Indian spacetech company InspeCity has raised $5.6 million in seed capital, a key milestone in its path to disrupt in-orbit satellite servicing and space infrastructure. The round was led by noted investor Ashish Kacholia, with support from a high-caliber set of supporters including Speciale Invest, Shastra VC, Antler India, DeVC, MGF Kavachh, and Anicut Capital.

This investment will power InspeCity's continued research and development of satellite life-extension technology, an essential field in current space activities as the space industry shifts toward sustainable and extended utilization of satellites in orbit.

Established with the mission of creating infrastructure for the next generation of space exploration, InspeCity is working on advanced systems in propulsion, robotics, and RPOD (Rendezvous, Proximity Operations, and Docking)—technologies critical to making it possible for spacecraft to dock, service, and refuel satellites in orbit. Importantly, all these technologies are developed and engineered in-house, a testament to the company's strong technical capabilities and indigenous innovation focus.

Besides the seed funding, InspeCity has also received a Rs 25 crore (around $3 million) grant from the Innovations for Defence Excellence (iDEX) program, which is a flagship program under India's Ministry of Defence. The grant not only offers important early-stage capital but also acknowledges the strategic value of InspeCity's technology in national defense and space missions.

With such institutional and financial support, InspeCity is placed to become a central player in India's fast-expanding spacetech sector, opening the door to more sustainable, autonomous, and intelligent space infrastructure.