Business EconomyPosted at: Apr 14 2026 12:39PM


Val-Met Engineering secures RS 200 cr funding from Nuvama Crossover to become leader aerospace, defence and space supply chain

Chennai, Apr 14 (UNI) The Chennai-headquartered Val-Met Engineering, a specialized supply chain management company focused on aerospace, defence, and space-grade raw materials, on Tuesday announced that it has successfully closed its funding from Nuvama Crossover Opportunities Funds.
With this investment, Val-Met Engineering aims to strengthen its sourcing network, expand inventory capabilities, enhance technological and processing infrastructure, and deepen relationships with domestic and global OEMs, suppliers and customers.
This is the first fund raiser for Val-Met Engineering and was led by Nuvama Crossover Opportunities Funds. It marks a strategic investment and a significant milestone in Val-Met's growth journey, underscoring strong investor confidence in the company’s capabilities and long-term vision.
Commenting on the funds raised, P H Subramoni, Promoter and MD, Val-Met said, “Persistent supply chain constraints remain a key reason for the current industry backlog. This coupled with robust demand is creating a significant opportunity to position India as a strategic hub in the global supply chain of leading aerospace OEMs. Against the backdrop of strong, long-term growth outlined by major global aerospace players, our well‑established infrastructure, state-of-the-art capabilities, experienced team, long years of proven track record and robust systems uniquely position us to capitalize on this opportunity. Nuvama Private Equity’s investment will play a crucial role in supporting our growth journey and scaling our capabilities to meet the demand.”
Pranav Parikh, Managing Partner and Head, Private Equity, Nuvama Asset Management Limited said “There is a congruence of positive tailwinds in the aerospace, defence and precision manufacturing in India. As a critical link in the supply chain of these high growth industries, Val-Met will play a crucial role in fulfilling this demand towards self-fulfilment of India’s crucial needs as well as high value exports from the country.
"Our strategic minority stake investment aligns closely with the philosophy of Nuvama Crossover Opportunities Fund series, where we back established industry leaders with proven operating track records and compelling growth potential. With a focus on profitable industrial businesses, the fund remains focused on investing in high‑quality, scalable businesses positioned at critical inflection points of market transition, with the objective of driving sustained, long-term value creation”, Parikh said.
The investment will support in creation of enhanced capabilities that will enable a true just-in-time supply of critical raw materials as near-net shapes, resulting in improved manufacturing and processing efficiency for customers and OEMs, diving optimisation, cost savings, and scalable growth. The announcement comes at a time when leading global aircraft manufacturers and their tier suppliers are actively expanding their component and assembly supply chains in India.
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Tags: #Val-Met Engineering secures RS 200 cr funding from Nuvama Crossover to become leader aerospace# defence and space supply chain
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