Reliance’s $50M Bet on Digantara: Fueling India’s Ascent as a Space Surveillance Superpower
In a landmark deal that reshapes the landscape of India’s private space sector, Bengaluru-based Digantara has secured a $50 million Series B round led by Reliance Industries, catapulting its valuation to approximately $200 million. This isn’t just a funding round; it’s a strategic, high-stakes endorsement from India’s largest corporate conglomerate, signaling a decisive shift of heavyweight industrial capital into the frontier of space surveillance, defense, and sovereign security.
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