The fresh funds will be used to expand D-Propulse's engineering team, enhance simulation and computing capabilities, and establish limited testing infrastructure.
With the fresh funds, the Bengaluru-based startup aims to expand in Tier I and II cities, pursue FDA certification for US entry, explore Africa and Southeast Asia, and develop a caregiver-focused app.
The Hyderabad-based platform aims to deploy the raised funds for upcoming spacecraft manufacturing facilities, strategic business acquisitions, and enhancing product offerings.