# Aequs, Accel India, Vagus form JV for UAV business

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.

- Type: Partnership
- Announced: 2026-01-17
- Where: India
- Status: announced
- Products: unmanned aerial vehicles
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Aequs](https://endata.com/companies/22300.md) (partner)
- [Accel India VIII (Mauritius) Ltd](https://endata.com/companies/89707.md) (partner)
- [Vagus Defence Tech & Aerospace Fund I](https://endata.com/companies/89708.md) (partner)
- [Ajna Aerospace & Defence Private Limited](https://endata.com/companies/89709.md) (partner)

## Sources

- [insights.dsij.in](https://insights.dsij.in/dsijarticledetail/this-oem-civil-aviation-company-enters-uav-sector-through-3-partner-jv-id003-54747), 2026-01-17: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.