Zoho Invests in Drone Tech Startup Yali Aerospace

Sridhar Vembu promoted SaaS company Zoho Corporation has recently invested in Yali Aerospace, a Tamil Nadu-based drone technology startup. Yali Aerospace has developed a fixed-wing drone with vertical take-off and landing (VTOL) capabilities.

The VTOL drone has range of up to 150 km and can carry a payload of up to 7 kg. The drone has Maximum Speed of 155 km/h. These drones address critical challenges, such as delivering medicines and organs to remote areas efficiently.

India's commercial drone market is projected to grow at a CAGR of 12.4% from 2020 to 2026. Increased investor interest in the drone space is evident, with recent developments like Google's subsidiary Wing LLC starting drone manufacturing in Tamil Nadu.

Sridhar Vembu, CEO of Zoho, announced the investment, in Yali Aerospace, on X (formerly Twitter). Zoho's investment in Yali Aerospace aligns with India's growing interest in drone technology startups. Yali's innovative solutions caught Zoho's attention, and this investment reflects their commitment to supporting cutting-edge Ventures.
 
Zoho Invests in Drone Tech Startup Yali Aerospace

Based out of Thanjavur, a city in Tamil Nadu, Yali Aerospace specializes in providing drone solutions for various applications, including – Medical: delivering medical supplies and organs, to remote hospitals using their drones; Surveillance: for monitoring and security purposes; Logistics: Yali's technology facilitates efficient logistics, including transportation of critical resources.

Yali Aerospace, the drone startup, was founded in 2022 by a husband-and-wife team, Dinesh Baluraj and Anugraha Ganeshan, along with Mathuravani. Yali Aerospace aims to build the future of aviation by leveraging cutting-edge technology and beyond-visual-line-of-sight (BVLOS) experience.

Interestingly, Yali Aerospace offers flagship service called 'Yali Network Bridge', which aims to deliver medical supplies within 20 minutes across India. By establishing a drone-based delivery network, Yali contributes to seamless distribution of vital medical resources, ultimately improving healthcare outcomes.

Additionally, Yali's SkyBase (YNB) serves as a drone hub, connecting hospitals for transporting organs, medical supplies, and automated external defibrillators (AEDs).

Zoho's investment in Yali Aerospace comes at a time when the company is diversifying beyond its core business. Zoho has been investing in areas such as artificial intelligence, data centers, and now, drone technology.

Earlier, Zoho also invested in Saudi Arabia's digital infrastructure development and explored manufacturing hardware devices.

This investment by Zoho underscores the importance of innovation and technology in addressing critical challenges across various sectors. Yali Aerospace's work in the drone domain holds immense promise for healthcare, logistics, and surveillance applications.
Advertisements

Post a Comment

Previous Post Next Post
Like this content? Sign up for our daily newsletter to get latest updates.