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IndiGo Ventures, the corporate venture capital arm of India’s largest airline IndiGo, has announced the first close of its maiden fund at Rs 450 crore.
The fund, launched in August 2024 with Sebi’s approval to raise up to Rs 600 crore, focuses on early-stage startups in aviation and related sectors, targeting pre-Series A to Series B stages.
Alongside the first close, IndiGo Ventures has made its debut investment in Jeh Aerospace, a Bengaluru-based aerospace and defence manufacturing startup. The investment amount was not disclosed.
Jeh Aerospace,…
