IIMA Ventures (formerly IIMA-CIIE) led the pre-seed round for Nabhdrishti Aerospace, which brought in Rs 3 crore.
With the help of the new funds, the firm will be able to showcase its exclusive Fuel Flex technology by developing a Fuel Flex combustor prototype. This will mark a significant advancement in engine technology.
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The goal of Nabhdrishti Aerospace is to create domestic gas turbine engines, which aligns with the nation’s Atmanirbhar Bharat initiatives and the nation’s burgeoning manufacturing sector.
The fuel-flex products from Nabhdrishti Aerospace will hasten the transition to clean technology and new-era air mobility by burning sustainable fuels like green hydrogen.
About Nabhdrishti Aerospace
Nabhdrishti Aerospace was established in 2023 to design and develop small gas turbines by Rohit Chouhan and Arjun Srivatsa. Its products are intended for use in decentralised power production, hybrid electric urban air mobility, unmanned aerial vehicles, and cruise missiles.
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