Jeh Aerospace Raises $2.75 Million In Seed Round Funding From General Catalyst
Summary
Additionally, aerospace industry veterans, including Pratyush (Prat) Kumar, former president of Boeing India, and Dwarakanath Srinivasan, former CEO and MD of Airbus India, participated in the round as angel investors.Jeh Aerospace aims to play a meaningful role in solving global supply chain constraints plaguing the industry. The funds will be deployed to build infrastructure, fuel growth, and a team to transform the supply chain experience for international aerospace customers.The industry confronts several significant challenges that impact its reliability and resilience. We are excited about our upcoming journey and thank all our investors for supporting our tryst with entrepreneurship," they stated.The co-founders Vishal R Sanghavi (ex-COO of Tata Boeing Aerospace Limited) and Venkatesh Mudragalla (ex-head of program management and operations of Tata Sikorsky Aerospace) played a crucial role over the last decade in unlocking Indias potential for marquee OEMs like Boeing, Lockheed, Sikorsky, GE, Pilatus, etc.They founded Jeh Aerospace to help a large base of global tier 1 and 2 manufacturers leverage Indias capabilities, capacities, and cost competitiveness and develop a reliable and resilient supply base in a hassle-free manner. Working for years in the US-India corridor has helped both founders prepare for a more robust and adaptable aerospace supply chain capable of withstanding various challenges and uncertainties.Anand Chandrasekaran, partner of General Catalyst, said that since his introduction to Vishal and Venky, they have been captivated by the duos ambitious drive, unwavering commitment to excellence, and dedication to responsible innovation. Their strategic focus on addressing the critical challenges faced by Tier-2 and 3 aerospace suppliers in the US through leveraging Indias dynamic labor pool and manufacturing strengths in the India-US corridor we think is commendable," he added.