Funding · Government, Defense & Space

Dhruva Space raises Rs 51.76 crore pre-Series B

By Startup Enthusiast · 29 November 2025

What they do

Dhruva Space builds satellites, earth stations, and launch services for space missions

It raised Rs 51.76 crore ($6 million) in a pre-Series B round led by AVCF1

The company has launched eight payloads in the past 24 months, including Thybolt and LEAP-TD

Dhruva Space has raised Rs 51.76 crore ($6 million) in a pre-Series B funding round.
The round was led by AVCF1 (Aditum Venture Capital Fund), which contributed Rs 26.16 crore.
Aranya Holding Ventures LLP invested Rs 10 crore.
Other participants include Hyderabad Angel Fund, AR Enterprises, Ativira Technologies, and 33 other angel investors.
The company's post-money valuation is around $215 million.
Total funding raised to date exceeds $22 million.

India's private space-tech ecosystem is seeing a funding upswing, with startups like Agnikul Cosmos, Skyroot Aerospace, and Pixxel also attracting investor interest.
Dhruva Space has demonstrated operational capability by launching eight payloads in the past two years.

Dhruva Space operates across space, launch, and ground segments, offering satellites, earth stations, and launch services.
It launched the Thybolt satellites in November 2022 and the LEAP-TD mission on January 1, 2024.

Product: Full-stack space engineering across spacecraft engineering, launch integration, ground station infrastructure, and space applications.
Customers: Satellite and space-sector customers, including commercial and institutional buyers.
How it makes money: Earns revenue from space hardware, systems integration, and related services.
What sets it apart: Offers end-to-end space capabilities across the full value chain.
Operations: Designs, integrates, and supplies satellite systems and related infrastructure from Hyderabad.