Steadview Capital Mauritius Limited, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd invest via private placement route.
MUMBAI/ BENGALURU July 24 (The CONNECT) – Bengaluru-based Unimech Aerospace has raised Rs 250 crore from prominent investors Steadview Capital Mauritius Limited, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd at a post-money valuation of Rs 3,250 crores, as a part of the Company’s private placement round. Anand Rathi Advisors provided advisory services for this transaction.
Unimech Aerospace specializes in manufacturing of high precision tooling for aero-engines and airframes, along with complex high precision components, assemblies, and electro-mechanical turnkey systems for the aerospace, defence, energy, and semiconductor industries. Their advanced capabilities and commitment to quality make them a trusted partner for some of the global OEMs and Tier 1s in the industry.
Anil Puthan, Chairman and Managing Director of Unimech Aerospace, said, the investment will enable the company to pursue both organic and inorganic growth, enhancing the Build to Print and Build to Spec solutions.”
Unimech Aerospace is a key link in the global supply chain and provides high precision engineering solutions, focusing on complex manufacturing, machining, and custom product development across industries such as aerospace, energy, defense, and semiconductors.
Pushkar Jauhari, MD & Head – Private Equity at ValueQuest said the firm believes we in Unimech’s long-term success
Abhishek Chandra, Managing Director at Evolvence India, said, the company believes in Unimech’s efficient, high-value manufacturing model.
Puneet Kumar, Managing Director at Steadview, noted that the founders’ journey represents a new generation of Indian entrepreneurs who combine bold ambitions with prudent business building.
Key clients include top aerospace, energy, defence and semiconductor OEMs. With diverse capabilities, Unimech Aerospace has also established itself as an export-oriented company with a robust presence in the USA, Europe, and the United Kingdom.