Insider Brief:
- Nabhdrishti Aerospace has secured Rs 3 crore in a funding round led by IIMA Ventures.
- The company will design and develop gas turbine engines that offer fuel flexibility to support clean fuels and enhance efficiency.
- The recent funding will support the development of a fuel-flex combustor prototype, focusing on rigorous testing of the fuel injector and combustor.
Nabhdrishti Aerospace, a deep-tech start-up pioneering indigenous gas turbine engine development, has secured Rs 3 crore in a funding round led by IIMA Ventures (formerly IIMA-CIIE).
Founded in 2023 by Rohit Chouhan and Arjun Srivatsa, Nabhdrishti Aerospace will design and develop gas turbine engines, starting with a 350 SHP turbo-prop engine for aviation and power generation. These microgas turbine (MGT) engines will offer fuel flexibility to support clean fuels and enhance efficiency.
The recent funding will support the development of a fuel-flex combustor prototype, focusing on rigorous testing of the fuel injector and combustor to demonstrate the company’s proprietary fuel-flex technology.
Rohit Chouhan, co-founder, and CEO, stated, “This capital injection enables us to expedite our first product development. Our next steps include recruiting top-tier talent, investing in advanced tools and testing infrastructure, and showcasing our combustion technology.”
Arjun Srivatsa, Co-Founder, and COO, added, “Our initial product, the ND350 Engine, will be market-ready by Q3 2025. With a power output of 275 KW in turbogenerator mode, it will serve backup power generation, range extenders, and marine propulsion. Coupled with a propeller, it generates 350 SHP for UAVs and air taxis. We plan to expand our product line to cover power ranges from 300 SHP to 1000 SHP and beyond. The versatility and eco-friendly focus of our product differentiate us in the market.”
IIMA Ventures recently launched a deep-tech pre-seed accelerator fund with SIDBI, with Nabhdrishti Aerospace as its first investment. Vipul Patel, Partner, Seed Investing at IIMA Ventures, commented, “Developing a microgas turbine in a market worth billions requires a deep understanding of various factors, including gestation period, cost-efficient testing infrastructure, team-building skills, and customer preferences.”
Image credit: Nabhdrishti Aerospace
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