Manastu Space raises ₹22 crore in ongoing round
In short
Spacetech startup Manastu Space raised ₹22 crore, or about $2.3 million. The money came from Gandhi Securities and Investments, the Thacker Legacy Trusts and one other backer.
The report does not say the startup’s valuation or what the money will fund. The new cash may help the company grow, but those details are not stated.
What the reporting says
Manastu Space raised ₹22 crore, or about $2.3 million, in an ongoing funding round from Gandhi Securities and Investments, the Thacker Legacy Trusts and another unnamed backer. The summary identifies the startup as spacetech but does not give the full roster of investors, valuation, or use of proceeds. The immediate consequence is added capital for the company, while the remaining terms are not stated.
Why it matters
Manastu Space raised ₹22 crore, or $2.3 million, in an ongoing funding round from Gandhi Securities and Investments, the Thacker Legacy Trusts and another unnamed investor. The deal matters for the startup and the spacetech sector because it adds fresh capital. The reporting does not state valuation, the full investor list, or planned use of funds.