India, April 1 -- Spacetech startup Xovian Aerospace has secured $2 Mn (about Rs.18.7 Cr) in a fresh funding round led by ace investor Ashish Kacholia, with participation from existing backer Inflection Point Ventures (IPV).

Xovian, which is preparing to launch its first AI-native RF (radio frequency) satellite, will deploy the capital for satellite development, strengthening its core engineering and AI teams and forge commercial partnerships. 

Founded in 2019 by Ankit Bhateja and Raghav Sharma, Xovian is building an RF intelligence infrastructure. Under this, it is developing proprietary RF satellites and AI-powered "intelligence" that will convert RF data into real-time insights. 

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