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India is now home to almost 200 space startups, up from just one in 2014, according to a report published by Deloitte in 2023. Over the same period, private investment into those companies topped ...
Funding in India’s space sector, a key part of the country’s ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according ...
Indian space companies have already seen an influx of funding - $126 million in 2023, which was up 7% from the $118 million raised in 2022 and a 235% increase from the $37.6 million raised in 2021 ...
The company was founded by Srinath Ravichandran, Moin SPM, Satyanarayanan Chakravarthy and Janardhana Raju within IIT Madras with a seed funding of ₹ 3 crore (equivalent to ₹ 4.2 crore or US$490,000 in 2023) with aim to develop and launch its first rocket in 2021 and subsequently develop ability to provide launch service for satellites weighing up to 100 kg (220 lb).
Ultraviolette Automotive was founded in 2016 by Narayan Subramaniam (CEO) and Niraj Rajmohan (CTO). By 2022, the company had received US$15 million Series C Funding from TVS Motor Company and Zoho Corporation.
CIIE.CO is an Indian startup accelerator and incubator that supports early-stage startups located at IIM Ahmedabad in Ahmedabad, India.It was founded in 2002 to promote innovation and entrepreneurship in India. [1]
In April 2022, the company received $180 million in a funding round led by Swiggy, raising the company's valuation to $830 million. The Series D round of funding also saw participation of TVS Motor Company, Westbridge, Shell Ventures, and Nexus Ventures. [13] [14] In 2023, Rapido introduced taxicab hailing on its app. [15]
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. ... Indian space startup Agnikul launches country's second privately built rocket. May 29, 2024 at 10:50 PM. BENGALURU (Reuters) -India ...