The round comprised two tranches. In the first leg, the company raised $10 Mn led by Peak XV Partners in June last year
Founded in 2018 by Anirudh Sharma, Rahul Rawat and Tanveer Ahmed, Digantara is working on building a sustainable space ecosystem by developing a space debris detector
As per Inc42’s Indian Spacetech Startup Landscape & Market Opportunity Report 2023, over 150 startups have collectively raised more than $285 Mn
Spacetech startup Digantara on Wednesday (February 28) said it has marked the final close of its Series A1 funding round at $12 Mn (around INR 99 Cr).
The round comprised two tranches. In the first leg, the company raised $10 Mn led by Peak XV Partners in June last year, while in the second leg, it secured $2 Mn from Aditya Birla Group’s VC arm Aditya Birla Ventures and government-owned lender Small Industries Development Bank of India (SIDBI).