Jeh Aerospace is a new local startup that started three years ago. Weighing $110 million, Aequs has raised its Series A funding with initiatives to improve the commercial aircraft supply chain in India. Armed with this new investment, the company is poised to make a serious mark in the aerospace component supply chain. Most importantly, it will focus on shortening lead times and increasing production efficiencies.
While we are based in Atlanta, Georgia, home of the pioneering aerospace and defense hub, we can focus where our U.S. Its main business is operating a precision manufacturing tick-tock, state-of-the-art 60,000-square-foot micromachining mill in Hyderabad, India. This detailed facility runs on precision machinery and robotics to make operations as efficient as possible. As a result, it reduces product introduction lead times from 15 weeks to only 15 days.
The founders of Jeh Aerospace, Vishal Sanghavi and Venkatesh Mudragalla, both have a wealth of experience inside the commercial aircraft industry. They’ve seen, in real-time, the increasing production bottlenecks affecting the industry and have made it their mission to tackle these issues. Jeh Aerospace’s advisory board includes members with deep ties to commercial aircraft Original Equipment Manufacturers (OEMs). Taken together, this again places them in an excellent position to lead the way on meaningful progress for the industry.
Jeh Aerospace has opened a Center for Aerospace Skill Training. Under the aegis of ‘Atmanirbhar Bharat’, this initiative encourages the cultivation of skills and talent in India. This initiative aims to equip a skilled workforce for the aerospace sector, further enhancing the country’s position as a viable manufacturing destination.
Jeh Aerospace’s machine capacity exceeds 250,000 hours annually, allowing it to deliver more than 100,000 flight-critical components and tools promptly. That last fiscal year, the young company did it with an impressive annualized recurring revenue (ARR) of $6 million. They had jubilantly announced profitability after taxes! It’s been impressive to see their order book at $100 million and growing. This year, it expects to see 3-4x growth in annual recurring revenue (ARR).
Today, Jeh Aerospace has a half dozen, paying commercial customers under their umbrella—including household names like GS Precision and RH Aero. Sanghavi underscores the company’s smart, long-term thinking on customer acquisitions and retention, saying,
“What we believe is that to work with lesser, but better customers, not to have a transactional relationship, but a far deeper and meaningful relationship. So, we are also very, very focused on not having too many customers.”
Jeh Aerospace stays focused on quality over quantity in its customer interactions. This strategy has allowed the homegrown company to establish deep, lasting relationships that lead to shared successes and progress. The startup’s ambitious plans include scaling operations and positioning India as a leading hub for aerospace component manufacturing.
“At Tatas, we unlocked India’s potential for these large OEMs, Boeing, Airbus, Sikorsky, and GE [General Electric], but we wanted Jeh Aerospace to unlock India’s potential for the large Tier 1 and Tier 2 manufacturers in the supply chain.”
By focusing on quality over quantity in its customer engagements, Jeh Aerospace aims to foster long-lasting partnerships that drive mutual growth. The startup’s ambitious plans not only include scaling operations but also positioning India as a leading hub for aerospace component manufacturing.