PE Fund Investments

Rangsons Aerospace bags Rs.300-Cr led by ValueQuest Investment

Business Line  

Bengaluru-based Rangsons Aerospace has raised INR 300 crore in a funding round led by ValueQuest Investment Advisors. The funds will be used to scale operations, drive growth, and expand into global markets.Rangsons Aerospace, a part of the Mysuru-based NR Group which sells essential oils, fragrances, incense, and electronics, has product lines in satellite communication systems, airborne thermal management, and fluid distribution solutions.Rangsons is a partner to global aerospace majors such as Boeing, GE, and Honeywell. It also supplies critical systems to entities such as ISRO, the Indian Navy, and HAL. The company has manufacturing facilities across Bangalore and Mysore.

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