SatSure Partners Dhruva Space To Offer Earth Observation Solutions

Bengaluru-based spacetech startup SatSure has signed a memorandum of understanding (MoU) with spacetech solution startup Dhruva Space to offer end-to-end earth observation-as-a-service (EOaaS) solutions.

Under this partnership, SatSure’s subsidiary KaleidEO’s analytical solutions will combine with Dhruva’s capabilities in small satellite platforms, critical subsystems and system integration.

This partnership aims at providing solutions for both strategic (defence and government) and commercial sectors, including agriculture, energy and aviation, which require earth observation data.

Founded in 2017 by Prateep Basu, Rashmit Singh Sukhmani and Abhishek Raju, SatSure uses satellite data to offer ‘decision intelligence’ across BFSI, agriculture, and infrastructure sectors. The startup combines satellite imagery with weather, IoT, social and economic datasets, among many others to generate insights. 

“This partnership is poised to boost our sovereign EO capabilities and create a complete package for end customers who need both high-quality data and end-to-end solutions,” Basu said.

Dhruva was founded in 2012 by Sanjay Nekkanti. It offers integrated solutions such as launch services as well as access to owning and operating space-based assets. The startup launched an independently constructed satellite deployment system that is compatible with the PSLV (Polar Satellite Launch Vehicle) launch vehicle in 2023. 

The partnership comes months after both the entities were shortlisted by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to build and manage a space-based earth observation (EO) system.

SatSure has also been picked for IndiaAI Startups Global Initiative, an international acceleration programme in partnership with Station F, Paris and HEC Paris.

India’s Spacetech Odyssey

India’s spacetech sector is poised for transformative growth in 2025, with an ambitious goal of achieving a $44 Bn space economy by 2030

According to Inc42’s Indian Startup Funding Report 2024, total funding raised by Indian spacetech startups fell 35% YoY to $81 Mn in the year under review, even as the number of deals rose from 11 in 2023 to 14 in 2024. 

The sector has also seen a host of fund launches as well as funding rounds in the first six months of 2025.

IN-SPACe recently floated a Technology Adoption Fund (TAF) worth INR 500 Cr, focused on satellite technology, propulsion systems and ground station infrastructure. 

Besides, several spacetech startups have also been gaining traction from a lot of investors.

For instance, Ahmedabad-based spacetech SatLeo Labs recently raised $3.3 Mn in a Pre-Series A funding round led by Merak Ventures to  develop its proprietary thermal imaging payload and boost research and development efforts.

Another spacetech startup Sisir Radar raised $1.5 Mn in its seed funding round led by Shastra VC.