Axirium Aerospace raises $3.5Mn in seed round led by Shastra VC and BEENEXT

Aerospace component manufacturing company Axirium Aerospace has secured $3.5 million in a seed funding round led by Shastra VC and BEENEXT.

The round also saw participation from angel investors including Ashish Gupta (ex-MD & Co-founder, Helion Advisors) and PVS Raju (Vice Chairman, AIG Hospitals).

The funds will be used to enhance precision manufacturing, grow engineering, quality, and operations teams, set up a production facility, strengthen supplier networks, expand global customer reach, and prepare for future Tier-1 and Tier-2 partnerships.

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Nishant Khurana, Co-founder & CEO of Axirium Aerospace, said, “At Axirium, our mission is to build world-class precision capabilities that not only meet global standards but redefine them. We are committed to becoming the partner of choice for our customers by consistently delivering precision, reliability, and value. This fundraise will enable us to expand capacity, deepen our engineering and manufacturing excellence, and build long-term partnerships that strengthen global supply chains.”

Vasant Rao, Managing Partner at Shastra VC, said, “Global Aerospace supply chains are undergoing seismic shifts, with India expected to see an outsized market share gain due to numerous advantages. The founding team’s 15+ years of domain excellence at TASL, coupled with its cutting-edge digital precision manufacturing capabilities, position Axirium very well to spearhead this change.”

Anirudh Garg, Partner at BEENEXT, said, “Axirium’s strong foundation in precision manufacturing and commitment to operational excellence position them uniquely to redefine the global aerospace ecosystem. Their disciplined approach, powered by lean processes, Six Sigma principles, and digital manufacturing, has enabled them to achieve world-class precision from the outset.  We are excited to partner with the team as they scale their capabilities and build a globally trusted brand in aerospace engineering.”

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About Axirium Aerospace

Founded in 2025 by Nishant Khurana (CEO), Neeraj Agarwal (CBO), and Piyush Agarwal (CCO), Axirium Aerospace is an aerospace component manufacturer. Its expertise includes precision machining, sheet-metal fabrication, tubing, and structural sub-assemblies, all supported by digital manufacturing, lean operations, and a quality-first approach. 

The company is developing a fully integrated global supply chain to deliver faster, more predictable, and highly consistent production for customers worldwide.

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