Bellatrix Aerospace, a full suite solution provider for in-space propulsion systems, has raised $3 million in a pre-Series A round led by IDFC-Parampara, StartupXseed, Karsemven Fund and Survam Partners at a post-money valuation of $ 10 million
Bollywood actress Deepika Padukone, Grow X Ventures, CIIE and SINE also participated. Founded by Rohan Ganapathy and Yashas Karanam, Bellatrix will use this fund to qualify its products and expand to key global locations. (Source: PR)