Hyderabad-based Dhruva Space closes Series A round at ₹123 crore

Dhruva Space, a Hyderabad-based full-stack space engineering solutions provider, has announced the closure of its Series A funding at Rs 123 crore. The round was structured into two parts, with Series A1 bringing in Rs 45.51 crore and Series A2 securing Rs 78 crore. It plans to use the raised capital for its upcoming spacecraft manufacturing facility and acquisition plans.