India, Aug. 27 -- Spacetech startup InspeCity has raised Rs.100 Cr (around $10.4 Mn) in its pre-Series A funding round co-led by veteran investor Ashish Kacholia and Speciale Invest. The round also saw participation from Antler India, Shastra VC, and a host of existing backers and angel investors.

The Thane-based startup plans to deploy the freshly raised capital to fuel four in-orbit missions over the next 12-18 months and push its in-space servicing technologies towards flight qualification and commercial deployment. It also plans to expand its team.

Speaking to Inc42, InspeCity cofounder Arindrajit Chowdhury said that the startup is going to focus on three key areas - government-backed R&D projects, upcoming space missions and the pr...