The Chennai Angels Backs LogiXair to Take India's Logistics to the Skies
Aug 10, 2026
Chennai (Tamil Nadu) [India], August 10: The Chennai Angels (TCA), one of India's leading angel investment networks, has announced an investment in LogiXair, a Hyderabad-based aerospace and logistics technology company building automated, hybrid-electric VTOL aircraft for middle-mile cargo movement. The round also saw participation from the Kerala Angel Network and Lead Angels.