Bellatrix and Kawa are two of over a dozen Indian startups developing satellites, rockets and related support systems which can power space missions serving a range of industries. Venture capital firms , including Sun Parampara , are among the investors ploughing unprecedented quantities of funding into the Indian space industry . Beneficiaries of the funding include firms such as ST Space and Bellatrix Aerospace , which number among around 24 such Indian start - ups developing satellites , spacecraft and related support systems . The uptick comes in response to the growing interest in opportunities offered by low - earth orbit , as well as space tourism .
Venture capital firms , including Sun Parampara , are among the investors ploughing unprecedented quantities of funding into the Indian space industry . Beneficiaries of the funding include firms such as ST Space and Bellatrix Aerospace , which number among around 24 such Indian start - ups developing satellites , spacecraft and related support systems . The uptick comes in response to the growing interest in opportunities offered by low - earth orbit , as well as space tourism .