Other Private Equity/Strategic Investments
Satellite-based decision analytics co SatSure attracts funding from ICICI, Kotak, HDFC bank
Bengaluru-based SatSure, a deep-tech decision intelligence company, has onboarded ICICI Bank, Kotak Mahindra Bank, and HDFC Ltd as strategic investors in the company. SatSure had raised a pre-Series A round of INR 34 crore in November 2021 led by Baring Private Equity India, along with ADB Ventures (Asian Development Bank's venture arm). SatSure plans to use the funding to accelerate owning a fleet of four data-producing satellites by 2024. SatSure offers three main decision intelligence product suites - SatSure Sparta, a platform for providing agriculture and climate-related insights; SatSure Sage - loan lifecycle risk monitoring and business intelligence platform for agriculture financial service;, and SatSure Skies, a high-resolution satellite imagery-based infrastructure change detection platform.
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