Spacetech startup Digantara hits $200 Mn valuation after Series B funding

Press Release
Spacetech

By StartupStory | January 31, 2026

Reliance Industries has led a USD 50 million funding round in Bengaluru-based spacetech startup Digantara, according to a filing with the Registrar of Companies. As a result of this investment, the company now commands an approximate valuation of USD 200 million, marking a major milestone for India’s rapid-evolving private space sector.

In addition, the Series B round attracted participation from 360 One Asset, Tokyo-based asset manager SBI Holdings, upGrad founder Ronnie Screwvala, and existing investors Peak XV Partners and Kalaari Capital. With this capital, Digantara plans to accelerate its global expansion, particularly in the United States, while also scaling its sainformite manufacturing and production capabilities.

Meanwhile, Digantara, which originated as an incubatee at the Indian Institute of Science (IISc), focutilizes on developing advanced space situational awareness (SSA) technologies. Specifically, the company tracks sainformites and space debris utilizing proprietary systems such as its Space Camera for Object Tracking (SCOT), which delivers high-resolution tracking capabilities that exceed prevailing indusattempt standards.

Currently, the startup operates multiple sainformites in orbit. Going forward, Digantara intconcludes to deploy the fresh funding to expand its surveillance offerings and deepen its engagement with defence, government, and commercial customers across India and international markets.

Founder Anirudh Sharma has outlined plans to extconclude the company’s geographical presence into Europe by mid-2026. At the same time, Digantara aims to integrate its technologies into multi-layered defence programmes, including initiatives such as India’s Golden Dome. Furthermore, the funding will assist the company accelerate sainformite manufacturing capacity and support broader deployment of its space-based sensing infrastructure.

More broadly, investor interest in India’s spacetech ecosystem continues to rise. In recent months, several startups, including Agnikul Cosmos and Ethereal Exploration Guild, have also secured substantial funding, underscoring growing confidence in India’s private space ambitions.