Dubai-based Astral Aviation Ties with TechEagle to Create Safe and Reliable Drone Delivery Network in GCC at Dubai Expo 2020

TechEagle is grateful to StartInUP & Govt of UP to provide this opportunity and platform to showcase at Dubai Expo 2020

TechEagle India's pioneer and leading Drone delivery startup in collaboration with Astral Aerial Solutions which is an established all-cargo airline is entering into the GCC region in a strategic partnership. The two companies have come into an agreement for creating a safe and reliable drone delivery network to strengthen the supply chain of healthcare, e-commerce, hyperlocal and maritime in the Gulf Cooperation Council Region comprising six middle eastern countries namely Saudi Arabia, Kuwait, and The United Arab Emirates.

Astral Aerial Solutions is an affiliate of Astral Aviation, which is an established all-cargo airline with over 2 decades of experience in operating within Africa. Astral offers drone services that provide a new dimension to logistics, aerial photography, aerial surveillance reconnaissance, inspections among other industries.

“At TechEagle our vision is to create the world's largest on-demand drone logistics network for package delivery in minutes to save lives, time, and money. With our collaboration with Astral, we are looking at an estimate of USD 100 Million markets over the next 10 years in the GCC region,’’ said Vikram, CEO & founder at TechEagle

In addition to above Vikram mentioned “StartUpINUP has provided us the opportunity to showcase at Dubai Expo 2020 and platform to meet potential investors and partners. We are thankful to the Govt of UP, Invest India and India Innovation hub team.”

Commenting on the same, Sanjeev Gadhia, Founder & CEO, Astral Aviation “We are thrilled to enter into an MoU with India’s most disruptive start-up in the drone delivery space, TechEagle, so that we can apply the technology in meeting the delivery needs via a safe and reliable network for our clients in the GCC region”.

“We believe that with the innovative solution of TechEagle and the industry expertise of Astral this collaboration will turn into the venture of the decade both economically and innovatively.”

Astral Aerial Solutions’ end-to-end operational expertise in a highly regulated industry will serve as the backbone of this collaboration and will play a key role in future collaborations. This partnership will provide a perfect blend of industry experience and expertise.

Government of UP is supporting the startups from the emerging technology sector and is establishing the required infrastructure including the launch of Center of excellences and incubators across the state. I would like to congratulate our home-grown Startup TechEagle on this landmark success of signing this MoU for their entry into the GC region” said Mr. Arvind Kumar, Additional Chief Secretary IT & Electronics Department, and Government of UP.

“State government is continuously working towards fostering a world class startup ecosystem in the state and providing our startups with an opportunity to present their business ideas on global platforms like Dubai Expo, India Global forum UAE 2021 and TiE Global Summit Dubai 2021. I congratulate the Tech Eagle team for this MoU” said Dr. Ujjwal Kumar, Special Secretary and MD IT & Electronics Department, Government of UP.

About TechEagle

TechEagle is a pioneer & leading Drone delivery company based in Gurgaon, India. TechEagle enables Govts and enterprises around the world to transport essential items and lifesaving drugs from a distribution center to primary health care center (PHC) with efficient and reliable hybrid e-VTOL technology which is completely developed in-house to save lives. 

Founded in 2015 by IIT Kanpur alumni, It became one of the very first companies to receive approvals from DGCA, MoCA, AAI & MHA to conduct Beyond Visual Line of Sight (BVLOS) trials for package delivery via Drones in India.

On-Demand Drone Delivery Startup TechEagle Will Showcase India at Dubai Expo 2020 Under UP Govt’s Guidance

Dubai Expo is featuring 192 participating nations, of which TechEagle is representing India with its state-of-the-art on-demand drone delivery solutions to address urgent delivery needs in remote or hard-to-reach areas.

India’s leading on-demand drone delivery airline has recently announced its participation in the ongoing Dubai Expo 2020 - the first-ever World Expo in the Middle East, Africa and South Asia (MEASA) region.

Incepted in 2015, TechEagleis recognized as a pioneer and lead manufacturer of long-range, high speed, heavy payload delivery Drone solutions. The deep tech anticipates to introduce the world to its state-of-the-art on-demand drone delivery solution for providing better healthcare and e-commerce access to every corner of the world.

Commenting on the participation, Vikram Singh Meena, Founder & CEO of TechEagle said, “For the first time, Dubai Expo 2020 has focused on providing every participating country to have its own pavilion. It will help us with recognition in showcasing the future of drone delivery through world-class platforms with Made in India Technology.”

The expo is being held from October 1, 2021 to March 31, 2022 with 192 participating nations from across the world. Considering the accelerated digital adoption, it is based on the theme ‘Connecting Minds and Creating the Future’ to inspire people through the sub-themes – sustainability, mobility and opportunity.

