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IndiGo takes stake in Indian air taxi startup Sarla Aviation
IndiGo has picked up a 100 million rupees (US$1.07 million) equity stake in Sarla Aviation, a Bengaluru air taxi startup developing electric aircraft that take off and land vertically.
IndiGo Ventures Fund -I received 10 equity shares and 524 Series A1 compulsorily convertible cumulative preference shares, both issued at a premium, for a total investment of about 100 million rupees (US$1.07 million).
Founded in 2023, Sarla said it will use the money for operations, working capital, capital spending, and expansion, after raising about US$13.4 million, including a US$10 million Series A1 round in early 2025.
🔗 Source: YourStory
🧠 Food for thought
Implications, context, and why it matters.
IndiGo takes a two-track approach in India’s air taxi race
- IndiGo’s small stake in Sarla Aviation sits alongside a separate InterGlobe Enterprises plan. InterGlobe Enterprises, the parent group behind IndiGo, has a memorandum of understanding (MoU) with US-based Archer Aviation to partner on an all-electric air-taxi service in India, subject to regulatory approvals 1.
- Under the Archer arrangement, the plan includes financing the purchase of up to 200 piloted, four-passenger Midnight aircraft for India operations 1.
- The 100 million rupees (US$1.07 million) Sarla investment serves as a foothold in an Indian startup working on a different aircraft concept for the local market 2, 3.
Sarla backs a longer-range hybrid design and claims cheaper fares
- Sarla is building a hybrid-electric air taxi that uses a sustainable aviation fuel (SAF) tank to extend range up to 800 km. The design also targets shorter, fully electric urban hops 3.
- The added range supports trips beyond city-only routes and matches Sarla’s stated ambition to build a mass mobility system 2, 3.
- Sarla has described a six-passenger layout plus one pilot with a stated 680 kg payload. The company has said this could enable ticket prices four times lower than Western competitors, though this remains a company claim 2, 3.
- The company says its team includes engineers who previously worked at Lilium and Joby, both electric aircraft developers, Tesla, the electric vehicle maker, and Volocopter, an air taxi company 3.
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