IIMA Ventures, Jaivel Aerospace launch fund to back early-stage defence, aerospace startups

IIMA Ventures, backed by IIM Ahmedabad, has partnered with Jaivel Aerospace to launch a new fund supporting early-stage aerospace and defence startups. The fund will invest in 8–10 companies, offering up to $400,000 each, plus mentorship and access to Jaivel’s global manufacturing network.