Skyroot Aerospace Private Limited, a private launch vehicle developer, has inaugurated its new Infinity Campus in Hyderabad. The facility, which spans about 200,000 square feet, will support the design, development, integration and testing of multiple launch vehicles. It has been created with the capacity to build one orbital-class rocket each month, marking a significant expansion […]
Axirium Aerospace has raised USD 3.5 million in seed funding to expand its precision manufacturing capabilities and establish its first production facility. The round was led by Shastra VC and BEENEXT, with participation from angel investors Ashish Gupta and PVS Raju. The company plans to use the capital to scale operations, strengthen engineering teams, and […]
Tsuyo Manufacturing Private Limited, a New Delhi-based electric vehicle (EV) component maker, has raised USD 4.5 million in a funding round led by climate-focused venture capital firm Avaana Capital, with participation from several strategic investors. The funding will support the establishment of a new greenfield manufacturing plant, the creation of a research and development centre, […]
OrbitAID Aerospace Private Limited and ispace inc. have signed a memorandum of understanding to collaborate on technologies for in-space refueling and docking to support long-term lunar operations. The partnership focuses on integrating OrbitAID’s Standardized Interface for Docking and Refueling Payload (SIDRP) with ispace’s lunar landers to enable seamless refueling during lunar missions. According to a […]
Pfizer Limited has signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade (DPIIT) to collaborate under the Startup India initiative. The agreement is linked to the launch of the 2025 edition of Pfizer’s INDovation MedTech programme, which began on 2 September. The initiative will select 14 startups for support, […]
The Ratan Tata Innovation Hub (RTIH) was inaugurated at Mayuri Tech Park in Mangalagiri, Andhra Pradesh, on 20 August 2025. The facility aims to support 20,000 startups and create more than 100,000 direct jobs within the next five years, with a broader target of 556,000 jobs linked to 113 signed industrial projects. The central hub […]
Infineon India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to strengthen collaboration with startups in the fields of microelectronics, electromobility, and the Internet of Things. The agreement is aimed at encouraging engineering students, product startups, innovators, and entrepreneurs to participate in design challenges using […]
Speciale Invest, a venture capital firm, has closed its third fund at INR 6 billion, surpassing an initial target of INR 5 billion. The firm plans to make 18–20 investments over the next four years in areas that include space, advanced manufacturing, energy, health, and artificial intelligence. The firm said Fund III will focus on […]
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Ather Energy to support electric vehicle (EV) manufacturing and promote deep-tech startup development in India. The partnership falls under the Startup Policy Forum’s “Build in Bharat” initiative, which includes over 50 innovation-focused startups. Under the agreement, DPIIT […]
Ethereal Machines, a Bengaluru-based precision manufacturing startup, has signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. The partnership focuses on enabling startups with access to cutting-edge manufacturing infrastructure, fostering industry mentorship, and supporting defence-tech innovation as part of a coordinated national ecosystem initiative. This […]