurugram aims to build a network of drone corridors all across the nation, which will later act as an alternate mode of transportation for cargo movements. It is working with Zypp Electric to enable end-to-end last-mile deliveries within 20 minutes anywhere in the city.
Till now, TSAW has completed successful trials in states/cities like Kolkata, Orissa, Indore, Mumbai, Gurgaon, Madurai, Hyderabad and Coimbatore with clients.
About TSAW drones
Founded in 2019 by Kishan Tiwari (Co-Founder & CEO) and Rimanshu Pandey(Co-Founder & COO), TSAW Drones provides end to end drone solutions for Logistics with their vision to automate and optimize the process of transportation in logistics by introducing Drones/UAVs in all the 3 legs of transportation via Warehouse-Warehouse, Warehouse-Distribution/Collection Center, Distributions/Collection centre – the end user.
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