LogiXair, a Hyderabad-based aerospace startup, raises seed funding from GrowthCap Ventures and Honeywell Aerospace angels to build autonomous aerial cargo networks.
PRIVATEOct 21, 2026
Round Type
Seed
HyderabadTransportationAerospaceLogistics
Investors
Honeywell Aerospace AngelsGrowthCap Ventures
Description
LogiXair, founded by Bhanu Teja Chidura and Pulla Kapil, has closed seed funding from GrowthCap Ventures, an early-stage DeepTech VC firm, alongside angel investors with Honeywell Aerospace backgrounds. The company develops autonomous hybrid-electric VTOL aircraft for cargo logistics across India and international markets. LogiXair has validated TRL 6 technology, built six IP assets, and is engaged with DRDO for testing against real operational requirements. The funding will support the development of the L560, an autonomous hybrid-electric VTOL capable of carrying up to 300 kg over 600 km.
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Company Information
Company
LogiXair
Location
Hyderabad, Telangana, India
About
LogiXair is a Hyderabad-based aerospace startup developing autonomous hybrid-electric VTOL aircraft for cargo logistics. The company has validated TRL 6 technology, built six IP assets, and is engaged with DRDO for autonomous aerial logistics solutions. Their L560 platform carries up to 300 kg over 600 km distances, serving India's short-haul cargo movement between metros and Tier II/III cities. The engineering team combines expertise in aerospace, autonomous systems, robotics, and software with commercial technology experience.
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HyderabadTransportationAerospaceLogistics