High-Flying Innovation: IndiGo Ventures Invests in Jeh Aerospace

IndiGo Ventures, the venture capital arm of India’s largest airline IndiGo, has announced its first investment in Bengaluru-based aerospace component manufacturer Jeh Aerospace for an undisclosed amount.

This marks the maiden deployment from IndiGo Ventures’ ₹450 crore fund, launched in August 2024 with SEBI approval to raise up to ₹600 crore. The fund focuses on early-stage startups driving innovation in aviation and allied sectors. “This first close and investment represents a key milestone in IndiGo’s broader innovation agenda—combining operational expertise with capital to empower entrepreneurs solving critical challenges in aerospace and related domains,” the company said in a statement.

Founded in 2022 by aerospace veterans Vishal R Sanghavi and Venkatesh Mudragalla, Jeh Aerospace will use the funding to expand its digital manufacturing infrastructure, enhance AI-driven production optimization, strengthen supply chain integration, and grow its engineering team. “We are building the country’s first smart factory focused on aerospace manufacturing. From day one, we aimed to be a data-driven organization,” said co-founder Venkatesh Mudragalla.

Jeh Aerospace currently employs 100 engineers and technicians, has delivered over 100,000 flight-critical aeroengine components, and supplies precision parts to US-based GS Precision, operating to AS9100 aerospace quality standards.

News by Rahul Yelligetti.