Raghu Vamsi Aerospace Group (RVAG), a Hyderabad-headquartered precision manufacturing and deep-tech company serving the aerospace, defence and energy sectors, announced on July 20, 2026, that it has raised $40 million, approximately ₹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 investor Ashish Kacholia.
The company said the capital will be used to expand manufacturing capacity across its facilities in India, the UK and the USA, accelerate development of its upcoming integrated manufacturing campus at Hardware Park near Hyderabad International Airport, and strengthen its Mission Systems and Deep-Tech & Autonomous Systems businesses. Norwest partner Shiv Chaudhary said, "Raghu Vamsi has created a uniquely integrated manufacturing platform trusted by leading aerospace and energy OEMs for its technical depth and disciplined execution. We look forward to working with the team scales and unlocks the next phase of value creation." Skegen Asset Management's Navin Roy Vallabhneni said, "Raghu Vamsi's breadth spanning precision manufacturing, mission systems and deep tech, sets it apart in India's aerospace and defence ecosystem. We look forward to supporting the team through its next phase of growth."
RVAG has operated for over two decades, growing into a global manufacturing platform with more than 1,200 employees and over ten facilities across three countries. Beyond contract manufacturing, the company develops propulsion systems and aircraft hydraulic components and subsystems for defence programmes, and its ARROBOT platform advances drone technologies and unmanned ground vehicles for India's armed forces.
