Business News
Skyroot Becomes India’s First Space Tech Unicorn With USD 60 Mn Funding
Ram Shriram, who is also a board member at Alphabet, Google’s parent company, is an existing investor in Skyroot through Sherpalo Ventures.
Space Tech
Business News
Union Cabinet Approves INR 1,000 Cr Space Tech Venture Fund to Propel Space Startup Ecosystem
With an estimated INR 150 crore set for FY 2025-26, followed by INR 250 crore annually for the subsequent three years and INR 100 crore in FY 2029-30, the fund will fuel around 40 startups, advancing space technologies critical to national priorities.
Business News
Infosys Announces Strategic Investment in Space Startup GalaxEye with INR 17 Cr Funding
Bengaluru-based GalaxEye develops multi-sensor satellites and synchronisation platforms for high-resolution, all-weather data. Its technology serves defense, insurance, logistics, agriculture, disaster management, and infrastructure sectors.
Business News
Pixxel Raises $36 Million In Series B Funding
The new funds will advance Pixxel's mission to build the highest-resolution hyperspectral satellite constellation, delivering actionable climate insights on a planetary scale
By Teena Jose
Business News
60 Startups Registered With ISRO Since Unlocking Of Indian Space Sector, Says Jitendra Singh
Union minister said that the proposals received from startups are related to space debris management, nano-satellite, ground systems among others
By Teena Jose