# Dhruva Space Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dhruva-space-private

- Industry: Aerospace
- Headquarters: Hyderabad, India
- Website: www.dhruvaspace.com
- Total disclosed funding: $10M
- Latest round: Series A (Apr 22, 2024)
- Investors on record: 9

## About

Founded in 2012 by Abhay Egoor (CTO), Chaitanya Dora, Krishna Teja Penamakuru, and Sanjay Nekkanti (CEO), and based in Hyderabad, India, Dhruva Space Private Limited is a private space enterprise that specializes in creating small satellite platforms, offering comprehensive solutions that encompass the design, launch, and monitoring of small satellites in space. In July 2026, Dhruva Space Private Limited raised INR 600 million in series A funding from SIDBI Venture Capital.

The firm offers a full suite of services across satellite platforms, launch solutions, and ground station operations. The platform provides scalable, modular satellite platforms for various missions and supports rapid deployment with diverse launch vehicle providers. Their ground services include globally accessible stations for tracking and controlling space assets. Dhruva Space Private Limited generates revenue by providing satellites, launch integration, orbital deployment systems, and ground station services to commercial, government, and international customers.

The company plans to use the July 2026 funding to expand production capacity, develop space infrastructure, advance technology development, and support customer projects across domestic and international markets.

## Funding rounds

- Series A, Apr 22, 2024, $6.5M — Indian Angel Network, Mumbai Angels, Blume Ventures, IvyCap Ventures Group, Bitexco Power, Blue Ashva Capital, Arvog, Silverneedle Ventures, Primarc Group
- Seed, Oct 25, 2021, $2.9M — Indian Angel Network, Blue Ashva Capital
- Angel, Nov 21, 2019, $0.9M — Mumbai Angels

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Angel, Series A
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Seed, Series A
- Blue Ashva Capital (https://capitalatlas.ai/funds/blue-ashva-capital) — Seed, Series A
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series A
- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Series A
- Bitexco Power — Series A
- Arvog (https://capitalatlas.ai/funds/arvog) — Series A
- Silverneedle Ventures (https://capitalatlas.ai/funds/silverneedle-ventures) — Series A
- Primarc Group — Series A