10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect

SatSure, Pixxel Among Bidders Shortlisted For Building Earth Observation System


SUMMARY

IN-SPACe has issued a draft request for proposal to the selected applicants for the INR 1,500 Cr constellation of earth observation satellites

Consortiums of SatSure, Pixxel, Dhruva Space and PierSight; Ananth Technologies, Solar Group and XDLINX are among the shortlisted names

IN-SPACe invited bids from Indian startups and companies in July last year to design, build and launch a constellation of satellites

The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has reportedly shortlisted six out of nine bidders to build and manage a space-based earth observation (EO) system.

IN-SPACe has issued a draft request for proposal (RFP) to the selected applicants for the INR 1,500 Cr constellation of earth observation satellites project, ET reported.

The final RFP will be issued in the latter half of March, the report said.

The selected entities include consortiums of SatSure, Pixxel, Dhruva Space and PierSight; Ananth Technologies, Solar Group and XDLINX; and Bharat Electronics Ltd and Sisir Radar, the report said citing sources familiar with the matter.

Further, Tata Advanced Systems Ltd and Centum have also been shortlisted.

“The last date to submit financial bids mentioned in the draft RFP is March 31,” IN-SPACe chairman Pawan Goenka told the publication.

Inc42 has reached out to IN-SPACe for comments on the development. The story will be updated on receiving a response. 

IN-SPACe invited bids from Indian startups and companies in July last year to design, build and launch a constellation of satellites that will be equipped with advanced imaging technologies.

In December 2024, it was reported that IN-SPACe received bids from 30 entities to build the earth observation system.

(The story will be updated soon.)





Source link

by INC42

SUMMARY Retail individual investors’ segment saw the highest interest with 22% subscription, getting bids for 75.44 Lakh shares against 3.37 Cr shares on offer PhysicsWallah has set a price band of INR 103 to INR 109 per share for the IPO, which will close on November 13 The edtech unicorn raised INR 1,562.8 Cr from anchor investors yesterday by issuing 14.33 Cr shares at INR 109 apiece Edtech unicorn PhysicsWallah’s IPO saw a muted start on Day 1, with the issue subscribed… Source link

by PNN

Jaipur (Rajasthan) [India], November 10: Lehar Footwears Limited (‘Lehar’) announced its results for the quarter ended 30th September, 2025. Financial Highlights: H1FY26 vs H1FY25 Comparison Delivered a strong performance in H1FY26, with sales rising to ₹282.7 crore from ₹100.8 crore in H1FY25 and ₹277.2 crore in FY25. PAT surged to ₹14.6 crore against ₹3.6 crore in H1FY25 and Rs 10.9 crore in FY25. PAT margin improved to 5.2% from 3.6%, driven by higher operating… Source link

by Startup Story Media

EV News Funding Alert ByStartupStory     |    November 11, 2025 Grab Holdings Limited has signed a definitive agreement to invest $60 million in Vay Technology GmbH, a Berlin-based startup specializing in remote driving technology for electric vehicles (EVs). The investment, subject… Source link