IndiGo Ventures makes first close of debut fund at Rs 450 Cr, invests in Jeh Aerospace

IndiGo Ventures, the corporate venture capital arm of airline company IndiGo, announced the first close of its maiden fund at Rs 450 crore.

IndiGo Ventures, launched in August 2024 with regulatory approval from SEBI to raise Rs 600 crore, is focused on investing in early-stage startups driving innovation in aviation and allied sectors. The fund targets companies at the pre-Series A to Series B stages, with an emphasis on long-term strategic alignment.

With the first close…