Satellite-based solutions Developer Sisir Radar nets $1.5 Million Seed Fund
Spacetech startup Sisir Radar has raised $1.5 Million in its seed funding round led by Shastra VC. The round also saw participation from Riverwalk Holdings and INVSTT.
The firm from Kolkata, which says it has constructed the first drone-borne synthetic aperture radar (SAR) system in India, will use the new funding to improve its manufacturing and research and development (R&D) capacities. By the end of 2026, it hopes to deploy the highest resolution L-band SAR satellite in the world.
Innovative SAR systems for airborne and spaceborne platforms operating in P/L/S/C/X satellite frequency bands have been developed by Sisir Radar, which was founded in 2022 by Tapan Misra, a former director of the Space Applications Centre (SAC) at the Indian Space Research Organization (ISRO), Soumya Misra, and Urmi Bhambhani.
SARs provide precise information on the physical characteristics of things on the ground by producing high-resolution 2D photographs or 3D reconstructions of landscapes. SAR systems can provide high-resolution, detailed all-weather imagery even in cloudy or rainy circumstances.
Furthermore, Sisir Radar has created ground penetrating radar (GPR) system that may be utilized for bomb detection and infrastructure monitoring. It employs radar pulses to produce high-resolution 2D and 3D photographs of subsurface structures. Additionally, the firm provides hyperspectral imaging solutions via drone.
In order to develop specialized SAR satellites for the Indian Air Force (IAF), it also asserts that it has won two IDEX challenges.
Growing investor interest in the Indian spacetech industry coincides with the fundraising effort. From 2014 to 2023, domestic spacetech businesses raised more than $285 million, according to Inc42 statistics. But last year, funding fell 35% year over year (YoY) to $81 million.
The Indian National Space Promotion and Authorization Centre (IN-SPACe) recently established a Rs. 500 crore technology adoption fund to assist spacetech entrepreneurs in developing commercially viable products, as part of the government's concerted efforts to actively support the emerging industry. The fund has a maximum funding cap of Rs. 25 crore per project and would pay up to 60% of project expenditures for startups and MSMEs.
Soumya Misra, Co-Founder and CEO, Sisir Radar said, “We are building world-class earth observation solutions to make India self-reliant and establish it as a global provider of high-resolution satellite imagery”.
The firm from Kolkata, which says it has constructed the first drone-borne synthetic aperture radar (SAR) system in India, will use the new funding to improve its manufacturing and research and development (R&D) capacities. By the end of 2026, it hopes to deploy the highest resolution L-band SAR satellite in the world.
Innovative SAR systems for airborne and spaceborne platforms operating in P/L/S/C/X satellite frequency bands have been developed by Sisir Radar, which was founded in 2022 by Tapan Misra, a former director of the Space Applications Centre (SAC) at the Indian Space Research Organization (ISRO), Soumya Misra, and Urmi Bhambhani.
SARs provide precise information on the physical characteristics of things on the ground by producing high-resolution 2D photographs or 3D reconstructions of landscapes. SAR systems can provide high-resolution, detailed all-weather imagery even in cloudy or rainy circumstances.
Furthermore, Sisir Radar has created ground penetrating radar (GPR) system that may be utilized for bomb detection and infrastructure monitoring. It employs radar pulses to produce high-resolution 2D and 3D photographs of subsurface structures. Additionally, the firm provides hyperspectral imaging solutions via drone.
In order to develop specialized SAR satellites for the Indian Air Force (IAF), it also asserts that it has won two IDEX challenges.
Growing investor interest in the Indian spacetech industry coincides with the fundraising effort. From 2014 to 2023, domestic spacetech businesses raised more than $285 million, according to Inc42 statistics. But last year, funding fell 35% year over year (YoY) to $81 million.
The Indian National Space Promotion and Authorization Centre (IN-SPACe) recently established a Rs. 500 crore technology adoption fund to assist spacetech entrepreneurs in developing commercially viable products, as part of the government's concerted efforts to actively support the emerging industry. The fund has a maximum funding cap of Rs. 25 crore per project and would pay up to 60% of project expenditures for startups and MSMEs.
Soumya Misra, Co-Founder and CEO, Sisir Radar said, “We are building world-class earth observation solutions to make India self-reliant and establish it as a global provider of high-resolution satellite imagery”.
