Rangsons Aerospace, a product technology firm for aerospace, defense and homeland security, has raised Rs 300 crore ($36.5 million) driven by ValueQuest Investment Advisors and had Anand Rathi Advisors as the money related advisor for the exchange.

The continues will be utilized to create items and arrangements for the commercial and military aviation markets all inclusive, and drive development into new business areas through key acquisitions.

Rangsons Aerospace is portion of NR Group, a commerce gather based in Mysore. It has three offices over Bangalore and Mysore. Its item lines include satellite communications systems, airborne thermal management and fluid distribution solutions.

Rangsons may be a level I accomplice to global aerospace majors such as Boeing, GE, and Honeywell, among others.

It moreover supplies a few basic systems to Indian majors such as ISRO, Indian Navy, HAL and others.