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Manastu Space Raises Funding From Angel Investor Jeet Chandan

Angel investor and BizDateUp co-founder Jeet Chandan has invested an undisclosed amount in Manastu Space, a startup focused on space safety and sustainability using advanced green propulsion and debris collision avoidance technologies.

By Jitendra Das
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Manastu Space Raises Funding From Angel Investor Jeet Chandan

Angel investor and BizDateUp co-founder Jeet Chandan has invested an undisclosed amount in Manastu Space, a startup focused on space safety and sustainability using advanced green propulsion and debris collision avoidance technologies.

The deal, which was completed in just 15 minutes, shows a strong shared vision for innovation in an industry expected to reach a trillion-dollar market by 2030.

Manastu Space had already received backing from well-known investment firms like Capital 2B, BIG Capital and E2MC. This new investment from Jeet Chandan strengthens the company’s position as a leader in sustainable space operations.

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“The space industry holds immense potential to address many challenges faced by humanity, from data-driven solutions to enhanced global connectivity through IoT platforms,” said Tushar Jadhav, Co-Founder of Manastu Space.

“At Manastu, we are committed to ensuring that space remains sustainable so its benefits can reach the last person on Earth. Our green propulsion systems are designed to maneuver satellites in space—whether to change orbits, avoid debris or safely deorbit at the end of their life, creating space for new satellites and safeguarding the orbital environment. Jeet Chandan’s vision perfectly aligns with us, making this partnership truly impactful," Jadhav added.

Jeet Chandan, co-founder of BizDateUp, said, “What drew me to invest in Manastu Space was their focus on addressing one of the most critical challenges in the space industry, sustainability. Their advanced green propulsion systems and debris collision avoidance technologies are a perfect convergence of technical ingenuity and global necessity. The team’s clarity of mission and scalable, innovative solutions made this investment compelling. I am proud to support their vision of creating a cleaner, safer, and more inclusive orbital future.”

About Manastu Space

Founded in 2017 by Ashtesh Kumar and Tushar Jadhav, Manastu Space is transforming the trillion-dollar space industry with its advanced green propulsion systems and cutting-edge debris collision avoidance technologies. These solutions address the growing problem of space debris, which poses serious risks to satellites and the entire space ecosystem. 

Manastu Space helps satellites move between orbits, avoid debris and safely deorbit when their mission ends, setting new standards for sustainability in space.

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