InspeCity Raises ₹100 Crore to Take In-Space Servicing Systems to Orbit

Thane-based InspeCity has raised ₹100 crore in a pre-Series A funding round to advance its in-space servicing technology. Speciale Invest and investor Ashish Kacholia led the round, with participation from Antler Elevate, Antler India, Manish Gandhi and Shastra VC.

The funding will support four in-orbit missions over the next 12-18 months. InspeCity will use the capital to qualify its propulsion, sensing, robotics, docking and refuelling systems. It will also scale commercial deployment and expand its engineering and manufacturing capacity.

This comes just after Bengaluru’s OrbitAID announced a satellite life extension demonstration mission in the first quarter of 2027. The mission will test inspection, rendezvous, docking, refuelling and life extension.

InspeCity said its funding marks a shift from technology development towards flight qualification and commercial delivery. InspeCity was founded in 2022 by IIT Bombay alumni. Its stated goal is to develop infrastructure for managing and servicing space assets. 

Professor Arindrajit Chowdhury, Founder and CEO of InspeCity, said, “The next phase is about execution: fly, qualify, and deliver.”

The missions will follow InspeCity’s RIG-X, VEDA-X and SAMA-X roadmap. The company plans to progressively validate its systems through these missions. It will also scale its GITA propulsion systems and RIG-based capabilities for satellite customers.

InspeCity developed VEDA as an autonomous architecture for in-space servicing and satellite life extension. Its technology stack includes GITA for propulsion and mobility, and CHAKSU for sensing and navigation. RAMA provides robotic manipulation, while SPARSH supports docking and in-orbit propellant transfer.

Vishesh Rajaram, Managing Partner at Speciale Invest, said InspeCity had developed its propulsion, robotics and RPOD systems in-house. He said the firm backed the round based on the team’s progress and execution.

The company’s technology has also received support from India’s defence and space innovation ecosystem. This includes the iDEX programme, which provided early institutional validation for its capabilities.

Kacholia cited InspeCity’s work through iDEX challenges and government grants as validation of its capabilities.