India, Jan. 31 -- Aerospace components manufacturer JJG Aero has secured $30 Mn (INR 275 Cr) in its Series B round from investment firm Norwest.
The fresh funds will be deployed primarily to build JJG Aero's upcoming facility in North Bengaluru, boost vertical integration, and support other strategic initiatives.
Founded in 2008 by Anuj Jhunjhunwala, JJG Aero manufactures seating and cargo systems for planes, landing gear, air management systems, and electric systems. It counts the likes of Boeing, Pratt & Whitney, Liebherr, Collins, and Safran among its clients.
JJG Aero also manufactures automotive and industrial equipment via a subsidiary at its Jigani unit in Karnataka. The company inaugurated its first dedicated aerospace manufact...
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