Dhruva Space, established in 2012 by Nekkanti, Chaitanya Dora Surapureddy, Abhay Egoor, and Krishna Teja Penamakuru, offers full-stack engineering solutions aimed at facilitating ‘faster, more reliable and more cost-effective access to space. Additionally, the startup offers its clients integrated access to the ownership and operation of space-based assets.
In April of the previous year, the space engineering solution provider based in Hyderabad finalized its Series A funding round at INR 123 Cr (equivalent to $15 Mn). It has the support of various investors, including the Indian Angel Network Alpha Fund, Blue Ashva Capital, Silverneedle Ventures, BIG Global Investment JSC (BITEXCO Group), IvyCap Ventures, Mumbai Angels, and Blume Founders Fund.