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Spacetech Startup Digantara Raises $50 Mn For Global Expansion

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SUMMARY

Digantara has raised $50 Mn (about INR 454.4 Cr) in its Series B round to expand its space surveillance capabilities

The round saw participation from SBI Investments Co Japan, 360 One Asset and entrepreneur Ronnie Screwvala. Existing backers Peak XV Partners and Kalaari Capital also participated in the round

Digantara said that it will use the capital for global expansion beyond India and the US, setting up new manufacturing facilities for optical systems and satellite production,…

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