Reliance in advanced talks to lead $50 million raise in spacetech startup Digantara
Reliance Industries Ltd (RIL), India’s largest conglomerate, is reportedly in advanced-stage negotiations to lead a $50 million funding round in Digantara, a Bengaluru-based spacetech startup known for its innovative space situational awareness (SSA) technology. The proposed investment underscores Reliance’s expanding ambitions beyond traditional energy and telecom into the fast-growing new space economy, positioning itself as…