Gas turbine engine designer Nabhdrishti raises Rs.3-Cr led by IIMA Ventures

Bengaluru-based deeptech startup Nabhdrishti Aerospace has raised INR 3 crore in its pre-seed round led by IIMA Ventures (Formerly IIMA-CIIE). The proceeds will be used to develop a fuel flex combustor prototype, which will enable the company to showcase the proprietary fuel flex technology.Founded in 2023 by Rohit Chouhan and Arjun Srivatsa, Nabhdrishti Aerospace will design and develop gas turbine engines, beginning with a 350 SHP turbo-prop engine for aviation and power generation use cases.