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BENGALURU AEROSPACE STARTUP
Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- Industry expects policy continuity, faster execution under Shivakumar in KarnatakaExecutives from the technology, semiconductor and digital economy ecosystem said Karnataka’s long-standing strengths in talent, research an...
- Bellatrix readying ultra-low orbit satellitesThe Bengaluru-based company is targeting launches in 2027 or 2028 and is positioning the project as a potential breakthrough in very low Ea...
- Karnataka plans to set up drone testing hub near BengaluruKarnataka is set to establish a dedicated drone flight testing facility near Bengaluru. The state aims to streamline regulations and attrac...
- Karnataka to strengthen collaboration with Chile across digital services, startups, talent exchangeKarnataka is set to enhance its digital services, startup ecosystem, and talent exchange with Chile. A high-level meeting explored partners...
- State planning commission pitches tech ecosystem push beyond Bengaluru to tier-II, III citiesKarnataka plans to expand its technology ecosystem beyond Bengaluru to tier-II and tier-III cities, aiming to decentralize innovation. The ...
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Indian space co Skyroot becomes first $1 billion space-tech startup with GIC, Sherpalo, Blackrock backingSkyroot Aerospace, an Indian space company, has achieved a valuation of one billion dollars. This milestone follows a recent funding round ...
- BEL, Metamind and Kristellar sign MoU for developing futuristic technologiesDefence PSU BEL, Metamind Systems, and Kristellar Aerospace have signed an MoU to co-develop future-ready products and technologies for def...
- UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
- India’s largest private satellite ‘Drishti’ lifts off, marks global first in OptoSAR imagingSpacetech startup GalaxEye successfully launched its first earth observation satellite, Mission Drishti, aboard a SpaceX Falcon 9. This 190...
- Calligo in talks to raise $12-15 million to scale indigenous RISC-V chip playBengaluru's Calligo Technologies is in talks to secure $12-15 million in funding. US-based BIG Capital is expected to lead the investment r...
- One giant leap for AI: Companies rethink how and where data is processedBig tech and startups are developing orbital data centers to process AI-driven data in space, reducing latency and energy use. This edge co...
- Spacetech startups spot promise in defence apps; it's road of tough choicesIn response to escalating geopolitical strains, Indian spacetech startups are making a bold pivot from commercial focuses to military appli...
- IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndia's largest airline, IndiGo, has invested Rs 10 crore in Bengaluru-based Sarla Aviation, a startup developing electric flying taxis. Th...
- IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndiGo, India’s largest airline, has invested in Bengaluru-based Sarla Aviation, which is developing an electric aircraft to be used as fly...
- Proptech startup Helium raise Rs 5 crore from Kunal Shah, Albinder Dhindsa, othersThe startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...
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