Unimech Aerospace raises Rs 250 crore ($30M) in private placement from Steadview, ValueQuest, and Evolvence, for expansion and an upcoming IPO.
Bengaluru-based Unimech Aerospace raised Rs 250 crore ($30 million) in a private placement round from Steadview Capital, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd. The funds will support the company's expansion plans and an upcoming IPO. Unimech specializes in manufacturing high-precision tooling for aero-engines, airframes, and components for the aerospace, defense, energy, and semiconductor industries.
July 24, 2024
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