General Catalyst Leads Funding Round with Participation from Industry Veterans
Bengaluru, NFAPost: In a significant development for the aerospace and defence manufacturing sector, Jeh Aerospace Ltd. has successfully raised $2.75 million in seed funding, with General Catalyst leading the funding round. Notable contributions also came from industry veterans, including former Airbus India CEO Dwarakanath Srinivasan and the former president of Boeing India Pratyush Kumar.
Founded by Vishal R Sanghavi, former COO of Tata Boeing Aerospace, and Venkatesh Mudragalla, a former senior executive at Tata Sikorsky Aerospace Ltd, Jeh Aerospace specializes in providing advanced manufacturing solutions to the aerospace and defence (A&D) industry. The secured funds will be instrumental in enhancing the company’s infrastructure, fostering growth, and positioning it for future opportunities.
As the aerospace and defence sector experiences a post-Covid resurgence in demand, Jeh Aerospace acknowledges the challenges on the supply side. Leveraging its scalable facilities and established supplier networks, the company has gained significant traction with global customers. The infusion of funding will play a crucial role in addressing supply constraints, improving delivery capabilities, and supporting the overall growth trajectory of Jeh Aerospace.
This funding round not only signifies confidence from industry leaders but also highlights the potential of Jeh Aerospace to meet the evolving needs of the aerospace and defence manufacturing landscape.