Mukesh Ambani’s Space Bet: Reliance in Talks to Invest $50 Million in Spacetech Start-up Digantara

As per an Economic Times report, Reliance Industries is evaluating a strategic investment in Bengaluru-based Digantara, signalling its increasing interest in the spacetech sector. The proceeds from the $50 million funding round are expected to be deployed towards capital expenditure, primarily in building essential infrastructure. Among expected participants are Digantara’s existing backers, such as Peak XV Partners, further elevating the startup’s market credibility. 

This increasing attention stems from the rising demand for indigenous space situational awareness capabilities amid geopolitical uncertainties.

India's Growing Space Tech Ecosystem

The broader space tech sector in India is thriving. Growing at a 12% CAGR, it is expected to reach ₹1.2 lakh crore by 2025. Government policies like the Indian Space Policy 2023 and increasing public-private partnerships are giving the sector an added boost. Digantara’s recent capital infusion could be a pivotal milestone in reinforcing India's position in global space infrastructure.

Read More: Reliance Industries to Host 48th AGM on August 29, Announces Dividend Record Date!

About Digantara and Its Core Vision

Founded in 2018 by Anirudh Sharma, Rahul Rawat and Tanveer Ahmed, Digantara has steadily built an end-to-end platform for space situational awareness. The startup focuses on tracking orbital movement and reducing risks in satellite operations. With its ambitious goals aligned with India’s Make in India push in aerospace, Digantara seeks to serve global markets with specialised data-led solutions.

Reliance Industries Share Price Performance

On August 4, 2025, Reliance Industries share price opened at ₹1,395.10 on NSE, above the previous close of ₹1,393.70. During the day, it surged to ₹1,413.00 and dipped to ₹1,391.70. The stock is trading at ₹1,411.90 as of 10:39 AM. The stock registered a gain of 1.31%.

Over the past week, it has declined by 0.37%, over the past month, it has declined by 8.41%, and over the past 3 months, it has declined by 1.36%.

Conclusion

Reliance Industries’ potential $50 million investment in Digantara marks a significant step towards boosting India’s private space sector capabilities. With government support and growing defence priorities, such investments highlight the convergence of industrial power and space innovation.

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