India, June 30 -- Zomato cofounder Deepinder Goyal is looking to tap the regional air travel sector with new venture LAT Aerospace.
In a recent LinkedIn post, the foodtech major's former chief operating officer Surobhi Das said that she and Goyal want to build LAT Aerospace to facilitate "high-frequency, low-cost and demand-based" regional air travel in India.
The startup is building STOL (short take-off and landing) and medium-haul aircraft to ease air connectivity in tier II and tier III cities.
"Think buses in the sky - affordable, high-frequency, and designed to connect the places the airline industry overlooked," the post added.
In March, Goyal infused $20 Mn (around INR 174 Cr) in the startup, which was then operating in stealth...
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