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CoinDCX co-founder, ISRO scientists raise $7-M, launch spacetech co. Astrobase
Source Astrobase (opens in a new tab)Entrackr (opens in a new tab)
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.