Cosmoserve Space raises seed funding led by Rebright Partners
The round also saw participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC also invested in the startup.
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The round also saw participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC also invested in the startup.
The Bengaluru-based startup will use the fresh capital to advance Mission Synapse, a 12-month programme to demonstrate its satellite connectivity, in-orbit computing and power technologies.
The Japanese financial services group took the decision to wound down its lending-infrastructure business in December.
More than 65% of the commitments for the first close came from overseas Limited Partners (LPs), or investors.
The company recorded a 61% year-on-year increase in assets under management (AUM) to Rs 8,001 crore in Q1 FY27.
Loan disbursements rose 37% year-on-year to around Rs 3,812 crore during the first quarter of FY27.
The anonymous social media startup will use the fresh capital to scale its artificial intelligence (AI)-powered product called Tal.
The funding round also saw participation from Susquehanna Asia VC (SIG) and existing investors Peak XV Partners' Surge and Pravega Ventures.