About Dhruva Space
Dhruva Space is a company based in Hyderabad (India) founded in 2012 by Sanjay Nekkanti, Krishna Teja Penamakuru, and Abhay Egoor. 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 as of September 15, 2025. Dhruva Space offers products and services including Satellite Platforms, Launch Solutions, Ground Stations, and Imagery Services. Dhruva Space operates in a competitive market with competitors including NanoRacks, Sierra Space, Manastu Space, Hadrian and Open Cosmos, among others.
- Headquarter Hyderabad, India
- Employees 128 as on 15 Sep, 2025
- Founders Sanjay Nekkanti, Krishna Teja Penamakuru, Abhay Egoor
- Stage Minicorn
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Sectors
Aerospace, Defense & Maritime
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Email
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Social
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- Legal Name Dhruva Space Private Limited
- Date of Incorporation 26 Nov, 2012
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.59 M (USD)708.08as on Mar 31, 2024
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Net Profit
-$2.34 M (USD)-252.29as on Mar 31, 2024
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EBITDA
-$2.05 M (USD)-61.51as on Mar 31, 2024
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Total Equity Funding
$31.8 M (USD)
in 12 rounds
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Latest Funding Round
$6.28 M (USD), Series A
Jul 13, 2026
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Investors
Mumbai Angels
& 144 more
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Employee Count
128
as on Sep 15, 2025
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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.
People of Dhruva Space
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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.
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.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Investor details for Dhruva Space
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Investments & Acquisitions by Dhruva Space
Investment portfolio details for Dhruva Space
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Financial Statements - Dhruva Space
Detailed financials for Dhruva Space
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Dhruva Space Comparisons
Peer comparison for Dhruva Space
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Competitors of Dhruva Space
Dhruva Space operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NanoRacks, Sierra Space, Manastu Space, Hadrian and Open Cosmos, among others.
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Space habitats are manufactured for microgravity research facilities.
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Engineering solutions are developed for space transportation, habitation, and applications.
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Green propulsion systems for satellites are manufactured using hydrogen peroxide.
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Hadrian is involved in manufacturing for future technologies.
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Nano-satellite platforms and mission launch services are offered.
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Detailed competitors of Dhruva Space
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Latest news on Dhruva Space
Complete news archive for Dhruva Space
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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 current CEO of Dhruva Space. 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.
As of Sep 15, 2025, the latest employee count at Dhruva Space is 128.
Annual revenue of Dhruva Space is $1.59M as on Mar 31, 2024.
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's top competitors include Manastu Space, Sierra Space and True Anomaly.
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.