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Funding · Mobility & Logistics

Sarla Aviation raises $1.1 Mn from IndiGo Ventures

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Date
Company
Sarla Aviation
What it does
electric air taxi developer
Kind
Funding
Amount
$10M
Stage
Series A
Founded
2023
Sector
Mobility & Logistics

What they do

Sarla Aviation is an Indian startup developing hybrid-electric eVTOL aircraft for urban transport

What happened

The company raised $1.1 million in a funding round led by IndiGo Ventures, an investment arm of India's largest airline, IndiGo

Why it matters

Sarla Aviation's flagship model, Shunya, is expected to launch in Bengaluru by 2028 and can seat six passengers plus one pilot

The details

  • Sarla Aviation, a Bengaluru-based startup, raised $1.1 million in a funding round led by IndiGo Ventures.
  • The investment was made in April 2026 and is part of the company's ongoing efforts to develop hybrid-electric eVTOL aircraft for urban transport.
  • Sarla Aviation's flagship model, Shunya, is designed to seat six passengers plus one pilot and is expected to launch in Bengaluru by 2028.
  • The aircraft also has a cargo configuration with a payload capacity of up to 680 kilograms.
  • Sarla Aviation had previously raised $10 million in January 2025 in a funding round with participation from angel investors including Binny Bansal, Nikhil Kamath, and Sriharsha Majety.

The bigger picture

  • The investment by IndiG Ventures marks the airline's entry into the emerging electric air taxi sector.
  • Globally, airlines have increasingly backed eVTOL companies, with examples such as Joby Aviation and Archer Aviation securing support from major airlines.
  • Sarla Aviation is among several Indian startups, including The ePlane Company and BluJ Aerospace, competing to establish a foothold in the nascent air taxi market.

About the business

  • Sarla Aviation is developing hybrid-electric eVTOL aircraft for use as a flying taxi.
  • The company's flagship model, Shunya, is intended for urban transport and is expected to launch in Bengaluru by 2028.
  • Shunya is designed to seat six passengers plus one pilot and has a cargo configuration with a payload capacity of up to 680 kilograms.
  • The company is based in Bengaluru and was founded in 2023.
  • Sarla Aviation has raised a total of $13.4 million across five funding rounds so far.

What happens next

  • Sarla Aviation plans to launch its flagship model, Shunya, in Bengaluru by 2028.

The deal

Type
funding

Investors

  • IndiGo Ventures (lead) — Investment arm of IndiGo, India's largest airline.

About Sarla Aviation

Product
air taxi startup
Customers
Urban air mobility operators and strategic aviation partners.
How it makes money
Develops and commercializes eVTOL aircraft and related air mobility technology.
What sets it apart
Building Shunya as an indigenous electric air taxi platform.

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