Dhruva Space - About the company
Dhruva Space is a series A company based in Hyderabad (India), founded in 2012 by Chaitanya Dora Surapureddy, Abhay Egoor, Sanjay Nekkanti and Krishna Teja Penamakuru. It operates as a Provider of full-stack space engineering solutions, satellite platforms, and launch services. Dhruva Space has raised $27.7M in funding from investors like Indian Angel Network, Aditum and Blue Ashva Capital, with a current valuation of ₹*****. The company has 182 active competitors, including 31 funded and 17 that have exited. Its top competitors include companies like Terran Orbital, Apex and ReOrbit.
Company Details
Provider of full-stack space engineering solutions, satellite platforms, and launch services. They offer integrated satellite solutions coupled with earth stations. The company provides technology solutions to power space-based applications. These applications extend from Earth and beyond. The company also provides spacecraft solar arrays and imagery services.
- Website
- www.dhruvaspace.com/
- Social
- Email ID
- *****@dhruvaspace.com
- Phone Number
- +91 **********
- Registered Address
- # 702, 6-3-1192/1/1, Block I, White House Begumpet, Hyderabad, Hyderabad, Telangana, India, 500016
Key Metrics
Founded Year
2012
Location
Hyderabad, India
Stage
Series A
Total Funding
$27.7M in 12 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 25, 2026
Investors
Ranked
2nd among 182 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
303 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Dhruva Space
Dhruva Space is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dhruva Space GmbH CIN: 529573i , Austria, Active | May 15, 2015 | - | - | - |
DHRUVA SPACE PRIVATE LIMITED CIN: U74900TG2012PTC150151 , India, Active | Nov 26, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 236 (As on Feb 01, 2026) |
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Dhruva Space's funding and investors
Dhruva Space has raised a total funding of $27.7M over 12 rounds. Its first funding round was on Oct 16, 2019. Its latest funding round was a Series A round on Jul 13, 2026 for $*****. 1 investor participated in its latest round. Dhruva Space has 45 institutional investors and 89 angel investors.
Here is the list of recent funding rounds of Dhruva Space:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 13, 2026 | 1067322 | Series A | 9916867 | 5610221 | 7233191 | 1784727 |
May 15, 2026 | 9338924 | Grant (prize money) | 6002837 | 5930915 | 7352609 | 6637391 |
Feb 12, 2026 | 3728268 | Grant (prize money) | 6724917 | 6873006 | 5707755 |
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Dhruva Space's founders and board of directors
Founder? Claim ProfileThe founders of Dhruva Space are Chaitanya Dora Surapureddy, Abhay Egoor, Sanjay Nekkanti and Krishna Teja Penamakuru. Sanjay Nekkanti is the CEO of Dhruva Space.
Here are the details of Dhruva Space's key team members:
- Chaitanya Dora Surapureddy: Co-Founder & CFO of Dhruva Space and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Abhay Egoor: Co-Founder & CTO & Director of Dhruva Space and founder of 1 other company. They serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Sanjay Nekkanti: Co-Founder & CEO of Dhruva Space. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Krishna Teja Penamakuru: Co-Founder & COO of Dhruva Space. Contact Info: 1 email address
Dhruva Space's Board of Directors
Dhruva Space's board has 7 active members. Abhay Egoor, Madhav Sikka, Ashok Kumar Goel, Chaitanya Dora Surapureddy, Penamakuru Krishna Teja, Nekkanti Sanjay Srikanth and Ravi kanth Reddy Paduri are part of team.Here is the list of Dhruva Space's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 8m | |
Team | - | Current | 6y 6m | |
Team | - | Current | 6y 6m | |
Team | - | Current | 13y 7m | |
Investor | - | Current | 1y 3m | |
Investor | - | Current | 4y 2m | |
rxwxqsg | Investor | mjatjhk | Current | 1y 2m |
View details of Dhruva Space's Founder profiles and Board Members
Dhruva Space's employee count trend
Dhruva Space has 303 employees as of Jun 26. Here is Dhruva Space's employee count trend over the years:
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Dhruva Space's Competitors and alternates
