Latest news with #AravindIB
Entrepreneur
7 days ago
- Business
- Entrepreneur
Inbound Aerospace and Bharatsure Raise Early-Stage Funding
The following startups have disclosed their latest funding rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Inbound Aerospace Secures USD 1 Mn Funding Inbound Aerospace, a space-tech startup incubated at IIT Madras, has raised USD 1 million in a pre-seed funding round led by Speciale Invest, with additional support from Piper Serica. The funding will be used to accelerate research and development of the company's autonomous re-entry spacecraft, validate key subsystems, and reach critical design milestones. Co-founder and CEO Aravind I B said the spacecraft is designed to address a growing need in microgravity infrastructure as the International Space Station approaches retirement. "Microgravity environments are difficult to replicate on Earth. Our spacecraft enables repeatable, cost-effective return of payloads from orbit, supporting in-space manufacturing and research," he said. Founded in 2025 by Aravind I B, Vishal Reddy, and retired Indian Navy Captain Abhijit Bhutey, Inbound Aerospace focuses on developing reusable vehicles that support in-orbit experiments and manufacturing. These spacecraft are aimed at facilitating breakthroughs in life sciences and material sciences through extended exposure to microgravity. Initially pre-incubated at IITM Nirmaan, the company now operates from the IIT Madras Incubation Cell. It was the only Indian finalist at Japan's S-Booster 2025 competition. With its first mission scheduled for 2028, Inbound Aerospace is positioning itself as a key enabler of space-based innovation for Earth-bound industries. Bharatsure Raises INR 6 Cr Led by Inflection Point Ventures Bharatsure, an insurtech startup, has raised Rs 6 crore in a funding round led by Inflection Point Ventures, with additional participation from Capital A and Atrium Angels. The funding will be used to strengthen the company's insurance infrastructure and expand its embedded and group insurance offerings across the country. Co-founder and CEO Anuj Parekh said, "These station partners play a frontline role in advancing sustainable mobility, and we are proud to design coverage that genuinely addresses their needs. The funding allows us to further develop our infrastructure too." Founded by Anuj Parekh and Sanil Basutkar, Bharatsure was established to provide insurance infrastructure as a service. The platform enables businesses, small enterprises, and partner ecosystems to integrate group and modular insurance products into their offerings. Bharatsure supports organisations with insurance distribution, employee benefits, and wellness solutions while generating revenue through policy sales, commission on premiums, and insurance-related technology services. The company recently partnered with Battery Smart to offer natural calamity insurance for electric vehicle station partners. This coverage includes protection against events such as fires, floods, earthquakes, and personal accidents. Bharatsure claims to have reached over two lakh lives and processed ten thousand claims through a network of 1,500 stations and 70,000 drivers across fifty cities. The startup aims to scale operations further in the coming years.
&w=3840&q=100)
Business Standard
23-07-2025
- Business
- Business Standard
Inbound Aerospace raises $1 mn pre-seed round led by Speciale Invest
Inbound Aerospace, a space technology startup incubated by Indian Institute of Technology Madras, has raised more than $1 million in a pre-seed funding round led by Speciale Invest and participation from Piper Serica. The company is developing autonomous and reusable re-entry vehicles for in-orbit experiments, microgravity experiments, and commercial space research. It was founded by Aravind I B, Vishal Reddy, and Abhijit Bhutey in 2025. Inbound will use the funding for developing re-entry spacecraft, 'validating key sub-systems, and achieving critical design review milestones', it said. The company's technology is 'uniquely positioned' for microgravity infrastructure as the International Space Station (ISS) nears decommissioning in 2030. (Microgravity is not a complete absence of gravity, but rather a state of continuous freefall, commonly experienced by astronauts and equipment aboard orbiting spacecraft.) 'Microgravity environments are extremely hard to recreate on Earth. Our spacecraft is designed to enable cost-effective, repeatable, and safe return of payloads conducting in-orbit experiments and manufacturing — a capability that's critical to unlocking the next wave of growth in the space economy,' said Aravind, cofounder and chief executive officer of Inbound Aerospace. 'We believe re-entry vehicles will become foundational infrastructure for the microgravity economy. Inbound's deep technology ambition spanning autonomy, material science, and systems engineering is bold and timely. We're backing this team because they are not just thinking of access to space, but access back from space, which is equally critical for a sustainable orbital economy," said Vishesh Rajaram, Managing Partner at Speciale Invest. This marks Speciale Invest's sixth investment in space tech, reinforcing its position as a leading early-stage investor in India's new-space movement. With the Government of India's Bio3E policy (2024) and the growing interest in space-enabled pharma, biotech, and material science research, Inbound's re-entry vehicles could become key enablers of in-orbit experimentation and commercial-scale manufacturing. Inbound was the only Indian finalist at Japan's S-Booster 2025, a prestigious space-business idea competition hosted by the cabinet office of Japan. It aims to launch its first re-entry multi-use variable-gravity platform mission by the first quarter of 2028.
