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Jeh Aerospace Raises $11M to Enhance Aerospace Component Manufacturing in India
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1 year ago

Jeh Aerospace Raises $11M to Enhance Aerospace Component Manufacturing in India

Global

News Summary

Indian startup Jeh Aerospace, founded by former Tata Group executives Vishal Sanghavi and Venkatesh Mudragalla, has secured $11 million in Series A funding to address global supply chain bottlenecks in the aerospace industry. The startup focuses on scaling the production of metallic components for aero engines and aerostructures, supplying U.S.-based Tier 1 manufacturers linked to major aircraft producers like Airbus and Boeing. This investment round was led by Elevation Capital with participation from General Catalyst, following a strategic investment from IndiGo Ventures. Jeh Aerospace, based in Atlanta with manufacturing in Hyderabad, has innovated a software-defined manufacturing approach reducing lead times from 15 weeks to 15 days. The company, which achieved $6 million in annualized recurring revenue and profitability last year, plans to use the new funds to enhance its manufacturing and inspection capabilities with next-generation technologies, further establishing India as a key player in the global aerospace supply chain.

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