Скачать или смотреть Indian Startup Builds World's Largest 3D-printed Rocket Engine - Indian Startup News 274

https://lu.ma/ybw614eg

Click on the link above to apply for the offline event for healthtech founders in Bangalore.

Welcome to the Backstage with Millionaires weekly Indian startup news show. This week, Agnikul builds world’s largest single-piece 3d printed rocket engine, Pixxel-led consortium to build India’s first commercial satellite network, Theobroma acquired by ChrysCapital, Backbay launch, Dhruva Space building one of India’s largest satellite mass-production facilities, Fractal Analytics has filed their DRHP, Paytm has finally received RBI’s in-principle approval to operate as a payment aggregator and Indian startups raise $222 million.

0:00 Agnikul's world record
1:33 Offline Event for healthtech founders
2:34 India’s first commercial satellite network
4:03 Theobroma acquired by ChrysCapital
5:30 Backbay launch
6:20 Quick News Updates
6:55 Indian Startup Funding News

Agnikul's world record

Agnikul Cosmos, an Indian startup, has unveiled the world's largest single-piece 3D-printed rocket engine. The one-meter-long engine, which has no bolts, welds, or joints, was printed entirely in one go from Inconel, a high-performance superalloy. This new engine is a significant leap from the company's previous record-breaking design, as it's larger and more complex. Agnikul has automated the entire manufacturing process and holds a US patent for both the engine's design and its unique production method, marking a major milestone for the company and for Indian-origin technology in the global aerospace industry

India’s first commercial satellite network

In a landmark public-private partnership, IN-SPACe has selected a consortium of four Indian spacetech startups, led by Pixxel, to create the country’s first fully indigenous commercial Earth Observation satellite constellation. The other startups are PierSight Space, SatSure Analytics, and Dhruva Space.

Investing over ₹1,200 crore, the consortium will design, build, and operate a twelve-satellite constellation over the next five years. This advanced system, featuring a mix of optical and radar sensors, will provide real-time, actionable data for sectors like agriculture, climate monitoring, and national security. This initiative aims to reduce India's reliance on foreign satellite data and boost data sovereignty.

Theobroma acquired by ChrysCapital

Private equity firm ChrysCapital has acquired an 85% stake in the popular bakery chain Theobroma, in what is considered one of India's largest food service deals. While the official valuation isn't disclosed, reports suggest the deal is worth around ₹2,400 crore.

Backbay launch

Sisters Bhumi and Samiksha Pednekar have launched a new premium bottled water brand, Backbay, with a focus on sustainability. Their first product is Himalayan spring water sold in plant-based cartons. They've built their own manufacturing facility in Himachal Pradesh and plan to expand their beverage offerings.

Quick News Updates

1. Dhruva Space is building one of India’s largest satellite mass-production facilities in Telangana. This 280,000 square foot plant will be capable of producing satellites of up to 500 kilograms, aimed at speeding up manufacturing for both domestic and international space projects.
2. Fractal Analytics has filed their DRHP (draft red herring prospectus) and they are planning to raise 4,900 crore rupees in their IPO.
3. Paytm has finally received RBI’s in-principle approval to operate as a payment aggregator - letting them onboard online merchants and handle their payments - a licence they’ve been trying to get since 2020.

Indian Startup Funding News

Indian startups raised $222 million this week. Mumbai-based Truemeds, an online pharmacy has raised 85 million dollars in their series C round. Bengaluru-based EV startup called Ultraviolette Automotive has raised $21 Million. Bengaluru-based Eyestem Research has raised 10 million dollars in their series B round. Gurugram-based Fairdeal.Market has raised 3 million dollars in their pre-series A round. Bengaluru-based Neuralzome Cybernetics has raised 2.4 million dollars in their pre-seed round.

Disclaimer: This channel is a part of Zerodha's Zero1 Network. Zero1 by Zerodha financially supports creators and storytellers through its network. The views and opinions in this video are solely those of the creator and are not endorsed by Zero1.