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Dhruva Space Secures Rs 22 Crore Funding From Ian, Blue Ashva Capital

Oct 25, 2021over 3 years ago

Amount Raised

₹220 Million

Round Type

seed

Bengaluru

Description

Bengaluru: Indian space technology startup Dhruva Space has raised Rs 22 crore in funding led by Indian Angel Network (IAN) Fund and Blue Ashva Capital as it eyes the global market for integrated satellite manufacturing, launch and ground station services.

Company Information

Company

Dhruva Space

Location

Bengaluru, Karnataka, India

About

The Hyderabad, India and Austria-based company, which claims it is already executing projects worth millions of dollars, said it will utilise the capital to expand its operations globally, including entering markets such as the United States and Middle East. The company rounds out its offering with launch and ground station services, making for a fully integrated solution for anyone looking to gain access to space.

Funding Insights

Based on industry data
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