
𝐀 𝐝𝐞𝐟𝐢𝐧𝐢𝐧𝐠 𝐦𝐨𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐬𝐩𝐚𝐜𝐞 𝐞𝐜𝐨𝐧𝐨𝐦𝐲
@DhruvaSpace has become the first startup to receive investment from the government-backed Antariksh Venture Capital Fund, securing ₹60 crore to accelerate its next phase of growth. Announced at the 10th IN-SPACe Industry Connect event, this marks the first deployment from the ₹1,005 crore fund created to catalyse innovation and strengthen India's rapidly expanding space technology ecosystem.
The investment will fuel the expansion of Dhruva Space's satellite manufacturing capabilities, technology development, infrastructure, and customer programme execution. With an order book exceeding ₹500 crore and its ongoing pre-Series B round now reaching ₹275 crore, the company is steadily advancing its vision of building end-to-end space solutions from India for the world.
IAN Group is proud to have partnered with Dhruva Space early in its journey and to support founders who are building technologies that could shape the future of India's innovation landscape.
Read more: analyticsindiamag.com/ai-news/dhruva…
#IANGroup #DhruvaSpace #SpaceTech #IndianSpace #Innovation

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