PE-VC Fund Investments
eVTOL startup Khageshvara raises pre-seed funding from Rukam Capital, others
Jaipur-based Khageshvara Aviation Technology has raised pre-seed funding from Rukam Capital, Finvolve, India Accelerator, ACIC-VGU, and MIETY.Founded in 2023, the startup develops indigenous electric vertical take-off and landing (eVTOL) cargo aircraft with payload capacities ranging from 5 kg to 400 kg for defence logistics, emergency response, disaster relief, medical supply delivery, and remote connectivity in difficult terrains. The firm plans to use the funds to complete product development, accelerate field testing, build an interim cargo platform, and advance certification milestones.
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