Garuda Aerospace reportedly raises $10 million before IPO

The Economic Times reports that Garuda Aerospace raised around $10 million at a $320 million pre-money valuation, citing people aware of the transaction. The reported investors are the Motherson family office and Aditum Investment Group. A planned first-quarter 2027 listing remains prospective rather than a completed IPO.

DTT summary based on The Economic Times's report. The full article is on the publisher's site.