The latest capital infusion marks the final close of the Bengaluru-based startups Series A stage of funding at $12 million. In June 2023, Digantara had raised $10 million led by Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).
India News: Bengaluru-based space startup Digantara has raised an additional $2 million in financing. The funding round saw participation from investors like Aditya Birla Ventures and the Small Industries Development Bank of India. Digantara aims to provide comprehensive datasets and precise orbital insights to ensure space safety.
The Ananya Birla-led firm, India’s second largest microlender, is set to raise ₹2,000 crore from private equity firms Advent International and Multiples Private Equity
Santrupt Misra, director of group HR at Aditya Birla Group, is leaving after nearly three decades. Ashok Ramchandran will replace him as director of HR.
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