Jeh Aerospace Inc. has raised $11 million in its Series A fundraise, led by Elevation Capital, with participation from existing investor General Catalyst as well as from Indigo Ventures, the venture capital arm of InterGlobe Aviation Limited (IndiGo).
Saraf and Partners represented Jeh Aerospace on this fundraise. The Firm advised on all aspects of the transaction, including aspects of the cross-border structuring, drafting, negotiation, and finalization of various definitive agreements.
The transaction team was led by Vaibhav Kakkar (Senior Partner), Snigdhaneel Satpathy (Partner) and Debarpan Ghosh (Partner).
Cooley LLP served as the US counsel of Jeh Aerospace.
Shardul Amarchand Mangaldas & Co served as the Indian counsel of lead investor Elevation Capital, as well as existing investor General Catalyst.
The transaction team was lead by Manish Gupta (Partner) and Nikita Goyal (Partner), with support from Ayush Singh (Senior Associate) and Ananya Vajpeyi (Associate).
Goyal (Partner), along with Ankita Kumar (Partner), Aditya Mitra (Principal Associate), Vivek Tiwari (Senior Associate), Konark Deep Singh (Senior Associate), and Associates Ananya Vajpeyi, Tanya Srivastava, and Mannshree Sikchi.
Goodwin Procter LLP served as the US counsel of lead investor Elevation Capital.
Jeh Aerospace Inc. is a cutting-edge aerospace manufacturing startup headquartered in Atlanta and operating out of Hyderabad.
The capital infusion will support Jeh Aerospace in scaling its manufacturing capabilities, establishing new factories, and expanding its workforce. The Company has already secured long-term commercial contracts worth $100 million from global aerospace players, with Saraf and Partners also advising Jeh Aerospace on the negotiation and finalization of these strategic agreements.
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