Spacetech startup Dhruva Space has raised $9.4 million in a mix of equity and debt from IAN Alpha Fund, Technology Development Board and other existing investors in its latest funding round, according to ETtech report. The capital infusion, of which Rs 24 crore was in debt, will help the Hyderabad-based startup set up its first…
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…
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…