About Dhruva Space
Dhruva Space is an Aerospace, Defense & Maritime company based in Hyderabad (India) founded in 2012 by Sanjay Nekkanti, Krishna Teja Penamakuru, and Abhay Egoor. Provider of full stack space engineering solutions. Dhruva Space has raised $31.8 million across 12 funding rounds from investors including Mumbai Angels, SIDBI and IvyCap Ventures. The company has 128 employees. Dhruva Space was last valued at $212.8 million in November 2025. Its chief executive, as recorded, is Sanjay Nekkanti. Its website dhruvaspace.com draws about 17 thousand monthly visits. Its Indian entity Dhruva Space Private Limited reported revenue of ₹11.10 Cr. Dhruva Space offers products and services including Satellite Platforms, Launch Solutions, Ground Stations, and Imagery Services. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Support Engineering and Diversified.
Company details
Dhruva Space was established in 2012 in Hyderabad, India, within the space engineering sector. Integrated satellite platforms, launch capabilities, and ground station solutions are offered as complete packages or standalone technologies. Applications supported include communications, climate monitoring, earth observation, and emergency response. Spacecraft solar arrays are developed, and imagery services are delivered to address space-based needs.
- Headquarters Hyderabad, India
- Employees 128
- Founders Sanjay Nekkanti, Krishna Teja Penamakuru, Abhay Egoor
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website dhruvaspace.com
- Social LinkedIn X Facebook
- Legal Name Dhruva Space Private Limited
- Date of Incorporation 26 Nov, 2012
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹11.10 Cr
FY 2025 · -18% YoY
- Net Loss-₹38.42 Cr
FY 2025 · -346% margin
- EBITDA-₹32.78 Cr
FY 2025 · -295% margin
- Total Equity Funding$31.8M (USD)
in 12 rounds
- Latest Funding Round$6.28M (USD), Series A
Jul 2026
- InvestorsMumbai Angels
& 144 more
- Employee Count128
Associated legal entities of Dhruva Space
Dhruva Space operates through Dhruva Space Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dhruva Space Private Limited CIN U74900TG2012PTC150151 | Active | 26 Nov 2012 | Hyderabad, Telangana | ₹11.1 Cr | 128 | 9 | View details |
Products & Services of Dhruva Space
Dhruva Space offers a comprehensive portfolio of products and services, including Satellite Platforms, Launch Solutions, Ground Stations, and Imagery Services.
Provides platforms for satellite deployment and operations.
Offers services for satellite launches and missions.
Supports communication and data handling for space applications.
Delivers earth observation and imaging capabilities.
Funding Insights of Dhruva Space
Dhruva Space has successfully raised a total of $31.8M across 12 strategic funding rounds. The most recent funding activity was a Series A round of $6.28 million completed in July 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 $31.8M
- Total Rounds 12
- Last Round Series A — $6.28M
- First Round $682,612
(Oct 2019)
- Investors Count 145
Latest 10 of 12 funding rounds of Dhruva Space with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2026 | $6.28M | Series A | – | – | – |
| Feb 2026 | $551,450 | Grant | – | – | |
| Nov 2025 | $6M | Series A | – | Aditum | |
| Nov 2025 | $3.44M | Series A | $212.8M | Aditum | |
| Aug 2024 | $21,580 | Series A | $107.11M | Big Invest Group | – |
| Apr 2024 | $2.88M | Debt – Venture | – | – | |
| Mar 2024 | $6.47M | Series A | $••••• | – | |
| Aug 2023 | $2.99M | Series A | $••••• | – | |
| Oct 2022 | $2.67M | Series A | $••••• | Blue Ashva Capital, 12 E 37 | |
| Oct 2020 | $3.24M | Series A | $••••• | Ravikanth Reddy, Indian Angel Network |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2025 | $212.8M | •••••••• |
| Aug 2024 | $107.11M | •••••••• |
| Mar 2024 | $••••• | •••••••• |
| Aug 2023 | $••••• | •••••••• |
| Oct 2022 | $••••• | •••••••• |
| Oct 2020 | $••••• | •••••••• |
| Oct 2019 | $••••• | •••••••• |
Full valuation and stage history of Dhruva Space
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $212.8M (Nov 2025). 145 investors in total: 37 institutional and 108 angel.
