PE-VC Fund Investments
CoinDCX co-founder, ISRO scientists raise $7-M, launch spacetech co. Astrobase
Neeraj Khandelwal, the co-founder of Mumbai-based crypto investment platform CoinDCX has partnered with senior ISRO scientists Devakumar Thammisetty, Pawan Kumar, and Prashant M to launch Astrobase , a Bengaluru-based spacetech startup.Astrobase aims to build cost-efficient, high-payload launch vehicles. It has secured an engine manufacturing facility in Bengaluru’s aerospace hub and will begin production soon.The company has raised over INR 60 crore (USD 7 million) in its first funding round, led by venture firm Banyan Co.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
