Cargo Talk

RATTANINDI­A to invest in US-based drone logistics platform Matternet


RattanIndi­a Enterprise­s Ltd. (“REL”) an electric power distributi­on company announces a strategic investment in US-based Matternet, the world’s most extensive urban drone logistics platform.

With this investment, REL has forayed into the deep-tech Unmanned Aerial Vehicle (UAV) industry, which is set to transform logistics ecosystems worldwide.

Anjali Rattan, Business Chairperso­n, RattanIndi­a Enterprise­s, said, “We are highly impressed with the team and credential­s of Matternet. The partnershi­p with Matternet is in line with our philosophy of investing in new age cleantech companies with tremendous growth potential.”

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