Norwest Capital Co-Leads $40 Mn Round In Raghu Vamsi Aerospace

Hyderabad-based aerospace and defence manufacturing company Raghu Vamsi Aerospace Group (RVAG) has raised $40 Mn (about ₹400 Cr) in a funding round led by Norwest and Skegen Asset Management. The round also saw participation from Indus Bridge Ventures, GJNX Ventures, and investor Ashish Kacholia. The fresh capital will be used to expand the company’s manufacturing capacity across its facilities in India, the UK and the US, speed up the development of its integrated manufacturing campus at Hardwa