About Air Works Group
Air Works Group is a company based in Gurugram (India) founded in 1951 was acquired by Adani Defence & Aerospace in October 2022. Air Works Group has raised $82.72 million across 9 funding rounds from investors including GTI Capital Group, Punj Lloyd Group and Elephant Capital. Air Works Group has completed 1 acquisition, including Empire Aviation Group. Air Works Group offers products and services including Aircraft Maintenance and Maintenance Training.
- Headquarter Gurugram, India
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Air Works India (Engineering)Pvt Ltd
- Date of Incorporation 11 Sep, 1986
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$42.2 M (USD)-1.19as on Mar 31, 2024
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Net Profit
-$573.6 K (USD)62.96as on Mar 31, 2024
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EBITDA
$6.45 M (USD)16.55as on Mar 31, 2024
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Total Equity Funding
$82.72 M (USD)
in 9 rounds
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Latest Funding Round
$7.57 M (USD), Unspecified
Apr 07, 2015
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Investors
GTI Capital Group
& 8 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Adani Defence & Aerospace
(Oct 18, 2022)
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Products & Services of Air Works Group
Air Works Group offers a comprehensive portfolio of products and services, including Aircraft Maintenance and Maintenance Training.
Maintenance and repair services for aircraft are delivered to enhance safety and efficiency in the aviation sector.
Training programs for maintenance personnel are offered to support skill development in aviation operations.
People of Air Works Group
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Funding Insights of Air Works Group
Air Works Group has successfully raised a total of $82.72M across 9 strategic funding rounds. The most recent funding activity was a Unspecified round of $7.57 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Air Works Group
Air Works Group has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include GTI Capital Group, Punj Lloyd Group and Elephant Capital.
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Potato farming, grain marketing, and equipment services are conducted in Maine.
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Venture capital investments are offered to startups by NEA.
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Private equity investments in growth companies in India, leveraging networks for returns.
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Investor details for Air Works Group
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Investments & Acquisitions by Air Works Group
Air Works Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Empire Aviation Group.
Investment portfolio details for Air Works Group
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End-to-end aviation services are offered in the UAE.
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Complete acquisition details for Air Works Group
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Financial Statements - Air Works Group
Detailed financials for Air Works Group
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Air Works Group Comparisons
Peer comparison for Air Works Group
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Competitors of Air Works Group
Detailed competitors of Air Works Group
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Latest news on Air Works Group
Complete news archive for Air Works Group
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Frequently Asked Questions about Air Works Group
Air Works Group was founded in 1951 and raised its 1st funding round 56 years after it was founded.
Air Works Group is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Anand Bhaskar is the current CEO of Air Works Group.
Air Works Group is a funded company, having raised a total of $82.72M across 9 funding rounds to date.
Annual revenue of Air Works Group is $42.2M as on Mar 31, 2024.
Founded in 1951 and headquartered in Gurugram, India, Air Works Group operates within the aviation sector. Maintenance, repair, and overhaul services are provided for commercial airlines, business aviation, and defense segments. Offerings include airframe and line maintenance, avionics modifications, calibration, aircraft painting, cabin upgrades, non-destructive testing, integrated solutions, and training. Support is extended to various aircraft types through established facilities.
Air Works Group offers Aircraft Maintenance and Maintenance Training.
Air Works Group has made 1 acquisition, including Empire Aviation Group.
Air Works Group has 9 investors. Key investors include GTI Capital Group, Punj Lloyd Group, Elephant Capital, NEA, and Vivek N Gour.
The valuation of Air Works Group is $124.78M as of Apr 2015.