Top competitors of Dhruva Space include Terran Orbital, Apex and ReOrbit. Here is the list of Top 10 competitors of Dhruva Space, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Terran Orbital 2013, Irvine (United States), Acquired | Provider of hardware for satellites | $144M | 73/100 | |
2nd |  Dhruva Space 2012, Hyderabad (India), Series A | Provider of full-stack space engineering solutions, satellite platforms, and launch services | $27.7M | 66/100 | |
3rd |  Apex 2022, Los Angeles (United States), Series D | Manufacturer of configurable satellite platforms designed for various mission requirements | $718M | 66/100 | |
4th | Manufacturer of sovereign satellites and connected systems for national security | $60.2M | 66/100 | ||
5th | Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions | $7.22M | 62/100 | ||
6th | Sophia Space 2025, Pasadena (United States), Seed | Developer of orbital compute and data centers powered by solar energy | $22M | 60/100 | |
7th | NaraSpace 2015, Busan (South Korea), Public | Manufacturer of nano satellites | $24.3M | 60/100 | |
8th |  Quantum Space 2022, Rockville (United States), Series A | Developer of maneuverable spacecraft for defense and commercial on-orbit missions | $57M | 60/100 | |
9th | NanoAvionics 2014, Vilnius (Lithuania), Acquired | Developer of nano-satellite buses | - | 60/100 | |
10th | Manufacturer of small satellite platforms, components, and related space services | $167M | 60/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Dhruva Space's competitors? Click here to see the top ones
Dhruva Space's Latest cap tables and shareholding
Founders (largest shareholder) own 44.76%, Funds own 20.86%, Enterprises own 12.05% and Angels own 15.23%. The net worth of Dhruva Space's founders is INR 898Cr as of Jun 25, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 44.76% | 898Cr | 6922947 | 6967823 | 6555117 | 7269103 |
2951473 | 7279625 | 8843775 | 2246918 | 6320767 | 9015628 | |
4765443 | 5499073 | 7710614 | 4076965 | 8294168 | 2888140 | |
4537877 | 6544511 | 7392510 | 5134703 | 6986399 | 9985766 | |
Fund | 20.86% | 418Cr | 7278723 | 9139632 | 1650447 | 3067138 |
64 | 35 | 11 | 15 | 30 | 52 | |
8 | 5 | 2 | 2 | 5 | 7 | |
Enterprise | 12.05% | 242Cr | 7055348 | 6556394 | 3510523 | 1617294 |
Angel | 15.23% | 305Cr | 7893253 | 4284711 | 4202530 | 7718179 |
Other People | 0.05% | 93.4L | 0 | 0 | 0 | 0 |
ESOP Pool | 7.05% | 141Cr | 5386737 | 2103815 | 1055201 | 7492373 |
Total | 100.00% | 2,010Cr | 2892169 | 6574546 | 4098744 | 1850412 |
To unlock detailed Cap Table of Dhruva Space Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Dhruva Space's Shareholding
Dhruva Space's Investments and acquisitions
Dhruva Space has made 2 investments in Apollyon Dynamics and Manastu Space. Dhruva Space has not made any acquisitions as of now.Reports related to Dhruva Space
Here is the latest report on Dhruva Space's sector:
News related to Dhruva Space
Filter this listMedia has covered Dhruva Space for a total of 20 events in the last 1 year, 11 of them have been about company updates and 4 about partnerships.
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Dhruva Space Bags Maiden Funding of ₹60 Crore from Antariksh Venture Capital FundBusiness Line•Jul 13, 2026•Dhruva Space, Antariksh Ventures
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Dhruva Space Wins Rs 105 Crore Grant for Project Garud, Aims to Produce 600 Satellites AnnuallyMoneycontrol•May 14, 2026•Dhruva Space, Anrf
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Dhruva, NSIL to collaborate on solar panels for satellitesNews9 Live•Apr 01, 2026•Navbharat Shipping India, Dhruva Space, NewSpace India
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Exotrail Signs Major Contracts with Three Indian Space Companies as Macron Visits IndiaSpaceWatch.Global•Feb 18, 2026•Exotrail, XDLINX, Pixxel, Dhruva Space
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IN-SPACe Selects Three Startups to Build Indigenous Small Satellite Bus PlatformsViestories•Feb 12, 2026•Astrome, Azista, Dhruva Space, IN-SPACe
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IN-SPACe, 4 space startups tie up to build India’s 1st private Earth observation constellationBusinessnewsthisweek•Jan 21, 2026•Pixxel, Dhruva Space, SatSure, PierSight and 1 other
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Dhruva Partners With Esri To Integrate Satellite ImagesElectronicsforyou•Sep 11, 2025•Dhruva Space, Esri
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