Bellatrix Aerospace

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Manufacturer of electric and green satellite propulsion systems

About Bellatrix Aerospace

Bellatrix Aerospace is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2015 by Rohan M Ganapathy and Yashas Karanam. Bellatrix Aerospace has raised $52.58 million across 7 funding rounds from investors including IDFC First Bank, BASF and Inflexor. The company has 76 employees. Bellatrix Aerospace was last valued at $34.97 million in June 2022. Its chief executive, as recorded, is Rohan M Ganapathy. Its website bellatrix.aero draws about 13 thousand monthly visits. Its Indian entity Bellatrix Aerospace Private Limited reported revenue of ₹1.60 Cr. Bellatrix Aerospace offers products and services including Arka, Rudra, Pushpak, Fingernail, and Jal. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Support Engineering and Satellite Components.

Company details

Manufacturer of electric and green satellite propulsion systems. This company develops and produces a range of thrusters for various satellite applications, including Hall effect thrusters, green propulsion systems, and microwave plasma thrusters. They also offer orbital transfer vehicles and nano-satellite propulsion solutions. The company focuses on in-house technology development and manufacturing, enabling agile deliveries and adherence to global quality standards. Their products are designed for extended life, high performance, and precise deployment capabilities.

  • Headquarters Bengaluru, India
  • Employees 76
  • Founders Rohan M Ganapathy, Yashas Karanam
  • Stage Minicorn
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ••••••••
  • Website bellatrix.aero
  • Social LinkedIn X Facebook Instagram
  • Legal Name Bellatrix Aerospace Pvt. Ltd
  • Date of Incorporation 04 Feb, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹1.60 Cr

    FY 2025 · -24% YoY

  • Net Loss
    -₹25.28 Cr

    FY 2025 · -1581% margin

  • EBITDA
    -₹21.01 Cr

    FY 2025 · -1314% margin

  • Total Equity Funding
    $52.58M (USD)

    in 7 rounds

  • Latest Funding Round
    $20M (USD), Series B

    Mar 2026

  • Investors
  • Employee Count
    76

Products & Services of Bellatrix Aerospace

Bellatrix Aerospace offers a comprehensive portfolio of products and services, including Arka, Rudra, Pushpak, Fingernail, and Jal.

Arka
Electric Propulsion

Efficient thrusters optimized for extended satellite life missions

Rudra
Green Propulsion

High performance alternative to traditional Hydrazine thrusters

Pushpak
In-Space Mobility

Multi-mission platform for precise satellite deployment

Fingernail
Nano Satellites

Compact engine for small satellite propulsion systems

Jal
Microwave Plasma Thruster

Water-powered system for satellite maneuvering

Funding Insights of Bellatrix Aerospace

Bellatrix Aerospace has successfully raised a total of $52.58M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $52.58M
  • Total Rounds 7
  • Last Round Series B — $20M
  • Investors Count 29

All 7 funding rounds of Bellatrix Aerospace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$20MSeries B––
Mar 2026$20MSeries A––
Mar 2025$1.24MSeries B–Inflexor
Jun 2022$8MSeries A$34.97MInflexor, Growx
Jul 2021$342,235Seed$8.58MParampara Capital
–
Feb 2019$3MSeed$•••••Parampara Capital, Startupxseed Ventures
Aug 2017Grant––
Valuation history
DateValuationStage
Jun 2022$34.97M••••••••
Jul 2021$8.58M••••••••
Feb 2019$•••••••••••••
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Full valuation and stage history of Bellatrix Aerospace

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Last known valuation $34.97M (Jun 2022). 29 investors in total: 23 institutional and 6 angel.

Investors in Bellatrix Aerospace

Bellatrix Aerospace has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IDFC First Bank, BASF and Inflexor.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in technology and deep tech startups with a focus on innovative solutions.
2019inflexor.vcMumbai, India
Venture capital firm investing in deep tech and B2B early-stage startups.
2015startupxseed.inBengaluru, India
Venture capital and private equity firm focused on multiple sectors
Single family office of Suman Kant Munjal, Managing Director of Rockman Industries Ltd
survam.comDelhi, India
Venture capital fund backed by government financial institutions focused on early and growth stage startups
1999kitven.inBengaluru, India
Venture capital investments in technology and growth sectors are managed by Pavestone.
2021pavestone.vcHyderabad, India
Venture capital fund investing in multiple sectors
Ahmedabad, India
Investments are made in multiple sectors by Tejsar Enterprise.
Ahmedabad, India
Multiple investments are managed by the single-family office in Delhi.
Delhi, India
Early-stage investments are made in B2B and deep-tech startups.
growx.vcDelhi, India
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Investor details for Bellatrix Aerospace

