Spacetech Startup Digantara Raises $50 Mn For Global Expansion

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SUMMARY

Digantara has raised $50 Mn (about INR 454.4 Cr) in its Series B round to expand its space surveillance capabilities

The round saw participation from SBI Investments Co Japan, 360 One Asset and entrepreneur Ronnie Screwvala. Existing backers Peak XV Partners and Kalaari Capital also participated in the round

Digantara said that it will use the capital for global expansion beyond India and the US, setting up new manufacturing facilities for optical systems and satellite production,…



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Spacetech Startup Digantara Raises $50 Mn For Global Expansion


SUMMARY

Digantara has raised $50 Mn (about INR 454.4 Cr) in its Series B round to expand its space surveillance capabilities

The round saw participation from SBI Investments Co Japan, 360 One Asset and entrepreneur Ronnie Screwvala. Existing backers Peak XV Partners and Kalaari Capital also participated in the round

Digantara said that it will use the capital for global expansion beyond India and the US, setting up new manufacturing facilities for optical systems and satellite production,…



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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