Dhruva Space has secured a Rs 105 Cr grant from the Centre for its Project Garud, aimed at developing a satellite platform for high-volume deployment.
Amount Raised
₹1.05 Billion
Round Type
Grant
HyderabadOtherSoftwareEngineering ServicesDescription
Hyderabad-based Dhruva Space has received a grant of Rs 105 crore from the Centre's Research, Development and Innovation Fund for Project Garud. This project focuses on developing a standardised 500 kg-class platform designed for high-volume satellite deployment. The satellite platform is crucial for providing essential services to the payload and enabling mission objectives.
Quick answer
Dhruva Space raised ₹1.05 Billion in a Grant round, dated May 15, 2026. Dhruva Space is based in Hyderabad, Telangana, India.
- How much did Dhruva Space raise?
- Dhruva Space raised ₹1.05 Billion in a Grant round on May 15, 2026.
- What does Dhruva Space do?
- Dhruva Space is a full-stack Space-Engineering solutions provider, active across the Space (Satellite Platforms & Subsystems), Launch (Deployers) and Ground (Earth Stations) segments.
- Where is Dhruva Space based and how big is it?
- Dhruva Space is based in Hyderabad, Telangana, India. Fundz records about 51 employees.
- Who are the decision-makers at Dhruva Space?
- Fundz holds 1 contact at Dhruva Space. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Engineering Services and Software around the same time
Companies in the same sectors as Dhruva Space that raised within 45 days of this round, from Fundz verified event records.
- Macrodata Labs raised $4M (Pre-Seed) on June 29, 2026.
- Arato raised $10M (Seed) on June 29, 2026.
- Circeus raised an undisclosed amount on June 29, 2026.
- Incuspaze raised $18M (Funding Round) on June 29, 2026.
- Quantifind raised $200M (Funding Round) on June 29, 2026.
- Open Vision Engineering raised $11M (Funding Round) on June 29, 2026.
Who to call at Dhruva Space, and when
A new round usually means Dhruva Space is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dhruva Space raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dhruva Space, from your own LinkedIn network
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Related People
Dhruva Space raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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