Veteran I-banker Ravi Kapoor to set up ₹1k-cr defence & aerospace fund

Ravi Kapoor, ex-Citi executive, is launching Indusbridge Ventures, a ₹1,000 crore aerospace and defence fund, aiming to leverage India's expanding military market. Supported by Admiral Karambir Singh and Gargi Kaul as advisors, the fund has already secured ₹125 crore. Indusbridge intends to foster domestic manufacturing via joint ventures and cater to export demands, capitalizing on India's substantial defence budget.