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 $37.4M in funding from investors like Indian Angel Network, Aditum and Blue Ashva Capital, with a current valuation of ₹*****. The company has 324 active competitors, including 29 funded and 20 that have exited. Its top competitors include companies like D-Orbit, OHB and U-Space.
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
$37.4M in 12 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 04, 2026
Investors
Ranked
1st among 324 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
311 as on May 31, 2026
Investment & Acquisitions
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) | 311 (As on May 31, 2026) |
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Dhruva Space's funding and investors
Dhruva Space has raised a total funding of $37.4M over 12 rounds. Its first funding round was on Oct 16, 2019. Its latest funding round was a Series A round on Jun 25, 2026 for $*****. 5 investors participated in its latest round. Dhruva Space has 53 institutional investors and 97 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 |
|---|---|---|---|---|---|---|
Jun 25, 2026 | 5099787 | Series A | 8816232 | 9294086 | 2081766 | 8260251 |
May 15, 2026 | 9507918 | Grant (prize money) | 4508136 | 6385080 | 4665858 | 6010062 |
Feb 12, 2026 | 5681491 | Grant (prize money) | 7128835 | 4293848 | 7746069 |
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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, Ravi Kanth Reddy Paduri and Nekkanti Sanjay Srikanth are part of team.Here is the list of Dhruva Space's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 11m | |
Team | - | Current | 5y 11m | |
Team | - | Current | 5y 11m | |
Team | - | Current | 13y 9m | |
Investor | - | Current | 1y 5m | |
Investor | - | Current | 4y 5m | |
aokuxot | Investor | gyswa{y | Current | 6y 3m |
View details of Dhruva Space's Founder profiles and Board Members
Dhruva Space's employee count trend
Dhruva Space has 311 employees as of May 26. The total employee count is 85.0% more than what it was in May 25. 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 D-Orbit, OHB and U-Space. 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 |  Dhruva Space 2012, Hyderabad (India), Series A | Provider of full-stack space engineering solutions, satellite platforms, and launch services | $37.4M | 69/100 | |
2nd | Operator of orbital transportation, in-orbit servicing, and mission control software | $223M | 64/100 | ||
3rd | Developer of space systems, aerospace structures, and digital technology applications | - | 62/100 | ||
4th | Developer of small satellite solutions, from preliminary studies to operations support | $34.8M | 61/100 | ||
5th |  Redwire Space 2020, Jacksonville (United States), Public | Developer of diversified satellite components | - | 61/100 | |
6th |  True Anomaly 2022, Centennial (United States), Series D | Developer of materials and products for space solutions | $1.03B | 60/100 | |
7th |  Turion Space 2020, Irvine (United States), Series B | Developer of autonomous satellites for debris removal and situational awareness | $79.8M | 59/100 | |
8th | Voyager Space 2019, Denver (United States), Public | Provider of systems and solutions for space applications | - | 58/100 | |
9th | Proteus Space 2021, Glendale (United States), Seed | Manufacturer of electronic propulsion systems | $14.4M | 58/100 | |
10th |  Scout Space 2019, Reston (United States), Series A | Developer of sensor systems, autonomy software, and data platforms for space | $29M | 58/100 |
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Dhruva Space's Latest cap tables and shareholding
Founders (largest shareholder) own 43.71%, Funds own 21.36%, Enterprises own 12.78% and Angels own 15.22%. The net worth of Dhruva Space's founders is INR 898Cr as of Aug 04, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 43.71% | 898Cr | 1736296 | 7016828 | 7327429 | 7551793 |
2777151 | 4410123 | 4974244 | 7418416 | 1125943 | 7959390 | |
8389035 | 9418426 | 8440045 | 4007944 | 8104164 | 8020890 | |
8480880 | 7054477 | 6477795 | 1952407 | 6231716 | 6003972 | |
Fund | 21.36% | 439Cr | 8933021 | 5286183 | 7901144 | 3978558 |
9299 | 1694 | 9814 | 8872 | 2728 | 2120 | |
34 | 22 | 92 | 27 | 91 | 75 | |
7 | 5 | 7 | 3 | 7 | 5 | |
Enterprise | 12.78% | 262Cr | 2825057 | 3154179 | 1218402 | 4331649 |
Angel | 15.22% | 313Cr | 7639951 | 2515089 | 9081379 | 2665228 |
Other People | 0.05% | 93.4L | 0 | 0 | 0 | 0 |
ESOP Pool | 6.89% | 141Cr | 240904 | 932047 | 761129 | 857941 |
Total | 100.00% | 2,050Cr | 1869612 | 1712733 | 6284428 | 1442503 |
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 17 events in the last 1 year, 9 of them have been about company updates and 3 about partnerships.
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Dhruva Space Partners with Thales Alenia Space for Global Satellite VenturesDeccan Herald•Sep 18, 2026•Thales Alenia Space, Dhruva Space
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Dhruva Space: Hyderabad Startup Building India's Full-Stack Space InfrastructureOfficeChai•Aug 22, 2026•Dhruva Space
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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
•
•
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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