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India’s ePlane partners with Dubai-based Empire Aviation

The ePlane Company, an air mobility startup, has announced a partnership with Dubai-based Empire Aviation Group.

This alliance aims to deploy electric vertical takeoff and landing (eVTOL) vehicles in India, the UAE, Thailand, and Indonesia to establish urban air mobility solutions.

Empire Aviation Group will provide its knowledge in aviation operations, focusing on safety and fleet management to assist in the entry of The ePlane Company’s aircraft into these markets.

Founded in 2019 by IIT Madras professor Satya Chakravarthy, The ePlane Company focuses on mitigating traffic congestion in urban areas with its eVTOL aircraft.

Recent The ePlane Company developments

Timeline
14-Nov-2024 🚁 Indian flying taxi startup secures $14m series B
  • ePlane Company raises $14M for eVTOL development
  • India aims for full launch of flying taxis by 2026
05-Apr-2022 🚀 Indian VC Speciale closes second fund at $37.8m
  • Speciale Invest closes second fund at $37.8M
  • Aims to invest in over 20 early-stage startups
10-Jan-2022 🚀 🇮🇳 Roundup: Pine Labs to raise $500m in US listing, and more (Updated)
  • Startups in India raised $21M from investors
  • Pine Labs plans $500M US IPO for early 2023
25-Aug-2021 ✈️ Flying taxi startup The ePlane Company used this pitch deck to net $1m in seed money
  • ePlane develops electric taxis for urban transport.
  • Secured $1M seed funding to grow from 10 to 25 staff.
08-Apr-2021 🚀 Indian VC firm Speciale Invest raises $19m in the first close of its second fund
  • Speciale Invest raises $19M for second fund
  • Focus on deep tech startups and follow-on investments

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