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Funding · Government, Defense & Space

Raghu Vamsi Aerospace raises $40M from Norwest and Skegen

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Date
Company
Raghu Vamsi Aerospace Group
What it does
Precision manufacturing and deep-tech company
Kind
Funding
Amount
$40M
Based in
Hyderabad
Founded
2000
Sector
Government, Defense & Space

What they do

Raghu Vamsi Aerospace makes precision components for aerospace, defence and energy sectors

What happened

It raised $40M led by Norwest and Skegen Asset Management, with Indus Bridge, GJNX and Ashish Kacholia participating

Why it matters

The funds will expand manufacturing in India, UK and USA and strengthen deep-tech and autonomous systems

The details

  • Raghu Vamsi Aerospace Group raised $40M (about ₹400 Cr) in a funding round.
  • The round was led by Norwest Venture Partners and Skegen Asset Management.
  • Indus Bridge Ventures, GJNX Ventures and Ashish Kacholia also participated.
  • The company will use the funds to expand manufacturing capacity in India, the UK and the USA.
  • It will accelerate its integrated manufacturing campus at Hardware Park near Hyderabad International Airport.
  • It will also strengthen its Mission Systems, Deep-Tech and Autonomous Systems businesses.

The bigger picture

  • Advanced hardware and tech startups raised $365M across 66 deals in H1 2026, with deal activity up 53% year-on-year and funding up 18%.
  • 61% of institutional investors said the India Semiconductor Mission (ISM 2.0) influenced their deeptech/hardware investment thesis.
  • Recent listings of Aequs and SEDEMAC Mechatronics, and Skyroot Aerospace raising $60M at unicorn valuation, show strong market momentum.

About the business

  • Raghu Vamsi Aerospace is a Hyderabad-headquartered precision manufacturing and deep-tech company.
  • It serves the global aerospace, defence and energy sectors.
  • It makes precision aero-engine components and sub-assemblies for OEMs like GE Aerospace, Collins Aerospace, Honeywell, Boeing, Safran and Pratt & Whitney.
  • Its energy customers include Baker Hughes, Halliburton, SLB and GE.
  • It offers end-to-end aerospace manufacturing under one roof: design, engineering, manufacturing, testing and assembly.
  • Capabilities include CNC machining, sheet metal fabrication, composites, electronics, software, gears, fasteners and NADCAP-approved special processes.
  • Its Mission Systems vertical develops micro turbojet engines, aircraft hydraulic pumps and missile subsystems for defence programmes.
  • Its Deep-Tech vertical uses the ARROBOT platform to advance drone technologies (IC and Jet based) and unmanned ground vehicles for India's armed forces.
  • The company has over 1,200 employees and over 10 facilities across India, the UK and the USA.
  • Its order book exceeds ₹2,500 Cr.

What happens next

  • Expand manufacturing capacity in India, UK and USA.
  • Accelerate the integrated manufacturing campus at Hardware Park near Hyderabad International Airport.
  • Strengthen Mission Systems, Deep-Tech and Autonomous Systems businesses.

The deal

Type
funding

Investors

  • Norwest Venture Partners (lead) — A global venture capital firm.
  • Skegen Asset Management (lead) — An asset management firm.
  • Indus Bridge Ventures (participated)
  • GJNX Ventures (participated)
  • Ashish Kacholia (participated) — An individual investor.

Founders

  • Sri G. Thrimurthulu, Founder (late)

About Raghu Vamsi Aerospace Group

Product
Precision engineered aerospace and defence components, propulsion systems and autonomous systems
Customers
Global aerospace OEMs, defence agencies and energy companies requiring precision components
How it makes money
Contract manufacturing for aerospace and defence with proprietary design and development capabilities
What sets it apart
Multi-capability manufacturing including composites, machining, electronics and integrated assembly

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