Accelerated Money For U (AMU) Enters Air Mobility Financing by Becoming Support Partner to TSAW Drones
TSAW Drones is a leading name in the drone technology space, offering innovative last-mile delivery using its latest drone fleet. AMU’s support will enable them to renew their efforts towards developing and displaying efficient and sustainable drone solutions across leading industries, including healthcare, logistics, and agriculture. The Indian drone market, projected to generate $27 million in revenue in 2024 and anticipated to record a robust annual growth of 5.96% between 2024 and 2028, will benefit significantly from strategic alliances like this headed by AMU.
Nehal Gupta, MD of AMU, expressed her thoughts on the development, sharing, “AMU’s partnership with TSAW Drones is a huge milestone for us as we step into the advanced air mobility space. I am beyond thrilled to witness how our powerful collaboration unfolds and its potential impact on the nascent UAV industry. AMU understands the transformative potential of drone technology and is proud to be a pioneer in debt financing and its journey. I am confident this timely push will revolutionize aerial logistics in India beyond our imagination and open more doors for its advancement.”
AMU is currently looking to expand its horizon into verticals like drones and buses and planning state-wide expansions across the country to strengthen its market presence. Through its new partnerships, the NBFC aims to contribute significantly towards the technological advancements in the EV and drone sector and support cutting-edge initiatives that help drive the nation towards green mobility and sustainability.
About Accelerated Money For U (AMU)
Established on September 24th, 1993, Accelerated Money For U (AMU) is an RBI-licensed NBFC headquartered in Delhi. Pioneering as India’s first women-led AI and tech-driven NBFC exclusively catering to the EV ecosystem, AMU aligns with the nation’s initiatives for self-employment and micro-entrepreneurship, particularly in Tier 2 and 3 cities. By supporting the alternate fuel-based transportation sector, the company strives to boost revenue generation for self-employed livelihoods and ensure sustainable growth.
As an esteemed player in the Banking, Financial Services, and Insurance (BFSI) industry for the past two decades, AMU continually expands its services into emerging sustainable mobility ecosystems. With a strong emphasis on customer service and satisfaction, the company takes pride in offering efficient and customer-centric financing solutions across its diverse product portfolio.
