IndiGo Ventures closes maiden fund of Rs 450 crore; to invest 'undisclosed amount' in Jeh Aerospace
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IndiGo Ventures, the investment arm of IndiGo, has launched its initial fund with ₹450 crore, marking its first investment in Jeh Aerospace. This aerospace startup specializes in high-precision manufacturing for the aerospace and defense sectors. IndiGo's CEO, Pieter Elbers, emphasized the partnership's role in strengthening India's aviation ecosystem and promoting technological advancements. What's Your Reaction?
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