Private space tech company Agnikul has secured $11 million in its latest funding round. The Series A round was led by venture capital firm Mayfield India. Globevestor, Beenext, LionRock Capital, along with angel investors Anand Mahindra, Naval Ravikant, Balaji Srinivasan and Nithin Kamath, among others also participated in the financing round. The round also saw…
Tag: Agnikul
Anand Mahindra invests in space-tech startup AgniKul Cosmos
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•Mahindra Group Chairman Anand Mahindra has invested in AgniKul Cosmos Pvt. Ltd., which testfired the country’s first 3D printed rocket engine last week. Srinath Ravichandran, co-founder and CEO of AgniKul Cosmos, has come on board as an angel investor in the Indian space startup. “As a hardware startup, we always are looking for others who…
Spacetech start-up Agnikul signs agreement with ISRO
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•Department of Space and IIT Madras-based space-tech startup Agnikul Cosmos Private limited have inked an agreement under IN-SPACe (Indian National Space Promotion and Authorization Center) entity, that will help the startup to build its rocket by giving access to the Indian Space Research Organisation (ISRO) facilities and technical expertise. Pursuant to the agreement, the space-tech…