IndiGo Ventures, IndiGo’s corporate venture capital arm, takes flight; makes debut investment in Jeh Aerospace

 

IndiGo Ventures, the corporate venture capital arm of IndiGo, has announced the first close of its maiden fund at ₹450 crore. IndiGo Ventures, launched in August 2024 with regulatory approval from SEBI to raise ₹600 crore, is focused on investing in early-stage start-ups driving innovation in aviation and allied sectors. The fund targets companies at the pre-Series A to Series B stages, with an emphasis on long-term strategic alignment.

This first close and investment marks a significant step in IndiGo’s broader innovation agenda—combining operational expertise with capital to empower entrepreneurs solving critical challenges in aerospace and related domains.

Coinciding with this milestone, the firm has also approved its first investment in Jeh Aerospace (for an undisclosed amount), one of the fastest growing aerospace start-ups focused on high-precision aerospace and defence manufacturing.

Within its first year of operations, Jeh Aerospace has scaled to a 100-member team of specialised engineers and technicians, delivered 100,000 flight-critical aero engine components and precision tools meeting AS9100 standards, and secured $100 million in long-term contracts with global aerospace companies.

Mr Pieter Elbers, Chief Executive Officer at IndiGo, said: “At IndiGo, we are driven by a vision of connecting India to the world and making it a global aviation hub. Through IndiGo Ventures, we are excited to partner with Jeh Aerospace, a home grown brand that shares our vision and spirit of strengthening the Indian aviation ecosystem. By combining our technical expertise and global footprint, this partnership will propel use of next-generation technology in the aerospace and aviation sector. This investment also strengthens the Indo-US aerospace ties, advances Make-in-India and accelerates innovation, contributing to realising India’s potential to become a global aerospace and aviation hub.”

Jeh Aerospace - Strengthening India-US aerospace manufacturing linkages 

Jeh Aerospace is a Hyderabad-based start-up reimagining aerospace component supply chains through precision engineering, 

cost-efficient manufacturing and seamless digital integration.

Despite India being one of the world’s fastest-growing aviation markets, the country is still a small player in the global aerospace manufacturing industry, highlighting a significant gap in domestic manufacturing capacity.

Jeh will deploy the investment to scale its advanced digital manufacturing infrastructure, enhance its AI-driven production optimisation and deep supply chain integration platforms, and attract world class engineering and production talent.

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