Dhruva space articles
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Dhruva Space bags $9 million from IAN Alpha Fund, others
Spacetech startup Dhruva Space has raised $9.4 million (Rs 78 crore) in a mix of equity and debt from IAN Alpha Fund, Technology Development Board and other existing investors in its latest funding round. The capital infusion, of which Rs 24 crore was in debt, will help the Hyderabad-based startup set up its first phase of its 2.8 lakh sq ft spacecraft manufacturing facility in the city, founder and CEO Sanjay Nekkanti told ET.The latest funding comes amid a big push from the government towards...
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Dhruva Space Secures USD 9 Mn Funding from IAN Alpha Fund, Technology Development Board, and Others
The Hyderabad-based platform aims to deploy the raised funds for upcoming spacecraft manufacturing facilities, strategic business acquisitions, and enhancing product offerings.
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TechCrunch Space: Rapidly responsive space stations!?
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