India's Bumble Bee raises $37m to make autonomous air taxis

Bengaluru-based startup plans to launch prototype in April

20221214 general drone pic

Morgan Stanley predicts the global urban air mobility market will grow 30% annually between 2021 and 2040, reaching $1.5 trillion by 2040. © Reuters

VIBHUTI SHARMA, DealStreetAsia

NEW DELHI -- Indian air mobility startup Bumble Bee Flights on Tuesday said it has raised $37 million from U.K.-based technology conglomerate SRAM & MRAM Technologies and Resources.

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