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Ajay Kumar’s MountTech Growth Fund To Join Cap Table Of Spacetech Startup GalaxEye

  • Former defence secretary Ajay Kumar's MountTech Growth Fund will join the funding round of spacetech startup GalaxEye.
  • The round includes investors such as Infosys, Celesta Capital, Speciale Invest, Mela Ventures, and Rainmatter.
  • The funding will accelerate the development of GalaxEye's upcoming satellite, the 'Drishti Mission.'
  • The Indian Spacetech sector is experiencing rapid growth, with a projected market opportunity of over $77 Bn by 2030.

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