Zoho Corporation has invested in Yali Aerospace, which produces aviation and aerospace components. The company, which is situated in Thanjavur, specialised in offering drone solutions for medical, surveillance, and logistics purposes worldwide—a well-established Indian multinational technology company known for its cloud-based software solutions (SaaS) for businesses.
Solutions for precision farming, infrastructure inspection, and disaster relief are a few of its uses. Zoho CEO Sridhar Vembu (previously Twitter) revealed the financing on social media site X. Yali Aerospace was established in 2022 by Dinesh Baluraj and Anugraha Ganeshan.A Thanjavur-based startup specialising in drone technology for various applications, including medical deliveries, surveillance, and logistics. The company has created the Yali Network Bridge, which promises to transport medical supplies throughout India in less than 20 minutes.
This drone-based delivery network is being installed in public and private hospitals to facilitate the efficient distribution of essential medical supplies and enhance patient outcomes. Additionally, Yali Aerospace provides SkyBase (YNB), a drone hub that links hospitals to facilitate the transportation of medical supplies, AEDs, and organs. A single pilot can remotely operate and watch numerous drones from a distance, thanks to the company’s ground control station software (YMC).
About the investment
Zoho Corporation has invested significantly in Yali Aerospace, marking a notable entry into the burgeoning drone technology sector. While the exact amount of the investment has not been disclosed publicly, this strategic move highlights Zoho’s strong belief in the potential of drone technology, especially within the Indian context. By supporting Yali Aerospace, Zoho is expanding its own technological horizons and contributing to the advancement of innovative applications that drones can offer in various industries across India. This investment underscores Zoho’s commitment to fostering cutting-edge technologies and its confidence in Yali Aerospace’s vision and capabilities to revolutionise regional drone applications.
The Indian Commercial Drone industry research projects that between 2020 and 2026, the country’s commercial drone industry will expand at a compound annual growth rate (CAGR) of 12.4%.
Potential Impact of Zoho Corporation’s Investment in Yali Aerospace
Zoho Corporation’s investment may significantly accelerate Yali Aerospace’s growth and development in the drone technology industry. By utilising Zoho’s vast experience with software solutions, Yali Aerospace may improve its drone control and management systems, resulting in more advanced and dependable drone operations. By enabling quicker and easier access to medical treatment for underprivileged and isolated locations, this partnership has the potential to completely transform several Indian industries, most notably the healthcare industry. Combining cutting-edge drone technology with reliable software may guarantee the prompt delivery of essential medical supplies, enhancing patient outcomes and resolving logistical issues in remote areas. This collaboration may spur technological advancement and valuable applications, which would help several Indian companies.
