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 $25.52 million across 10 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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Phone
*********
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Website
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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
$25.52 M (USD)
in 10 rounds
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Latest Funding Round
$6 M (USD), Series A
Nov 29, 2025
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Investors
Mumbai Angels
& 143 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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Funding Insights of Dhruva Space
Dhruva Space has successfully raised a total of $25.52M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in November 2025. 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 Total Funding
- Total Rounds 10
- Last Round Series A — $6.0M
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First Round
First Round
(16 Oct 2019)
- Investors Count 144
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series A - Dhruva Space | Valuation | Aditum | |
| Nov, 2025 | Amount | Series A - Dhruva Space | Valuation | Aditum | |
| Aug, 2024 | Amount | Series A - Dhruva Space | Valuation | Big Invest Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dhruva Space
Dhruva Space has secured backing from 144 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, SIDBI and IvyCap Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location | |
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Venture capital fund
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dhruva Space
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dhruva Space
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dhruva Space Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Space habitats are manufactured for microgravity research facilities.
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| domain | founded_year | HQ Location |
Engineering solutions are developed for space transportation, habitation, and applications.
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| domain | founded_year | HQ Location |
Green propulsion systems for satellites are manufactured using hydrogen peroxide.
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| domain | founded_year | HQ Location |
Hadrian is involved in manufacturing for future technologies.
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| domain | founded_year | HQ Location |
Nano-satellite platforms and mission launch services are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dhruva Space
Frequently Asked Questions about Dhruva Space
When was Dhruva Space founded?
Dhruva Space was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Where is Dhruva Space located?
Dhruva Space is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Dhruva Space?
Sanjay Nekkanti is the current CEO of Dhruva Space. They have also founded this company.
Is Dhruva Space a funded company?
Dhruva Space is a funded company, having raised a total of $25.52M across 10 funding rounds to date. The company's 1st funding round was a Series A of $21.58K, raised on Oct 16, 2019.
How many employees does Dhruva Space have?
As of Sep 15, 2025, the latest employee count at Dhruva Space is 128.
What is the annual revenue of Dhruva Space?
Annual revenue of Dhruva Space is $1.59M as on Mar 31, 2024.
What does Dhruva Space do?
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.
Who are the top competitors of Dhruva Space?
Dhruva Space's top competitors include Manastu Space, Sierra Space and True Anomaly.
What products or services does Dhruva Space offer?
Dhruva Space offers Satellite Platforms, Launch Solutions, Ground Stations, and Imagery Services.
Who are Dhruva Space's investors?
Dhruva Space has 144 investors. Key investors include Mumbai Angels, SIDBI, IvyCap Ventures, Primarc Pecan, and FinKurve.
What is Dhruva Space's valuation?
The valuation of Dhruva Space is $212.8M as of Nov 2025.
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