Dhruva Space lines up pre-Series B backing led by Indusbridge Ventures
The satellite company has authorised a ₹147 crore share issue, with part of the financing still pending.
Dhruva Space has secured investment and commitments toward a pre-Series B financing led by Indusbridge Ventures, Entrackr reported on November 12, 2026. Its board approved a ₹147 crore preference share issue.
The filings report identifies ₹60 crore invested by Indusbridge Ventures, ₹46.9 crore by Antariksh Venture Capital Fund and ₹10 crore by PVS Raju. Blue Ashva Sampada Fund committed ₹18.22 crore; its payment and Akshat Greentech’s investment had yet to be received. The full authorised amount has not been reported as closed.
The financing will support communications and Earth observation satellites, working capital and infrastructure. Dhruva Space builds satellite systems and offers launch integration and ground services.
Use of funds
Develop and launch communications and Earth observation satellites
Fund working capital and infrastructure