Dhruva Space has secured its first investment from the Antariksh Venture Capital Fund, marking a significant milestone for the Indian spacetech startup.
The Rs 60 crore injection is earmarked for enhancing satellite manufacturing capabilities and expanding infrastructure development.
This latest round brings Dhruva Space’s total capital raised in its ongoing pre-Series B financing to Rs 275 crore.
The aggregate funding package comprises Rs 150 crore in equity and Rs 125 crore in debt financing, reflecting a balanced capital structure as the company scales its operations.
The investment underscores growing institutional interest in India’s commercial space sector, which has seen increased activity following recent global benchmarks in aerospace valuations.
Dhruva Space, known for its small satellite manufacturing and launch services, aims to leverage this capital to accelerate production timelines and strengthen its supply chain.