Commandité

IndiGo Ventures closes maiden fund of Rs 450 crore; to invest 'undisclosed amount' in Jeh Aerospace

IndiGo Ventures, the investment arm of IndiGo, has launched its initial fund with ₹450 crore, marking its first investment in Jeh Aerospace. This aerospace startup specializes in high-precision manufacturing for the aerospace and defense sectors. IndiGo's CEO, Pieter Elbers, emphasized the partnership's role in strengthening India's aviation ecosystem and promoting technological advancements.