Funding · Professional & Local Services
JJG Aero raises $30 million in Series B funding
By Startup Enthusiast ·
- Date
- Company
- JJG Aero
- What it does
- Aerospace component manufacturer
- Kind
- Funding
- Amount
- $30 million
- Stage
- Series B
- Based in
- Bangalore
- Founded
- 2008
What they do
JJG Aero manufactures high-precision machined components for aerospace engines and systems
What happened
The company secured $30 million led by Norwest to expand capacity at its North Bangalore facility
Why it matters
This brings total funding to $42 million as India becomes a key manufacturing partner for global OEMs
The details
- JJG Aero has secured $30 million in Series B funding from Norwest.
- This investment marks the company's latest capital raise in its growth journey.
- The total amount raised by JJG Aero now stands at $42 million cumulatively.
- Previous funding included a $12 million Series A round led by CX Partners in April 2024.
- Veda Corporate Advisors acted as the sole transaction advisor for this deal.
- JJG Aero specializes in producing high-precision machined components for the aerospace industry.
- The company serves major global clients including Collins Aerospace, Safran, and GE Aerospace.
- JJG Aero is expanding its operations with a new facility in North Bangalore.
The bigger picture
- India is emerging as a reliable manufacturing partner for global original equipment manufacturers (OEMs).
- Make In India incentives are driving demand within the aerospace supply chain.
- Competitors like Aequs and Jeh Aerospace have also seen significant recent activity.
- Aequs went public in December 2025 after raising INR 670 Cr.
- Jeh Aerospace raised $11 million in Series A funding led by Elevation Capital in August 2025.
About the business
- JJG Aero produces seating, cargo, landing gear, and air management systems for aircraft.
- The company utilizes 2-axis to 5-axis machining capabilities for complex component manufacturing.
- It holds over 30 NADCAP-approved special processes including electroplating and anodizing.
- JJG Aero operates a subsidiary manufacturing auto components and industrial parts in Jigani, Karnataka.
- The company reported a 35% CAGR growth over the last three years.
- JJG Aero inaugurated its first dedicated aerospace facility in 2019.
- Current operations span two one-acre sites before moving to the new larger facility.
- The business model relies on supplying critical parts to top-tier global aerospace brands.
What happens next
- JJG Aero plans to build and add capacity at its upcoming North Bangalore facility.
- The company aims to achieve vertical integration through these strategic initiatives.
- Expansion involves moving from two small sites to a massive Unit 3 on a 10-acre site.
The deal
- Type
- Series B
Investors
- Norwest (lead) — Venture capital firm leading the Series B round.
Founders
- Anuj Jhunjhunwala, CEO
About JJG Aero
- Product
- Precision-machined parts, seating, cargo, landing gear, air management, and engine components with special process finishing.
- Customers
- Global aerospace and defense OEMs and Tier 1 suppliers including Boeing, Safran, Collins Aerospace, and GE.
- How it makes money
- Contract manufacturing and build-to-print machining with specialized surface treatment and testing services.
- What sets it apart
- Fully integrated manufacturing capabilities offering end-to-end machining and in-house NADCAP-accredited special finishing.
- Operations
- Manufacturing facilities in Bengaluru including a dedicated aerospace site and upcoming 200,000 sq ft North Bengaluru plant.
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