Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
XDLINX Space Labs raises USD 7 million in seed funding led by Ashish Kacholia
The Business Guardian
|October 10, 2024
XDLINX Space Labs, a prominent player in India's space technology industry, has announced the successful completion of a USD 7 million seed funding round. The round was led by Ashish Kacholia of Lucky Investments with additional backing from E2MC, Mana Ventures, and a prominent family office.
-
This funding will accelerate XDLINX's mission to revolutionize satellite technology and push the boundaries of space exploration through innovation and cost-effective solutions.
Founded in 2022 in Hyderabad, XDLINX Space Labs began with a bold vision to redefine space missions and make innovative satellite technology accessible to a broader range of clients.
The company's first major milestone came with the successful launch of JANUS-1, a software-defined 6U Nanosat to demonstrate multi-tenancy payload capabilities, developed in a record time of just 10 months and launched aboard ISRO's SSLV-D2 rocket on February 10, 2023 which brought down the cost and time to space significantly, compared to other traditional satellite.
Dit verhaal komt uit de October 10, 2024-editie van The Business Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Business Guardian
The Business Guardian
Govt okays Rs 305-crore Tex-RAMPS scheme to boost R&D in textiles sector
The Government of India has approved a new central sector scheme, \"Textiles Focused Research, Assessment, Monitoring, Planning and Startup' (Tex-RAMPS), aimed at boosting research, innovation and competitiveness in the country's textiles sector.
1 min
November 28, 2025
The Business Guardian
India's economy on strong footing as GST cuts boost demand, Inflation hits record low
India's macroeconomic outlook remains firmly positive, with easing inflation, strengthening domestic demand and improving policy transmission placing the economy on a stable growth path, noted the Monthly Economic Review for October released on Thursday, by the Department of Economic Affairs, Ministry of Finance.
2 mins
November 28, 2025
The Business Guardian
HOW DEEPFAKES ARE CREATING NEW RISKS FOR WOMEN IN INDIA
With the rise in the usage of digital media by Indians, a new challenge has arisen in the form of synthetic and manipulated media, particularly deepfakes.
4 mins
November 28, 2025
The Business Guardian
RURAL DEMAND LIFTS MICROFINANCE SECTOR AS LENDERS SEE SIGNS OF STABILITY
New Delhi: India's microfinance industry is witnessing a renewed upswing, supported by rising rural demand, improved repayment behaviour and early signs of asset quality stabilisation, according to experts and lenders.
1 mins
November 28, 2025
The Business Guardian
Tesla opens first all-in-one Centre in Gurugram
Tesla India announces the opening of its first Tesla Centre in Gurugram on Thursday, marking a major step in its plan to expand electric mobility in the country.
1 mins
November 28, 2025
The Business Guardian
NEW TELECOM CYBERSECURITY RULES IN FORCE: DOT
The ministry clarified through a press release that a subsequent inadvertent re-publication of the rules does not affect the validity of the original amendments.
2 mins
November 28, 2025
The Business Guardian
NetBanking 2.0 aims to make online payments easier, safer: NPCI Bharat BillPay MD & CEO
Net banking in India is set to change in a big way with the introduction of a new system designed to make online payments simpler and safer for users.
1 mins
November 28, 2025
The Business Guardian
CBDT launches second NUDGE initiative to boost voluntary compliance on foreign assets
The Central Board of Direct Taxes (CBDT) on Thursday announced the launch of the second phase of its NUDGE initiative aimed at strengthening voluntary compliance in reporting foreign assets and income.
1 mins
November 28, 2025
The Business Guardian
An enchanting evening with veterans and gems of Hindi Poetry
The 53rd Shri Ram Kavi Sammelan returns with a distinguished lineup of veteran poets and celebrated gems of Hindi literature.
1 min
November 28, 2025
The Business Guardian
Govt approves Rs 305-crore Tex-RAMPS scheme to
The Government of India has approved a new central sector scheme, ‘Textiles Focused Research, Assessment, Monitoring, Planning and Startup’ (Tex-RAMPS), aimed at boosting research, innovation and competitiveness in the country’s textiles sector.
1 min
November 28, 2025
Listen
Translate
Change font size