# Manastu Space raises ₹22 Cr in ongoing funding round

_Published Friday, October 30, 2026 at 9:08 AM EDT · Capital · Latest · Tier 2 — Notable_

![Manastu Space raises ₹22 Cr in ongoing funding round — Primary](https://inc42.com/cdn-cgi/image/quality=90/https://asset.inc42.com/2026/10/Manastu-Space-social.jpg)

Manastu Space raised ₹22 Cr ($2.3 Mn) from Gandhi Securities and Investments, the Thacker Legacy Trusts and angel investors, Inc42 reported from regulatory filings. The financing appears to extend its Series A round, with proceeds intended for research and development, growth, expansion, marketing and general corporate activities.

The startup develops satellite propulsion, in-orbit refuelling and debris-avoidance technology. A further ₹9.2 Cr investment from Capital A remains unconfirmed, and the round's size can change before closing.

## Sources

- [Inc42](https://inc42.com/buzz/exclusive-manastu-space-raises-%E2%82%B922-cr-in-ongoing-funding-round/)

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Canonical: https://techandbusiness.org/newswire/eD2CCVgbQ5doWfm7Rm1QoU
Published: 2026-10-30T13:08:10.723Z
Story chronology: 2026-10-30T10:13:21.000Z
Retrieved: 2026-10-30T15:13:35.212Z
Publisher: Tech & Business (techandbusiness.org)