IndiGo's venture capital fund, focused on early stage start-ups in aviation and allied sectors, raised ₹450 crore and made its first investment in aviation start-up Jeh Aerospace.
Jeh Aerospace, founded by industry veterans Vishal Sanghavi and Venkatesh Mudragalla, specializes in manufacturing high precision aerospace and defense products, securing $100 million in long-term contracts within a year.
The investment will be used by Jeh Aerospace to scale its digital manufacturing infrastructure, enhance AI-driven production optimization, integrate supply chains, and attract top engineering talent.
This move is expected to strengthen Indo-US aerospace relationships, support Make in India initiatives, and drive innovation in the aviation sector.