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Food delivery platform Zomato's founder, Deepinder Goyal, is planning to start a new venture in the airspace segment. According to a report by the PTI news agency, LAT Aerospace co-founder Surobhi Das, the entrepreneurs are building a "system" to refine the regional air travel in the country.
In a LinkedIn post, Das wrote about how Goyal questioned the "broken, expensive, and infrequent" regional air travel.
"While building Zomato and flying across India, Deepinder and I kept circling back to the same question: Why is regional air travel still so broken, expensive, infrequent, and mostly out of reach unless you live in a metro?" Das wrote.
The former Chief of Staff to Goyal mentioned that India has more than 450 airstrips, but only 150 see commercial flights. Also, millions in Tier 2 and 3 cities spend hours and days travelling by road or rail.
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After brainstorming to improve the crooked regional air travel system, Das and Goyal decided to build LAT Aerospace.
"Think buses in the sky — affordable, high-frequency, and designed to connect the places the airline industry overlooked. Our aircraft will take off and land in compact “air-stops” — no bigger than a parking lot — built closer to where people actually live. No chaos. No security lines. Just walk in and fly," Das wrote.
LAT Aerospace has invited an engineer, a systems designer, and a flight nerd to come aboard. The startup founder said they are building a future of mass aviation, powered by next-generation aircraft that will 24 24-seaters, with affordable fares. "Our aircraft will take off and land in compact 'air-stops' no bigger than a parking lot," according to LAT Aerospace.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.