Private Equity

PE-VC Fund Investments

Xovian Aerospace raises $2-M led by investor Ashish Kacholia

Inc42  

Bengaluru-based Xovian Aerospace has raised USD 2 million (approximately INR 18.7 Cr) in a funding round led by investor Ashish Kacholia, with participation from existing investor Inflection Point Ventures (IPV).Founded in 2019 by Ankit Bhateja and Raghav Sharma, Xovian Aerospace is a spacetech startup that builds an RF intelligence infrastructure. The company develops proprietary RF satellites and AI-powered intelligence to convert radio frequency data into real-time insights, aiming to track assets like ships and aircraft when traditional imaging methods are ineffective. The new capital will be used for satellite development, strengthening its core engineering and AI teams, and forming commercial partnerships.

In Jun 2025, Xovian Aerospace had attracted about USD 2.5 M from Piper Serica, Others.