Reliance Industries Leads $50 Million Funding Round in Spacetech Startup Digantara

Bengaluru-based spacetech startup Digantara has raised fresh capital in a funding round led by Reliance Industries, strengthening its plans for international expansion and satellite manufacturing capabilities. 

Funding Details and Investor Participation 

Reliance Industries led the $50 million funding round, equivalent to ₹435 crore, according to Digantara’s filing with the Registrar of Companies. The transaction values the company at around $200 million.  

Other participants in the round include 360 One Asset, Tokyo-based SBI Holdings and UpGrad founder Ronnie Screwvala, along with existing investors Peak XV Partners and Kalaari Capital.  

In July 2025, the company had been reported to be in advanced discussions with Reliance Industries regarding a potential investment. 

Technology Capabilities and Market Focus 

Digantara, which is incubated at the Indian Institute of Science, develops proprietary space-based systems to track fast-moving objects such as satellites and debris.  

Its object-tracking space camera can identify targets at resolutions of up to 5 centimetres, compared with an industry standard of around 10 centimetres.  

The company currently serves defence markets in India, the United States, the United Kingdom, Singapore, Australia and Japan, and plans to expand into Europe by mid-2026. 

Use of Funds and Sector Context 

The fresh capital will be used for global expansion, with a particular focus on the United States following announcements related to the Golden Dome missile defence system, for which Digantara is among the selected companies.  

Part of the funding will also support increased production and satellite manufacturing, with the company currently operating 3 satellites in orbit. The first 2 missions focused on space weather, while the latest mission is dedicated to space object tracking.  

The spacetech sector has seen rising investor interest, with Agnikul Cosmos raising $17 million in November 2025 at a $500 million valuation, and Ethereal Exploration Guild securing $20.5 million in a round co-led by TDK Ventures and BIG Capital this month. 

Read More: AI Semiconductor Firm Agrani Labs Raises $8 Mn in Seed Round Led by Peak XV Partners! 

Conclusion 

The $50 million funding round led by Reliance Industries marks a significant milestone for Digantara, supporting its international expansion, manufacturing scale-up and continued development of space-based object tracking capabilities amid growing investment interest in the spacetech sector. 

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