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Indian space tech firm Digantara eyes $30 million revenue with US expansion
Economic Times
·
7m ago
Medial
Indian space tech firm Digantara plans to expand into the US, targeting $25-$30 million in revenue over the next two years by capitalizing on the $60 billion space surveillance market. The Bengaluru startup will invest $10-$15 million to establish a manufacturing facility in Colorado. Digantara has contracts with US defense agencies, including launching a surveillance satellite with SpaceX. The expansion aims to enhance space surveillance and address space traffic and debris concerns globally.
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Indian space startups dock in for a slice of American pie
Economic Times
·
4m ago
Medial
Indian space tech startups are increasingly establishing a presence in the US, with companies like Bellatrix Aerospace, Pixxel, and Digantara setting up offices and manufacturing units. This expansion is aimed at accessing the $237 billion US space economy, building credibility, and navigating regulatory challenges. Firms believe that a local presence is crucial due to the dual-use nature of space technology. This move helps create local value and offers access to more opportunities.
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Digantara to set up spacecraft manufacturing facility in the US
Economic Times
·
7m ago
Medial
Digantara, a Bengaluru-based space surveillance company, plans to invest $10-15 million in a spacecraft manufacturing facility in Colorado within the next six to eight months. Supported by $1 million in incentives from the State of Colorado, this expansion aligns with increasing US-India defence cooperation and aims to meet US intelligence and reconnaissance needs. Digantara's US venture includes securing defence contracts and launching the SCOT satellite for advanced space surveillance, positioning it for growth in the $60 billion market.
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Bengaluru-based space tech startup Digantara raises $10 million in funding led by Peak XV Partners
Money Control
·
2y ago
Medial
Bengaluru-based space tech startup Digantara has secured $10 million in funding, with Peak XV Partners leading the investment round. The funding will enable Digantara to further develop its space technologies and expand its operations. The startup aims to leverage this capital infusion to strengthen its position in the space industry and advance its innovative solutions for satellite communication and Earth observation.
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Spacetech startup Digantara chosen for Australia-backed debris management project
Economic Times
·
1y ago
Medial
Digantara, an Indian spacetech startup focused on space situational awareness (SSA), has been selected for a joint industry space mission called Mission for Australia-India's Technology, Research and Innovation (Maitri). The mission aims to manage debris in space and has received grants of AUD $8.5 million from the Australian Space Agency. Digantara will be the primary partner in the SSA category and will work with Space Machines Company to integrate optical sensor technology onto an Australian-built Orbital Servicing Vehicle. The mission aims to enhance space traffic management and debris monitoring. Digantara plans to release 40 satellites using its Space-Mission Assurance Platform.
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Digantara Pioneering the Google Maps for the Cosmos with Space MAP
Business Bytes
·
1y ago
Medial
Indian startup Digantara is making waves in the space technology industry with its ambitious project to create a "Google Maps for the cosmos." Their Space Mission Assurance Platform (Space MAP) integrates data fusion and sensor fusion to collect and monitor information from various sources, allowing for comprehensive tracking of space activities. This initiative has garnered significant funding and aims to revolutionize space situational awareness by providing precise monitoring of satellites, debris, and other space assets. Digantara is poised to become a key player in the global space tech landscape with its groundbreaking approach to space management.
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World Economic Forum features 10 Indian startups as Tech Pioneers; spacetech wins big
Economic Times
·
2m ago
Medial
The World Economic Forum has recognized 10 Indian startups as 'Technology Pioneers' of 2025. These startups, including Agnikul Cosmos, Digantara, and GalaxEye, are innovating in space tech, electric mobility, robotics, and healthcare. Space startups are notably prominent, highlighting India's growing deep tech ecosystem, especially with contributions to space launches, situational awareness, and earth observation. This recognition is expected to boost global interest and investment in India's tech sector.
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Riceberg Ventures marks first close of $20 mn fund
VCCircle
·
8m ago
Medial
Riceberg Ventures, a Swiss venture capital firm, has achieved the first close of its $20 million fund aimed at investing in early-stage startups focusing on technologies like AI and space tech. While the amount raised in the first close remains undisclosed, Riceberg plans to support 25-30 startups globally with an average investment of $500,000 each. The fund is backed by various investors and targets startups, primarily led by Indian founders, in regions including Europe, the US, and India.
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Grapevine: Blackstone to double Indian warehouses; CDPQ eyes Ashoka's road projects
VCCircle
·
1y ago
Medial
Blackstone Inc. plans to double its Indian warehouse holdings, aiming for at least 100 million square feet of space within the next few years. The firm, with a $20 billion real estate portfolio in India, is seeking to raise money through private funds to finance this expansion. Meanwhile, Caisse de dépôt et placement du Québec (CDPQ) is reportedly considering investing in Indian road projects developed by Ashoka Buildcon Ltd. The Canadian pension fund manager is said to be in advanced talks to acquire a minority stake in Ashoka's road projects.
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Reliance in advanced talks to lead $50 million raise in spacetech startup Digantara - The Economic Times
Economic Times
·
1m ago
Medial
Reliance Industries is in advanced talks to lead a $50 million funding round in spacetech startup Digantara, focusing on space surveillance, amid rising defense expenditure and global geopolitical tensions. The investment marks a significant boost to India's emerging space surveillance sector. Digantara plans to establish a constellation of surveillance satellites by 2026. The company aims for defense and commercial markets, particularly in space situational awareness, with significant funding allocated for infrastructure development.
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Medibuddy eyes $130 million in pre-IPO
Economic Times
·
3m ago
Medial
Health-tech firm Medibuddy initially sought to raise $130 million in a pre-IPO round but clarified it's targeting $60 million instead. The fundraising, led by Avendus Capital, includes $25-30 million in primary capital and $30-35 million for secondary investors, primarily offering exits for early angel investors. Medibuddy, founded by IIT Madras alumni, prioritizes building a sustainable healthcare market leader and is not rushing towards an IPO, despite its long-term plans.
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