Dhruva Space

Diverse Payloads. Distinct Space Missions.

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General Information
Company Name
Dhruva Space
Founded Year
2012
Location (Offices)
Hyderabad, India +1
Founders / Decision Makers
Sanjay Nekkanti - Founder & CEO Chaitanya Dora - CFO Krishna Teja Penamakuru - Chief Operating Officer & Co-Founder Abhay Egoor - Chief Technology Officer
Number of Employees
146
Industries
Space, Telecom
Funding Stage
Series A
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Dhruva Space - Company Profile

Dhruva Space is a full-stack Space-Engineering solutions provider, offering diverse payloads and distinct space missions. Based in Hyderabad, India, the company operates in the Space (Satellite Platforms & Subsystems), Launch (Deployers), and Ground (Earth Stations) segments. Established in 2012, Dhruva Space has successfully space-qualified its 1U, 3U, and 6U Satellite Orbital Deployers as well as its 0.5U CubeSats. Notably, the company has secured a INR240.00M Debt Financing investment on 22 April 2024 from SIDBI Venture Capital, Technology Development Board, and the Government of India. With their upcoming participation in ISRO's PSLV missions in 2022 and 2023, Dhruva Space is poised for significant growth and impact in the space engineering industry.

Taxonomy: Space engineering, Satellite platforms, Space missions, Launch technology, Orbital deployers, CubeSats, ISRO missions, Hyderabad, India, Ground stations, Payloads, Space-qualified technology, PSLV missions, Space technology, Space solutions

Funding Rounds & Investors of Dhruva Space (6)

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Funding Stage Amount No. Investors Investors Date
Series A INR780.00M 6
IvyCap Ventures, investor in Dhruva Space's Series A round Mumbai Angels, investor in Dhruva Space's Series A round Silverneedle Ventures, investor in Dhruva Space's Series A round IAN Fund, investor in Dhruva Space's Series A round
Blue Ashva Capital, Bitexco Group 		22 Apr 2024
Debt Financing INR240.00M 2
SIDBI Venture Capital, investor in Dhruva Space's Debt Financing round
Technology Development Board, Government of India 		22 Apr 2024
Non Equity Assistance Unknown 1
Creative Destruction Lab, investor in Dhruva Space's Non Equity Assistance round
01 Sep 2022
Seed Round INR220.00M 2
IAN Fund, investor in Dhruva Space's Seed Round round
Blue Ashva Capital 		25 Oct 2021
Grant $500.00K 1
Department for Promotion of Industry and Internal Trade (DPIIT), investor in Dhruva Space's Grant round
06 Oct 2020

View All 6 Funding Rounds

Latest News of Dhruva Space

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No recent news or press coverage available for Dhruva Space.

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