Being one of the most disruptive startups in the drone delivery space, the company envisions to be the largest on-demand drone logistics Airline for package delivery in minutes to save lives, time and money. Its participation in the expo will help the company in making the world familiar with its Made in India drones, backed by advanced technologies.

Besides this, it will enable the world to address every urgent delivery need via a safe, efficient and reliable drone logistics network. TechEagle will also get the chance to showcase their ideas in India Global Forum UAE, India Innovation Hub and Tie Global Summit- Dubai 2021 . Under UP Govt’s guidance, the startup will get the opportunity represent their business ideas to global investors.

Drone Delivery Startup TechEagle Raises $500K in Funding Led by India Accelerator, Vinners group, Sitics Logistics and Others

TechEagle Team with AquilaX2

Leading Drone delivery startup -TechEagle raises $500K in a Seed Round led by India Accelerator, with participation from Vinners group, Sitics Logistics & other marquee angel investors

TechEagle, a leading drone delivery start-up has raised USD 500,000 in a seed round led by India Accelerator, with participation from Vinners Group, Sitics Logistics & other marquee angel investors.

TechEagle is deep tech (drone, AI) company that is currently based out of Gurgaon, and is building the end-to-end technology solution for enabling a drone logistics airline for last-mile & mid-mile deliveries. To make its vision a reality, TechEagle has already received approvals from the Government of India (MoCA) and the Regulators (DGCA) to conduct package delivery BVLOS (beyond the visual line of sight) flights in various parts of the country (India).

The company was founded in the hostel garage of Indian Institute of Technology (IIT), Kanpur by Vikram Singh Meena with a vision to solve super slow & expensive logistics problems in the last & mid mile segment using indigenous Drone & AI technology. He hails from a very small village in Rajasthan and understands the real pain point and gaps in the current healthcare and logistics system for rural and remote areas. Since childhood, he witnessed the trauma of losing many lives because of the non-availability of critical medicines in nearby clinics and hospitals or quick logistics services. Later in the journey, Anshu Abhishek joined the company and was promoted as Co-founder & COO.

TechEagle-Founders (Right - Vikram Singh Meena - CEO, Left - Anshu Abhishek - COO)

The Founder & CEO of TechEagle, Vikram Singh Meena says “Just alone in India, each year we lose millions of lives because of non-availability of critical healthcare items (blood, platelet, plasma, anti-venom, vaccines etc.) in remote, rural and semi-urban areas. Aerial routes are shorter in comparison to roads, and with no traffic jams in the sky, our drones are super-fast with reverse logistics capabilities, hence the delivery of packages would be four-times faster, twice as economical and 100% reliable. We plan to use the funding to further launch new indigenous products, scale our operations in India, and hire across functions. With TechEagle's on-demand Drone delivery Airline, the aim is to impact a billion lives by 2030.”

Mona Singh Co-Founder of IA stated "India Accelerator is elated to back TeachEagle, Our decision to accelerate and invest in TechEagle moves in the direction of helping companies build a global presence. We envisage that the year 2022 will be the year in which the hockey-stick upcurve in large scale usage of drones in India will happen, upon the strong foundation of the Drones Rules 2021. If the government has taken this bold move of notifying a liberal policy, then India will be the leader in this technology.''

Vinners (Value Investors Network) is a group of CXOs of India seeking investment and mentorship opportunities in dynamic, early-stage companies. Beyond financial support, the members often provide mentorship and help open doors for investee companies by leveraging their personal networks. As a network of individuals, they leverage their collective knowledge, connections and know-how to help these early-stage companies succeed. This would be Vinners’ 18th investment. 

Harvinderjit Bhatiya- CEO & Cofounder Radiowala and one of the founding members of Vinners( Value Investors Network) led this round from Vinner's side. According to him, "We saw the potential in the company and the founders. With the launch of Drone Rules 2021, the future of Tech Eagle looks promising. Also, the success of the pilot runs has accelerated the possibility of deploying beyond-line-of-sight drones for last-mile delivery of shipments in minimum time, to areas with improper road connectivity as well as faster deliveries in dense urban settings. We found these to be compelling reasons to invest in the company."

A.M. Sikander, CEO of Sitics Logistics says “We are delighted to invest in TechEagle. We believe drone delivery is the next big thing in the last mile delivery. Sitics with TechEagle will be the pioneer in drone-based deliveries internationally. As the traction for drone-based deliveries increases in India and around the world, Sitics will be one of the first movers in the Logistic Industry to adopt this technology. As a digitally enabled supply chain provider, Sitics sees the move into drone deliveries as path-breaking.”