1. ePlane, a startup originated at IIT Madras, is developing a prototype of a flying taxi.

1. The electric vertical takeoff and landing (eVTOL) prototype has a range of over 200 km on a single charge.

1. The taxi is 10 times faster than cars and can carry two passengers at a time.

The vehicle is piloted now, but autonomous technologies will eventually be available.

The cost of a single journey for each passenger is expected to be double that of a standard Uber cab for a similar distance.

The company raised about $1 million (about Rs. 8 crore) to create the vehicle.

The flying taxi could be a viable mode of transportation, although it will cost more than regular taxis.

The environment will also be impacted by the introduction of aerial taxis.

The ePlane startup is based in India.

The flying taxi prototype has a top speed of 200 kmph and weighs about 200 kg.