Hical Technologies raises $30-40 million from Premji Invest for expansion

Aerospace and defence components maker Hical Technologies has raised $30-40 million from Premji Invest, its first institutional funding round since 1986, to fund manufacturing expansion across South India, including a new facility in Hosur and a recently opened facility in Devanahalli.

“The Bengaluru-based company said the money will fund manufacturing expansion across South India and strengthen engineering and research and development.”timesofindia.indiatimes.com

• 2 sources
• timesofindia.indiatimes.comHical raises $30-40 mn from Premji Invest | India Business News - The Times of IndiaSupriya RoyNov 6, 2026
• aviation-defence-universe.comHical Technologies Raises Its First Institutional Investment from Premji Invest to Accelerate Aerospace and Defence Expansion in India - ADU - Aviation Defence UniverseHarmeet SinghNov 7, 2026

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