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Raghu Vamsi Aerospace Group (RVAG), a Hyderabad-headquartered precision manufacturing and deep-tech company, has raised USD 40 million (approximately INR 400 crore) in its latest funding round. The round was led by Norwest and Skegen Asset Management with participation from Indus Bridge Ventures, GJNX Ventures and noted investor Ashish Kacholia.
RVAG aims to use the fresh capital to expand manufacturing capacity across India, UK and USA facilities, along with accelerating the development of its upcoming integrated manufacturing campus located at Hardware Park near Hyderabad International Airport.
The group has ten facilities across three countries. It manufactures precision aero-engine components and sub-assemblies for leading global OEMs, including GE Aerospace, Collins Aerospace, Honeywell and Safran, while also serving global energy companies such as Baker Hughes, Halliburton, SLB and GE. The company says its current order book exceeds INR 2,500 crore.
RVAG also offers end-to-end aerospace manufacturing, spanning design, engineering, manufacturing, testing and assembly. Other offerings include CNC machining, sheet metal fabrication, composites, electronics, gears, fasteners and NADCAP-approved special processes.
“This investment is a strong vote of confidence in what our team has built over the last two decades, a fully integrated, home-grown manufacturing platform that global aerospace, defence and energy leaders trust with mission-critical work. It allows us to scale capacity across our India, UK and USA operations; accelerate our Hardware Park campus and deepen our investments in Mission Systems and Autonomous Systems,” said Vamsi Vikas, Managing Director, RVAG.
“Our growth has always been guided by the values of our founder, Late Sri G. Thrimurthulu, who built this company on reliability, integrity and empathy toward every stakeholder we serve. This round strengthens our ability to invest in our people, our technology and our talent pipeline as we prepare for the next phase of scale,” added Siva Arvinth, CEO, Raghu Vamsi Aerospace Group.
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