Sarla Aviation raises funding from Campus Fund

Sarla Aviation, an urban air mobility startup focusing on electric vertical take-off and landing vehicles (eVTOLs) or flying taxis, has raised funding from Campus Fund, according to a press note. In the round, Theia Ventures also participated, the company said.

The startup plans to use the funding to propel Sarla's development efforts, enabling testing and validation, and advancing the company towards commercialising its product.

“Amidst congested urban infrastructures, the urban air mobility market unveils a vast segment ripe for innovation. It is highly encouraging to witness student innovators daring to redefine urban transportation from the ground up. Equally motivating is to see Non-Indian Students choosing India to build their startups," said Richa Bajpai, founder of Campus Fund.

Sarla Aviation offers operational flexibility, enabling either direct fleet management or providing advanced aircraft to industry leaders keen on entering the urban air mobility sector, including aviation giants like Air India and IndiGo, as well as ride-sharing operators such as Uber and Ola.

"The urban air mobility market presents a tremendous opportunity to reshape how we navigate cities and beyond. With this pre-seed funding, we take a significant stride towards realising affordable air taxis, engineered for deployability and operational efficiency, particularly in emerging markets," said, Adrian Schmidt, co-founder and CEO of Sarla Aviation.