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Vinata Aeromobility plan to raise funds for futuristic urban air mobility

Chennai (Tamil Nadu) [India], March 17 (ANI/PRNewswire): Flying car manufacturer Vinata Aeromobility is gearing up to raise funding of USD one million for the initial product development phase & USD ten million in the next three years to bring to fruition the company s vision to revolutionize urban transportation. With flying car ventures around the world attracting the attention of big names like GM and United Airlines, Vinata Aeromobility also intends to fill the gaps when it comes to sustainability, user convenience, and hassle-free mobility system. By 2030, an estimation of 60 per cent of the world s population will be living in urban areas, and roads need to make space for over 1.6 billion vehicles. This, of course, will raise demand for a sustainable solution to transportations and this is where Vinata Aeromobility will put forward its services and introduce flying cars.

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