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Clubhouse appoints Aarthi Ramamurthy as Head of International

Clubhouse appoints Aarthi Ramamurthy as Head of International
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Anand Mahindra-backed Agnikul raises $11 million in funding round led by Mayfield India


Anand Mahindra-backed Agnikul raises $11 million in funding round led by Mayfield India
The startup is developing Agnibaan, which is a private small satellite launch vehicle capable of carrying around 100 kg payload to Low Earth orbits with a plug-and-play engine configuration
BusinessToday.In | May 20, 2021 | Updated 13:42 IST
Anand Mahindra-backed launch vehicle startup Agnikul Cosmos has raised $11 million in Series A round, which was led by the global venture capital company Mayfield India. Existing investors pi Ventures, Speciale Invest, and Artha Ventures also invested in this round.
Besides, BEENEXT, Globevestor, and LionRock Capital, and angel investors like Anand Mahindra, Nithin Kamath, Balaji Srinivasan, Naval Ravikanth, Abhishek Singhania, Aarthi Ramamurthy and Sriram Krishnan have also backed the startup in Series A funding round. ....

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Chennai-based Agnikul raises $11 million in a series A funding


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Chennai-based Space Tech start-up, Agnikul has raised $11 million in a series A funding round led by Mayfield India, making it the largest funding round for a private Indian space technology company in India.
Existing investors, pi Ventures, Speciale Invest and Artha Venture Fund also invested in this round. The round also saw participation from Beenext, Globevestor, LionRock Capital and prominent angel investors, including Anand Mahindra, Naval Ravikant, Balaji Srinivasan, Nithin Kamath, Abhishek Singhania, Aarthi Ramamurthy and Sriram Krishnan, Anicut Angel Fund, LetsVenture among others.
The company said that the funds raised would be deployed to strengthen and build robust technology infrastructure, expand ground testing and build a team to help Agnikul become India’s first private player to launch satellites in space. As a part of this round, Mayfield India’s managing partner Vikram Godse will be joining the board of the co ....

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