Series A · Defense tech

Axial Aero closes INR51 crore Series A for flight simulation

Lucky Investment Managers and Rainmatter participated in the Hyderabad aviation technology company’s funding round.

Axial Aero has closed an INR51 crore Series A, according to VCCircle’s November 2 report. Lucky Investment Managers, founded by Ashish Kacholia, and Rainmatter participated alongside existing investors.

The company develops full-motion and full-mission flight simulators and digital terrain technologies for military and commercial aviation. IndusWhale Capital Advisors advised Axial Aero on the transaction.

Funding history

Series A · This round₹510M

Sources

  1. Axial Aero closes INR51crore Series Avccircle.com · Nov 2, 2026