Bengaluru-based spacetech firm Digantara Research & Technologies has raised $50 million (about ₹435 crore) in a Series B round that values the company close to $200 million (roughly ₹1,740 crore), underscoring growing investor confidence in India’s private space sector and the firm’s capabilities in space situational awareness.
Details of the Series B round
The funding round was led by Reliance Business Ventures, with participation from 360 ONE Asset, SBI Ventures and entrepreneur Ronnie Screwvala. Existing backers including Peak XV Partners and Kalaari Capital also took part, reflecting continued investor conviction in Digantara’s technology and market potential.
Technology and market focus
Founded in 2018, Digantara develops space domain awareness solutions that combine space- and ground-based sensors with analytics and data-intelligence platforms to track, monitor and analyse objects in Earth orbit. Its systems aim to provide near-real-time insights to reduce collision risk, support mission planning and supply early warning for defence, government and commercial satellite operators.
As satellite launches and orbital congestion increase globally, demand is rising for automated tracking, debris management and space-intelligence services that can inform both civil and strategic decision-making. Digantara’s product suite targets these needs across commercial satellite operators, national security agencies and international partners.
Use of proceeds and expansion plans
The company intends to deploy the fresh capital to expand manufacturing capacity, deepen research & development, and scale deployments of its surveillance infrastructure. International expansion—particularly into the United States and European markets where demand for space-intelligence and early-warning solutions is growing—features prominently in its growth strategy.
Founders and leadership
Digantara was founded by Anirudh Sharma, Rahul Rawat and Tanveer Ahmed, who bring engineering and research experience in aerospace, sensors and data analytics. The leadership team has emphasised building indigenous capabilities that meet global standards for space situational awareness.
Implications for India’s spacetech ecosystem
The fresh funding and near-$200 million valuation place Digantara among India’s most valuable private spacetech companies and signal increased institutional appetite for deep-tech startups aligned with national security and critical infrastructure. The raise also highlights how policy reforms and rising private participation are enabling Indian firms to compete in specialised global markets previously dominated by large aerospace incumbents.
