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28 Jul 2026

Antariksh Ventures makes ₹60 crore minority investment in Dhruva Space; TT&A and Xander Law advise

"TT&A advised Antariksh Ventures and Xander Law Associates advised Dhruva Space on Antariksh’s acquisition of a minority stake in Dhruva Space for ₹60 crore. Dhruva is a full‑stack space engineering provider. Antariksh is India’s first dedicated Space‑Tech fund, anchored by IN‑SPACe and managed by SIDBI Venture Capital Limited; the investment is Antariksh’s first in the space sector and aligns with government support for private space firms."

TT&A advised Antariksh Ventures, and Xander Law Associates advised Dhruva Space on the transaction. Antariksh Venture Capital Fund acquired a minority stake in Dhruva Space Private Limited for ₹60 crore. Dhruva Space is a full‑stack space engineering solutions provider operating across satellite, launch and ground segments. Antariksh Ventures is India’s first and largest dedicated Space‑Tech investment fund, anchored by IN‑SPACe, Department of Space, and managed by SIDBI Venture Capital Limited. The investment in Dhruva Space marks Antariksh’s first transaction in the fast‑growing space sector and is aligned with the Government’s broader initiative to support financing of private companies operating in this field. TT&A represented Antariksh Ventures with a team composed by: Deepa Christopher (Partner), Pratika Shankar (Partner), Aanchal Kabra (Associate) and Ruchi Tripathi (Company Secretary). Xander Law Associates represented Dhruva Space.
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