Funding · Government, Defense & Space

Aadyah Aerospace raises ₹31.5 crore in Series A

What they do

Aadyah Aerospace builds propulsion, avionics and guidance systems for space and defence

It raised ₹31.5 crore in Series A led by Helios Holdings, with angel Meenu Sharma participating

The company plans to use the funds to acquire a US-based target and for working capital

Aadyah Aerospace raised ₹31.5 crore ($3.3 million) in a Series A round.
The round was led by Helios Holdings (Suraj Nalin) with an investment of ₹30.5 crore.
Angel investor Meenu Sharma participated with ₹1 crore.
The company issued 30,92,176 Series A CCPS (compulsorily convertible preference shares) at ₹101.87 per share.
The post-money valuation is approximately ₹206 crore ($21.6 million), a 26% increase from the pre-Series A valuation of ₹163 crore.
Proceeds will fund the acquisition of a US-based target, working capital, and business operations.
Total capital raised to date is over $8.4 million from SiriusOne, Keiretsu Forum, and individual angels.

India's spacetech ecosystem recently saw its first unicorn, Skyroot Aerospace, after a $60 million round.
Other spacetech startups like Xovian Aerospace raised $2 million and SatLeo Labs raised $2.2 million in seed funding.
Aadyah Aerospace's valuation increase of 26% signals growing investor confidence in the sector.

Aadyah Aerospace develops mission-critical systems for space, launch vehicles, and defence.
Its products include propulsion, avionics, guidance/navigation, and electro-mechanical actuators.
The company was founded in 2016 by former ISRO scientists and aerospace veterans.
In FY25, operating revenue was ₹14.12 crore, down 9% from ₹15.53 crore in FY24.
The company posted a profit of ₹1.47 crore in FY25, compared to a loss of ₹35 lakh in FY24.

Product: Rocket propulsion components and guidance systems for aerospace applications
Customers: Aerospace and defense agencies and commercial space companies
How it makes money: Hardware manufacturing and component supply for aerospace sector