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Rangsons Aerospace Secures 300 Cr Funding in ValueQuest-Led Round
Rangsons Aerospace, an aerospace and defense startup, has raised Rs 300 crore ($36.5 million) to expand its operations and market reach. The funding round was led by ValueQuest Investment Advisors, with Anand Rathi Advisors as the financial advisor. The company plans to use this investment to meet the rising demand for its products in both commercial and military aviation. It also aims to enter new business areas through strategic acquisitions. Rangsons Aerospace, part of the NR Group, is a key supplier to global companies like Boeing and Honeywell, as well as Indian organizations like ISRO and the Indian Navy. What...
