Deepinder Goyal and Zomato ex-COO Surobhi Das Launch LAT Aerospace
In a significant development in the Indian startup ecosystem, Zomato CEO Deepinder Goyal and former COO Surobhi Das have come together to launch LAT Aerospace, an innovative aviation startup focused on revolutionizing regional air travel. The company is dedicated to developing low-cost, short takeoff and landing (STOL) aircraft, which will significantly enhance regional connectivity in India.
The startup has already received a significant boost with Goyal investing $20 million in LAT Aerospace. The company is now actively hiring experts in various fields, including engineering, operations, and marketing. Furthermore, LAT Aerospace is planning to raise an additional $50 million to further accelerate its growth and development.
The launch of LAT Aerospace marks a new chapter in the Indian aviation industry, which has been growing rapidly over the past few years. With the country’s regional connectivity scheme, Ude Desh Ka Aam Nagrik (UDAN), in place, there is a growing need for affordable and efficient air travel options. LAT Aerospace’s focus on low-cost, STOL aircraft will help bridge this gap, making air travel more accessible to millions of Indians.
LAT Aerospace’s innovative approach to aviation is driven by the insights gained from Goyal’s experience as the CEO of Zomato. Under his leadership, the food delivery company has disrupted the traditional food ordering landscape, and LAT Aerospace aims to replicate this success in the aviation industry.
Speaking about the launch of LAT Aerospace, Goyal said, “We believe that the current air travel landscape is not catering to the needs of the masses. With LAT Aerospace, we aim to change that. Our focus on low-cost, STOL aircraft will enable us to offer affordable and efficient air travel options to people across India, particularly in the regional areas.”
Surobhi Das, the former COO of Zomato, will be playing a key role in LAT Aerospace as the company’s CEO. With his extensive experience in the startup ecosystem, Das will be responsible for leading the company’s operations and strategy.
LAT Aerospace’s innovative approach to aviation is not limited to its focus on low-cost, STOL aircraft. The company is also investing heavily in technology, with a focus on developing an end-to-end digital platform for booking, check-in, and boarding. This will enable passengers to have a seamless travel experience, from booking their tickets to reaching their destination.
The company is also planning to set up a network of small airports and airstrips across India, which will enable passengers to travel to remote areas with ease. This will not only enhance regional connectivity but also create new job opportunities in these areas.
The aviation industry is one of the fastest-growing sectors in India, with the country’s domestic passenger traffic growing at a compound annual growth rate (CAGR) of 15%. With LAT Aerospace’s innovative approach to aviation, the company is well-positioned to capitalize on this growth and become a major player in the Indian aviation industry.
In conclusion, the launch of LAT Aerospace marks an exciting new chapter in the Indian startup ecosystem. With Goyal’s investment and Das’s leadership, the company is poised to revolutionize regional air travel in India. As LAT Aerospace continues to grow and develop, it will be exciting to see the impact it will have on the country’s aviation industry and the lives of millions of Indians.
Source: https://startuptalky.com/news/deepinder-goyal-surobhi-das-launch-lat-aerospace/
