Space tech startup Digantara raises $50 million in Series B funding with participation from 360 ONE Asset, Ronnie Screwvala, others

The company said the fresh capital will be used to expand beyond India and the US, set up new manufacturing facilities, and significantly ramp up its research and development teams over the next year.

Bengalur-based space tech startup Digantara Industries has closed a $50 million Series B, as it looks to scale operations globally and broaden its role in national security-linked space intelligence.

The round saw participation from new investors, including 360 ONE Asset, SBI Investments Co Japan, and entrepreneur Ronnie Screwvala, along with continued backing from existing investors Peak XV Partners and Kalaari Capital.

The company said the fresh capital will be used to expand beyond India and the US, set up new manufacturing facilities, and significantly ramp up its research and development teams over the next year.

Founded in 2020 by Anirudh Sharma, Digantara started out as a space situational awareness company focused on tracking objects in orbit.

It is now positioning itself as a full-stack space surveillance and intelligence firm, building its own hardware, software and analytics systems aimed at sovereign and defence customers.

“Space is no longer a frontier, it is the new high ground for national security,” Sharma said, adding that the funding will help accelerate the company’s expansion into the US and Europe, and support new programmes in areas such as missile warning and tracking.

Digantara currently operates out of India, Singapore and the United States, and plans to enter Europe by mid-2026. The company claims to have secured large orders and mission contracts from defence and commercial intelligence customers, though it did not disclose specific details.

Digantara’s offering include integrated infrastructure platform, AIRA, which combines space-based sensors with ground systems. The startup will also launch satellite constellations for surveillance and missile tracking, as well as a growing network of ground sensors.