Deepinder Goyal’s aerospace venture, LAT Aerospace, has acquired defence startup Sharang Shakti, marking a decisive entry into India’s rapidly evolving defence technology sector. The move signals a broader shift in India’s startup landscape, where consumer-tech founders are increasingly exploring capital-intensive, high-impact industries such as aerospace and military innovation.
While financial details of the acquisition remain undisclosed, industry observers describe the deal as strategic rather than opportunistic. LAT Aerospace, which was established to focus on advanced aerospace engineering and next-generation aviation systems, is now expanding its scope to defence-grade applications —
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