SatSure, a global leader in satellite Earth observation data and analytics, has raised $15 million in Series A funding led by Baring Private Equity Partners, India and Promus Ventures. The round also saw participation from existing investors Force Ventures, Luckbox Ventures, and IndigoEdge Advisors.

The fresh capital will be used to expand SatSure’s team, enhance its technology platform, and to expand its operations to new markets.

SatSure was founded in 2017 by Akhil Aryan, Akash Rajvanshi, and Ashish Sharma. The company provides a single platform for businesses to source, manage, and analyze satellite data. SatSure’s customers include over 200 organizations in the agriculture, energy, infrastructure, and environmental sectors.

The company’s decision to raise capital at this time is a sign of the growing demand for satellite data and analytics. The global satellite data market is expected to grow to $50 billion by 2025.

The investment in SatSure is a vote of confidence in the company’s business model and growth potential. Baring Private Equity Partners, India and Promus Ventures are both leading venture capital firms with a proven track record of investing in and supporting successful startups.

The investment is also a sign of the growing interest of investors in the Indian startup ecosystem. The Indian startup ecosystem is one of the fastest-growing in the world, and it is expected to continue to grow in the coming years.

The SatSure team is excited to use the new capital to expand its business and to make a positive impact on the world. The company is committed to using satellite data to help businesses make better decisions and to solve some of the world’s most pressing challenges.

Here are some of the key takeaways from the news:

  • SatSure has raised $15 million in Series A funding led by Baring Private Equity Partners, India and Promus Ventures.
  • The round also saw participation from existing investors Force Ventures, Luckbox Ventures, and IndigoEdge Advisors.
  • The fresh capital will be used to expand SatSure’s team, enhance its technology platform, and to expand its operations to new markets.
  • SatSure was founded in 2017 by Akhil Aryan, Akash Rajvanshi, and Ashish Sharma.
  • The company provides a single platform for businesses to source, manage, and analyze satellite data.
  • SatSure’s customers include over 200 organizations in the agriculture, energy, infrastructure, and environmental sectors.
  • The investment in SatSure is a vote of confidence in the company’s business model and growth potential.
  • Baring Private Equity Partners, India and Promus Ventures are both leading venture capital firms with a proven track record of investing in and supporting successful startups.
  • The investment is also a sign of the growing interest of investors in the Indian startup ecosystem.
  • The SatSure team is excited to use the new capital to expand its business and to make a positive impact on the world.

Here are some of the implications of the news:

  • The investment in SatSure is a sign of the growing demand for satellite data and analytics.
  • The global satellite data market is expected to grow to $50 billion by 2025.
  • The investment is also a sign of the growing interest of investors in the Indian startup ecosystem.
  • The Indian startup ecosystem is one of the fastest-growing in the world, and it is expected to continue to grow in the coming years.
  • The SatSure team is committed to using satellite data to help businesses make better decisions and to solve some of the world’s most pressing challenges.