InspeCity Bags $5.6 Mn To Build Satellite Servicing Solutions

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SUMMARY

The funding round was led by Lucky Investment Managers and also saw participation from Speciale Invest, MGF Kavachh, Shastra VC, among others

InspeCity will primarily deploy the capital into technology development and demonstration

Founded in 2022, IIT Bombay-incubated InspeCity is building in-orbit satellite servicing and deorbiting services

Spacetech startup Inspecity has raised $5.6 Mn (INR 47.28 Cr) in its seed funding round led by ace investor Ashish Kacholia’s…



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InspeCity Bags $5.6 Mn To Build Satellite Servicing Solutions


SUMMARY

The funding round was led by Lucky Investment Managers and also saw participation from Speciale Invest, MGF Kavachh, Shastra VC, among others

InspeCity will primarily deploy the capital into technology development and demonstration

Founded in 2022, IIT Bombay-incubated InspeCity is building in-orbit satellite servicing and deorbiting services

Spacetech startup Inspecity has raised $5.6 Mn (INR 47.28 Cr) in its seed funding round led by ace investor Ashish Kacholia’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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