Reported 25 days ago
Indian startup Jeh Aerospace has raised $11 million in Series A funding to enhance the production of metal components for aero engines and structures, addressing supply chain bottlenecks in the commercial aircraft sector. Founded by former Tata executives Vishal Sanghavi and Venkatesh Mudragalla, the company aims to position India as a key player in aerospace manufacturing, with a high-tech facility in Hyderabad and plans for scaling operations significantly. With a focus on deep relationships with Tier 1 and Tier 2 suppliers, Jeh Aerospace has already shown substantial growth, delivering over 100,000 components and aiming for a 3-4x increase in revenue this year.
Source: YAHOO