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Zomato’s Deepinder Goyal Eyes Regional Aviation Venture With LAT Aerospace

  • Zomato cofounder Deepinder Goyal is venturing into the regional air travel sector with LAT Aerospace to offer high-frequency, low-cost air travel in India.
  • LAT Aerospace aims to use short take-off and landing (STOL) aircraft to connect tier II and tier III cities by converting underutilized airstrips into small 'air-stops'.
  • Goyal has invested $20 million in LAT Aerospace, which focuses on solving the issue of underutilized airstrips in the country to improve regional air travel accessibility.
  • The Indian aviation market, particularly in regional air travel, presents a lucrative opportunity for startups like LAT Aerospace amid increasing focus on improving air connectivity in tier II and tier III cities.

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