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Board of directors of Bellatrix Aerospace Private Limited (Bellatrix Aerospace)

Bellatrix Aerospace Private Limited is the primary company behind Bellatrix Aerospace. The board of Bellatrix Aerospace Private Limited currently have 4 directors; the longest-serving is Rohan Ganapathy Murulidhar, appointed in 2015. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rohan Ganapathy Murulidhar
DIN 07041329
Whole-time director04 Feb 201511 yrs 9 moBellatrix Aerospace Private Limited
Yashas Karanam
DIN 07041332
Whole-time director04 Feb 201511 yrs 9 moBellatrix Aerospace Private Limited
Narendra Narayanan
DIN 00396176
Director09 Dec 201510 yrs 11 moBellatrix Aerospace Private Limited
Rajeev Vasant Kalambi
DIN 07075813
Nominee Director16 Apr 20266 moBellatrix Aerospace Private Limited

People of Bellatrix Aerospace

2 people are tracked at Bellatrix Aerospace (2 in leadership); the tracked headcount is 76.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & COOLeadership
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Financials of Bellatrix Aerospace

Figures of Bellatrix Aerospace Private Limited, the primary company behind Bellatrix Aerospace, for FY 2025. Revenue was ₹1.60 Cr (-24% year on year). Net loss was -₹25.28 Cr (-1581% margin). EBITDA was -₹21.01 Cr (-1314% margin). Revenue has grown at a compounded annual rate of +7% over five years.

  • ₹1.60 CrRevenue · FY 2025 · -24% YoY
  • -₹25.28 CrNet loss · -1581% margin
  • -₹21.01 CrEBITDA · -1314% margin
  • ₹6.4 LakhPaid-up capital
  • 76Employees (provident fund records)
  • +7%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bellatrix Aerospace Private Limited are on its company page.

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Detailed financial statements for Bellatrix Aerospace

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Timeline of Bellatrix Aerospace

4 dated milestones of Bellatrix Aerospace across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bellatrix Aerospace is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $20.0M.

Web traffic of Bellatrix Aerospace

The website of Bellatrix Aerospace (bellatrix.aero) receives about 12.7K visits a month.

  • Monthly visits
    12.7K

    ▲ 24.6% vs previous month

Top companies in Space Research & Technology

2 companies that operate in the same segment as Bellatrix Aerospace (Space Research & Technology) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of space launch services using Vikram series launch vehicles
2018Hyderabad, Telangana, IndiaUSD 150.87 MUSD 3.39 M924
Private aerospace manufacturing and commercial launch solutions are provided.
2017Chennai, Tamil Nadu, IndiaUSD 72.14 M241
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Frequently Asked Questions about Bellatrix Aerospace

Bellatrix Aerospace was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Bellatrix Aerospace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rohan M Ganapathy is the CEO of Bellatrix Aerospace, as recorded in our data. They have also founded this company.

Bellatrix Aerospace is a funded company, having raised a total of $52.58M across 7 funding rounds to date.

Bellatrix Aerospace has 76 employees.

The primary company behind Bellatrix Aerospace, Bellatrix Aerospace Private Limited, reported revenue of ₹1.60 Cr for FY 2025, down 24% year on year.

Manufacturer of electric and green satellite propulsion systems. This company develops and produces a range of thrusters for various satellite applications, including Hall effect thrusters, green propulsion systems, and microwave plasma thrusters. They also offer orbital transfer vehicles and nano-satellite propulsion solutions. The company focuses on in-house technology development and manufacturing, enabling agile deliveries and adherence to global quality standards. Their products are designed for extended life, high performance, and precise deployment capabilities.

Bellatrix Aerospace offers Arka, Rudra, Pushpak, Fingernail, and Jal.

Bellatrix Aerospace has 29 investors. Key investors include IDFC First Bank, BASF, Inflexor, First Cheque, and Startupxseed Ventures.

The valuation of Bellatrix Aerospace is $34.97M as of Jun 2022.

Bellatrix Aerospace operates through Bellatrix Aerospace Private Limited.

The legal entities of Bellatrix Aerospace currently have 4 directors, including Rohan Ganapathy Murulidhar, Yashas Karanam, Narendra Narayanan and others.

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