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NRT eyes ₹450 cr series B fundraise
Mint Mumbai
|August 16, 2025
The startup is raising a ₹267-cr bridge round, with about ₹140 crore already subscribed by existing investors
Bengaluru-based defence startup NewSpace Research and Technologies Pvt. Ltd (NRT) is in talks to raise a ₹450-crore Series B round, led by Cornerstone Ventures, by the end of this year, said three people close to discussions.
Founded in April 2017 by Sameer Joshi and Julius Amrit, the startup is currently raising a ₹267-crore bridge round, with about ₹140 crore already subscribed by existing investors.
This story is from the August 16, 2025 edition of Mint Mumbai.
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