Raghu Vamsi Aerospace Group raises $40 Mn led by Norwest, Skegen Asset Management

Raghu Vamsi Aerospace Group (RVAG) raised $40 million in Series B funding co-led by Norwest and Skegen Asset Management.

RVAG provides end-to-end aerospace manufacturing capabilities including design, engineering, manufacturing, testing, and assembly.

Funds will be used to expand manufacturing capacity in India, UK, and US, and to accelerate development of an integrated manufacturing facility.

RVAG supplies components to global aerospace OEMs such as GE Aerospace, Pratt & Whitney, Honeywell, Safran, and Collins Aerospace.

The company also develops deeptech products like micro turbojet engines, missile subsystems, and autonomous platforms for the Indian armed forces.