Unimech Aerospace Secures ₹250 Crore Funding Ahead of IPO

Unimech Aerospace, a Bengaluru-based startup, has raised ₹250 crore from prominent investors as it prepares for its IPO. The latest funding round values the company at ₹3,250 crore.

• Funding Details: Investors include Steadview Capital Mauritius Ltd, ValueQuest, and Evolvence India.

• Industry Specialization: The startup excels in creating high-precision tools and components for the aerospace, defense, energy, and semiconductor industries, including aero-engines and airframes.

• Growth Trajectory: Since its 2016 inception, Unimech has scaled up from a five-member team to a company generating over ₹200 crore in revenue with 380 employees for FY 2023-24, all without external funding until now.

• Future Plans: The newly acquired funds will enhance Unimech’s strategic initiatives and operational efficiency, driving further expansion.

• Global Reach: Unimech serves top OEMs globally and has established itself as an export-oriented company with significant presence in the US, Europe, and the UK.

This significant investment marks a new chapter for Unimech Aerospace, setting the stage for its ambitious growth plans and reinforcing its position in the global manufacturing sector.