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Aequs Limited, Accel India VIII (Mauritius) Ltd, and Vagus Defence Tech & Aerospace Fund I formed a joint venture named Ajna Aerospace & Defence Private Limited to enter the unmanned aerial vehicle sector. The JV will focus on IP acquisition, manufacturing, and marketing of UAVs.
“The formation of this JV marks a strategic push by Aequs toward defence and aerospace technology, with a structured framework for IP acquisition, product development, and global market outreach.”insights.dsij.in
Summarized from public sources; check the original articles before acting on it.