Indian space-tech firm Digantara Industries said on Tuesday it had raised $50 million in a funding round to develop indigenous space surveillance capabilities and strengthen its presence in the $60 billion global space monitoring and intelligence market.
The Bengaluru-based startup, backed by Peak XV Partners and Kalaari Capital, secured funds from large investors including SBI Holdings Japan, 360 One Asset and film producer Ronnie Screwvala, it said in a release.
It did not disclose its valuation after the funding round.
Space traffic and debris management is an escalating concern for the global space industry, with low Earth orbit the most congested with human-made objects as it offers a balance between cost and proximity, making it a prime target for the rapidly growing commercial space sector.
The investment will help Digantara expand from tracking space debris and satellites to becoming a full-stack space surveillance and intelligence company.
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“This capital accelerates our path to operational readiness, expand into the U.S. and Europe, and drive new programs in missile warning, tracking, and space-based interceptors,” founder and chief executive Anirudh Sharma said.
Founded in 2020, Digantara builds homegrown hardware, software and artificial intelligence-driven analytics for governments and defence agencies across India, the U.S., the UK, Singapore, Australia and Japan, with plans to expand into Europe by mid-2026.
The company also operates ‘SCOT’, a commercial space-surveillance satellite launched in January 2025, and is developing homegrown systems, with all hardware designed and manufactured in Bengaluru.
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