Raghu Vamsi Aerospace bags $40M to expand manufacturing, defence tech

Hyderabad-based Raghu Vamsi Aerospace Group, a precision manufacturing and deeptech company serving the aerospace, defence and energy sectors, has raised $40 million (~ Rs 400 crore), in a Series B funding round led by growth equity investor Norwest and Skegen Asset Management. The round also drew participation from defence-focused IndusBridge Ventures, GJNX Ventures, and investor Ashish Kacholia. The capital will be used to expand its manufacturing footprint across India, the United Kingdom, an