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IndiGo's Startup Investment Arm Picks Jeh Aerospace as First Bet

IndiGo's Startup Investment Arm Picks Jeh Aerospace as First Bet

IndiGo's investment in an aerospace startup is a sign that Indian aviation is slowly beginning to think about its long-term independence and technological depth. It signals a shift in how India might eventually build more of the parts that keep its skies moving.

IndiGo on Wednesday announced it has invested in Hyderabad-based startup Jeh Aerospace as its first bet through IndiGo Ventures, a fund aimed at backing early-stage startups in aviation and related industries.

The Indian carrier got regulatory approval last October to launch the fund and has raised INR 4.5 billion ($52.5 million) so far out of an expected INR 6 billion ($70 million).

IndiGo said it wants to back companies that can solve operational headaches and help the airline reduce dependence on global supply chains.

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