India, May 14 -- Spacetech startup Dhruva Space has secured Rs.105 Cr ($10.9 Mn) in grant support under the Centre's Research, Development & Innovation Fund (RDIF) for 'Project Garud', a next-generation 500 kg-class satellite platform aimed at enabling large-scale constellation deployments.

Project Garud aims to build a standardised and production-ready satellite platform for large-scale deployments across telecom, earth observation and national security use cases.

The development comes months after Dhruva Space moved to raise funds in its ongoing pre-Series B round in February this year. The startup proposed to raise Rs.38.7 Cr from investors including IAN Alpha Fund, GVFL, Blue Ashva Capital and Pradeep Sinha, following its Rs.51.76 C...