Reliance In Talks To Lead $50 Mn Funding Round In Digantara: Report

Reliance is reportedly in advanced talks to lead a $50 million funding round in the spacetech startup Digantara. The company, which specializes in space situational awareness and surveillance, is raising the funds to build a constellation of 12-13 surveillance satellites. The potential investment from Reliance would mark a significant bet on India's emerging private space sector and highlights the growing importance of space surveillance amid geopolitical tensions.