Investors in Dhruva Space
Dhruva Space has secured backing from 145 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, SIDBI and IvyCap Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in startups from leading Indian institutions across various sectors. | 2011 | ivycapventures.com | Mumbai, India | |
Venture capital fund | silverneedle.vc | Hyderabad, India | ||
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Investment and incubation services in innovative and sustainable sectors. | 2019 | blueashvacapital.com | Singapore, Singapore | |
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India | ||
Private equity firm focused on multiple sectors | Bengaluru, India | |||
Venture capital fund focused on fintech and multiple sectors | Kolkata, India | |||
Venture capital firm focused on space tech sectors | ||||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
| haf.vc |
Investor details for Dhruva Space
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Dhruva Space Private Limited (Dhruva Space)
Dhruva Space Private Limited is the primary company behind Dhruva Space. The board of Dhruva Space Private Limited currently have 7 directors; the longest-serving is Nekkanti Sanjay Srikanth, appointed in 2012. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nekkanti Sanjay Srikanth DIN 05315635 | Director | 26 Nov 2012 | 13 yrs 11 mo | Dhruva Space Private Limited |
| Abhay Egoor DIN 07291174 | Director | 05 Oct 2018 | 8 yrs 1 mo | Dhruva Space Private Limited |
| Ravi Kanth Reddy Paduri DIN 02249829 | Director | 10 Oct 2019 | 7 yrs 1 mo | Dhruva Space Private Limited |
| Penamakuru Krishna Teja DIN 07501866 | Director | 04 Dec 2019 | 6 yrs 11 mo | Dhruva Space Private Limited |
| Chaitanya Dora Surapureddy DIN 07782662 | Director | 04 Dec 2019 | 6 yrs 11 mo | Dhruva Space Private Limited |
| Ashok Kumar Goel DIN 00025350 | Nominee Director | 12 Apr 2022 | 4 yrs 7 mo | Dhruva Space Private Limited |
| Madhav Sikka DIN 02715131 | Nominee Director | 02 Apr 2025 | 1 yr 7 mo | Dhruva Space Private Limited |
People of Dhruva Space
15 people are tracked at Dhruva Space (7 in leadership, 8 in team); the tracked headcount is 128.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder & CTO | Leadership | |
| Chief Financial Officer | Leadership | |
B V S Narasinga Rao | Vice President Finance | Leadership |
Vishal Latha Balakumar | Director - Space Missions | Leadership |
Kalpana Sumanth | Human Resources Director | Leadership |
Rahul Barnwal | Firmware Engineer-i | Team |
Debanjan Mandal | Senior Project Management Associate | Team |
Ishwarya K | Firmware Engineer | Team |
Radha Krishna Kavuluru | Principal Engineer - Software & Firmware | Team |
Rohith Badri Gari | Senior Associate - Geoint | Team |
Syed Ahmed Alisha | Firmware Engineer III | Team |
Vinay Bhargav Nama | Senior Project Manager | Team |
Abishek Balendran | Investor | Team |
Complete people profiles for Dhruva Space
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Dhruva Space
Figures of Dhruva Space Private Limited, the primary company behind Dhruva Space, for FY 2025. Revenue was ₹11.10 Cr (-18% year on year). Net loss was -₹38.42 Cr (-346% margin). EBITDA was -₹32.78 Cr (-295% margin). Revenue has grown at a compounded annual rate of +88% over three years and +137% over five years.
- ₹11.10 CrRevenue · FY 2025 · -18% YoY
- -₹38.42 CrNet loss · -346% margin
- -₹32.78 CrEBITDA · -295% margin
- ₹6.6 LakhPaid-up capital
- 128Employees (provident fund records)
- +88%Revenue CAGR, 3 years
- +137%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dhruva Space Private Limited are on its company page.
Detailed financial statements for Dhruva Space
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Dhruva Space
4 dated milestones of Dhruva Space across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Dhruva Space is founded.
- Funding First funding round of $683K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $6.3M.
Web traffic of Dhruva Space
The website of Dhruva Space (dhruvaspace.com) receives about 17.2K visits a month.
- Monthly visits17.2K
▲ 41% vs previous month
Websites whose visitors overlap most with Dhruva Space. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
space-careers.com | space-careers.com | 100% | #798,115 | – |
Top companies in Space Research & Technology
2 companies that operate in the same segment as Dhruva Space (Space Research & Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of space launch services using Vikram series launch vehicles | 2018 | Hyderabad, Telangana, India | USD 150.87 M | USD 3.39 M | 924 | |
Private aerospace manufacturing and commercial launch solutions are provided. | 2017 | Chennai, Tamil Nadu, India | USD 72.14 M | 241 |
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Frequently Asked Questions about Dhruva Space
Dhruva Space was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Dhruva Space is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sanjay Nekkanti is the CEO of Dhruva Space, as recorded in our data. They have also founded this company.
Dhruva Space is a funded company, having raised a total of $31.8M across 12 funding rounds to date. The company's 1st funding round was a Series A of $3.24M, raised on Oct 2019.
Dhruva Space has 128 employees.
The primary company behind Dhruva Space, Dhruva Space Private Limited, reported revenue of ₹11.10 Cr for FY 2025, down 18% year on year.
Dhruva Space was established in 2012 in Hyderabad, India, within the space engineering sector. Integrated satellite platforms, launch capabilities, and ground station solutions are offered as complete packages or standalone technologies. Applications supported include communications, climate monitoring, earth observation, and emergency response. Spacecraft solar arrays are developed, and imagery services are delivered to address space-based needs.
Dhruva Space offers Satellite Platforms, Launch Solutions, Ground Stations, and Imagery Services.
Dhruva Space has 145 investors. Key investors include Mumbai Angels, SIDBI, IvyCap Ventures, Primarc Pecan, and FinKurve.
The valuation of Dhruva Space is $212.8M as of Nov 2025.
Dhruva Space operates through Dhruva Space Private Limited.
The legal entities of Dhruva Space currently have 9 directors, including Nekkanti Sanjay Srikanth, Abhay Egoor, Penamakuru Krishna Teja and others.