# Manastu Space Technologies Private

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

- Industry: Aerospace
- Headquarters: Navi Mumbai, India
- Website: www.manastuspace.com
- Total disclosed funding: $3M
- Latest round: Series A (Aug 12, 2025)
- Investors on record: 5

## About

Based in Maharashtra, India, and founded in 2017, Manastu Space Technologies Private Limited operates as a space safety and logistics company that offers a green propulsion and debris collision avoidance system. The company was Co-founded by its CEO Tushar Jadhav and CTO Ashtesh Kumar. In August 2025, Manastu Space Technologies Private Limited raised USD 3 million in series A funding led by new investor Capital-A. Returning investors Capital 2B, Indian Angel Network, E2MC Ventures, Deepak Bhagnani Family Office, and individual investors also participated in the round. The firm manufactures and develops I-Booster, Vyom 1U Module, and Vyom 2U Module that help aerospace industries to reduce propulsion costs. It develops a green propulsion system and offers a propellent MS-289 which is a blend of hydrogen peroxide and additives that is combusted by a high-temperature catalyst. The services offered by the firm include In-space Refuelling, life expansion services, along with D-orbiting services. The company plans to utilize the August 2025 funding to accelerate global rollout of its green space technologies and invest in satellite servicing and life extension solutions.

## Funding rounds

- Series A, Aug 12, 2025, $3M — Indian Angel Network, E2MC, Capital-A, Capital 2B, Deepak Bhagnani Family Office

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- E2MC (https://capitalatlas.ai/funds/e2mc) — Series A
- Capital-A (https://capitalatlas.ai/funds/capital-a-3) — Series A
- Capital 2B (https://capitalatlas.ai/funds/capital-2b) — Series A
- Deepak Bhagnani Family Office — Series A