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Axirium Aerospace bags seed funding led by Shastra VC, Beenext
18 Nov 2025, 02:35 PMThe fresh capital will help the startup to build its advanced precision-manufacturing capabilities, expand its engineering team, and establish its first state-of-the-art production facility.
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Axirium Aerospace said it has raised $3.5 million in its seed funding round led by Shastra VC and Beenext.
Angel investors including Ashish Gupta, ex-MD and co-founder, Helion Advisors and PVS Raju, vice chairman, AIG Hospitals also participated in the funding round, said Axirium Aerospace in a statement.
The fresh capital will help the startup to build its advanced precision-manufacturing capabilities, expand its engineering team, and establish its first state-of-the-art production facility.
Axirium Aerospace, which was launched this year by Nishant Khurana (Chief Executive Officer), Neeraj Agarwal (Chief Business Officer), and Piyush Agarwal (Chief Commercial Officer), is engaged in precision machining, sheet-metal fabrication, tubing, and structural assemblies for global OEMs and Tier-1 suppliers.
The founding team had previously been associated with aerospace company Tata Advanced Systems Ltd (TASL).
According to Grand View Research, the India aerospace parts manufacturing market was valued at $13.6 billion in 2023 and is projected to reach $21.48 billion by 2030.
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