Rangsons Aerospace, a technology firm specializing in aerospace, defense, and homeland security, has raised Rs 300 crore ($36.5 million) in funding, led by ValueQuest Investment
Advisors, with Anand Rathi Advisors as the financial advisor.
The funds will be used to develop products and solutions for both commercial and military aviation markets worldwide and explore new growth opportunities through strategic acquisitions.
Part of the NR Group based in Mysore, Rangsons Aerospace operates three facilities in Bangalore and Mysore. Its product portfolio includes satellite communication systems, airborne thermal management, and fluid distribution solutions.
Rangsons is a tier I partner to major global aerospace companies like Boeing, GE, and Honeywell and also provides critical systems to Indian organizations such as ISRO, the Indian Navy, and HAL.
