A seed round led by HVB 88 Angels and O2 Angels Network secured $800,000 (about Rs 6.5 crore) for the spacetech startup Spacefields. This is the business's first institutional and external fundraising round.

Spacetech firm PierSight, which focuses on maritime tracking, secured $6 million in initial funding backed by Elevation Capital and Alpha Wave Global.

Skyroot Aerospace, a company in the space industry, showcased its locally made Vikram-1 rocket, which is anticipated to launch satellites into low earth orbit in the first few months of 2019. The MAX-Q Campus, the new headquarters of Skyroot Aerospace at the GMR Aerospace and Industrial Park in Mamidipally, South Hyderabad, was unveiled as well by Science and Technology Minister Jitendra Singh.

Agnikul Cosmos, a startup in space technology, secured $26.7 million from investors including investment firm Rocketship.vc and venture capital firm Celesta Capital.

[Funding alert] Chandrayaan-2 Scientist's SpaceTech Startup PierSight raises $600K in Pre-seed Funding

GalaxEye Space, a startup in the spacetech sector, has raised $3.5 million in a seed round led by Speciale Invest.

Spacetech startup SatSure has raised Pre-Series A round of $5 Mn funding led by Baring Private Equity India and ADB Ventures, others