India, Oct. 30 -- Spacetech startup Manastu Space raised Rs.22 Cr ($2.3 Mn) from Gandhi Securities and Investments, the Thacker Legacy Trusts, and a clutch of angel investors in what appears to be an extension of its Series A funding round.

It appears the startup intends to raise a further Rs.9.2 Cr from Capital A that has yet to be confirmed. The round size can change before its closure.

Beyond this sum, the startup also initially issued CCPS worth a further Rs.2.5 Cr to Aakash founder Aakash Chaudhry, which were later cancelled.

Inc42 accessed the funding details through Manastu's regulatory filings. Queries sent to the startup went unanswered until the time of publication.

"The purpose of the offer is to raise funds for the researc...