Aeron Systems Raises ₹45 Cr To Scale Navigation, Weather-Monitoring Systems

Pune-based deeptech company Aeron Systems has raised ₹45 Cr (about $4.7 Mn) in a pre-Series B funding round jointly led by Riverwalk Holdings and MGF-Kavachh (MountTech Growth Fund). The company plans to use the fresh capital to expand its manufacturing capacity for advanced inertial navigation systems, accelerate R&D, meet growing customer demand, and strengthen its presence in international markets. Founded in 2008 by Ashvani Shukla and Abhijeet Bokil, Aeron designs and manufactures inertial n