&w=3840&q=100)
Business Standard
23-07-2025
- Business
- Business Standard
Inbound Aerospace raises $1 mn to build reusable re-entry spacecraft
Inbound Aerospace, an IIT Madras-incubated space-tech startup, has raised over $1 million in a pre-seed funding round led by Speciale Invest, with participation from Piper Serica. Founded in 2025 by Aravind I B, Vishal Reddy, and Abhijit Bhutey, the company is developing autonomous and reusable re-entry vehicles designed to support in-orbit experiments, microgravity manufacturing, and commercial space research. The fresh capital will be used to accelerate the R&D of its re-entry spacecraft, validate key sub-systems, and achieve critical design review milestones. Inbound's technology is uniquely positioned to address a growing gap in microgravity infrastructure as the International Space Station (ISS) nears decommissioning in 2030. 'Microgravity environments are extremely hard to recreate on Earth. Our spacecraft is designed to enable cost-effective, repeatable, and safe return of payloads conducting in-orbit experiments and manufacturing — a capability that's critical to unlocking the next wave of growth in the space economy,' said Aravind I B, co-founder and chief executive officer, Inbound Aerospace. 'We believe re-entry vehicles will become foundational infrastructure for the microgravity economy. Inbound's deep-tech ambition spanning autonomy, material science, and systems engineering is bold and timely. We're backing this team because they are not just thinking of access to space, but access back from space, which is equally critical for a sustainable orbital economy,' said Vishesh Rajaram, managing partner, Speciale Invest. This marks Speciale Invest's sixth investment in the space-tech sector, reinforcing its position as a leading early-stage investor in India's new-space movement. With the Government of India's Bio3E policy (2024) and the growing interest in space-enabled pharma, biotech, and material science research, Inbound's re-entry vehicles could become key enablers of in-orbit experimentation and commercial-scale manufacturing. Initially pre-incubated at IITM Nirmaan, Inbound Aerospace is now formally housed at the IIT Madras Incubation Cell. The startup was the only Indian finalist at Japan's S-Booster 2025, a prestigious space-business idea competition hosted by the Cabinet Office of Japan. It aims to launch its first re-entry MVP mission by Q1 2028. Inbound Aerospace is focused on providing a spacecraft platform that utilises the unique microgravity environment of space to manufacture revolutionary products that profoundly impact and improve lives on Earth. 'We take pride in assisting our customers in producing these innovative products in space and bringing them back to Earth, delivering life-transforming benefits. By harnessing the power of space, we aim to bring the advantages of the cosmos right to our planet. Our recoverable spacecraft platform enables customers to conduct in-orbit technology demonstrations and microgravity experiments, accelerating their product development timelines,' said a statement.
Economic Times
23-07-2025
- Business
- Economic Times
Spacetech startup Inbound Aerospace raises $1 million in funding from Speciale Invest
Company Images Inbound Aerospace, a space technology startup incubated at IIT Madras, has raised a $1 million funding round led by venture capital firm Speciale Invest, with Mumbai-based asset management company Piper Serica in 2025 by Aravind IB, Vishal Reddy, and retired navy captain Abhijit Bhutey, Inbound Aerospace is developing autonomous, reusable re-entry vehicles intended to deliver and return experiments between Earth and space. The company says it will use the new capital to develop and test its spacecraft systems, advance research and development, and help achieve major design milestones. Inbound Aerospace's focus is on research and manufacturing enabled by microgravity (weak gravity in an orbiting spacecraft) conditions, as reliance on the International Space Station (ISS) becomes uncertain ahead of its planned retirement in enables production techniques and scientific experiments that are impossible on Earth. The ISS has been a hub of scientific research and human habitation since 2000, and astronauts have been conducting experiments on the station for nearly 25 years, as of this identified several issues with the traditional method of conducting experiments on the ISS. "There are long wait periods of two to four years due to limited experiment slots and crew safety considerations. There are challenges of capsule recovery, which involves significant deceleration loads and extensive search and rescue efforts," he said, adding that the impending decommissioning of the ISS will limit platforms for in-space manufacturing and spacecraft will be used for in-orbit testing, technology demonstration for qualifying satellites, and microgravity research on subjects such as seed growth. The spacecraft will be deployed in Low Earth Orbit and can conduct a flight for about three founders also highlighted in-space manufacturing as a lucrative application. This process leverages the unique conditions of space, particularly microgravity, to develop or cultivate high-value products for use in sectors such as healthcare and materials science. The startup's primary clients are payload implementation partners who design and build experiment hardware for companies and universities, Bhutey Aerospace will transport a specialised experiment box that will conduct and maintain the experiment in desired conditions, and return to Earth. The startup was initially supported by IIT Madras' startup studio, Nirmaan, and now operates from the IITM Incubation Cell. It recently represented India as the only national finalist in Japan's S-Booster 2025, an international space business competition. Inbound plans to launch its first mission, i.e. a minimum viable product of its re-entry vehicle, by early 2028. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Can medicines inject the vitamins Amazon is missing? We prefer to have idle pilots than grounded planes: Akasa CFO on losses, funding hiccups, Boeing How private ARCs are losing out to a govt-backed firm dealing in bad loans From near bankruptcy to blockbuster drug: How Khorakiwala turned around Wockhardt Stock Radar: Breakout from Symmetrical Triangle pattern could help Pennar Industries to hit fresh record highs; time to buy? F&O Radar| Deploy Broken Wing in BSE shares to gain from bullish setup These large-caps have 'strong buy' & 'buy' recos and an upside potential of more than 20% Buy, Sell or Hold: Antique maintains buy rating on UltraTech; Bajaj Finance remains top pick of Jefferies from BFSI space
