Anirudh Sharma, Founder and CEO, DigantaraSpacetech startup Digantara Industries on Tuesday announced that it has raised $50 million (₹450 crore) in its Series B fund round, led by 360 ONE Asset, SBI Investments Co Japan, and Ronnie Screwvala. Existing investors, including Peak XV Partners and Kalaari Capital.
According to the company’s statement, the fresh capital will be used for global expansion beyond the US, and into new manufacturing facilities for optical systems, satellite production and towards doubling its R&D teams globally.
“This capital accelerates our path to operational readiness, expand into the US and Europe, and drive new programs in missile warning, tracking, and space-based interceptors to deliver real deterrence and multidomain superiority,” said Anirudh Sharma, Founder and CEO, Digantara.
Founded in 2020, the Bengaluru-headquartered startup initially focused on space situational awareness, tracking debris and objects that could damage satellites.
Now the company is eyeing to transition into a full stack space surveillance and intelligence company, developing sovereign hardware, software, and intelligence systems that strengthen national security and strategic autonomy.
The company is gearing up to launch 15 space-based space surveillance satellites along with two dedicated missile-warning satellites through 2026–27.
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