Tuesday
February 8
2022

SatSure Raises $5 Million in Pre-Series A round from Baring PE India, ADB Ventures, Others

Bengaluru-based SatSure will use the capital towards expanding its footprint in Southeast Asia and accelerating its product development, including launching its proprietary payloads to Low Earth Orbit.

Bengaluru-based SatSure on Monday said it raised $5 million in a pre-Series A funding round led by Baring Private Equity India and ADB Ventures, Asian Development Bank’s venture arm.

Other investors, including Flowstate VC, Force Ventures, IndigoEdge Advisors, Toch.ai, Nishchay Goel, Luckbox Ventures, and Saikiran Krishnamurthy also participated in the round.

Source: Your Story (link opens in a new window)

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Finance
Tags
financial inclusion, financial services, funding, investors, private equity