The funding was raised from Nuvama Crossover Opportunities Fund – IIIA, Nuvama Crossover Opportunities Fund – IIIB and Nuvama Crossover Opportunities Fund – 4A, which are schemes of Nuvama Private Investments Trust and part of wealth management company Nuvama Group.
With this investment, Val-Met Engineering aims to strengthen its sourcing network, expand inventory capabilities, enhance technological & processing infrastructure and deepen relationships with domestic and global OEMs, suppliers and customers, according to a statement.
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 Engineering’s growth journey, underscoring strong investor confidence in the company’s capabilities and long-term vision, it added.
“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,” P H Subramoni, Promoter and MD, Val-Met Engineering, said in a statement.
“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,” he added.
“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 Engineering 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,” Pranav Parikh, Managing Partner & Head, Private Equity, Nuvama Asset Management Ltd., said.
“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,” he added.
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, driving optimization, 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.
Val-Met Engineering operates at the intersection of criticality, reliability and compliance, delivering high-performance raw materials essential for aerospace, defence and space applications. With increasing demand driven by global supply chain realignments, it is well-positioned to play a pivotal role in supporting India’s strategic manufacturing ecosystem.
