SatLeo Labs, an IN-SPACe incubated spacetech startup, has raised $2.2 million from Unicorn Ventures to build a multi-spectral satellite constellation. Co-founded by Shravan Singh Bhati, Ranendu Ghosh, and Urmil Bakhai, the system aims to deliver high-resolution, continuous earth observation data for climate monitoring, defence, agriculture, and disaster response.
Karnataka Chief Minister Siddaramaiah says the state’s upcoming spacetech policy is designed to capture half of India’s spacetech market by 2034. The plan focuses on creating 25,000 startups in five years via funding support, market access, infrastructure buildout, talent development, and social inclusion measures to broaden participation.
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