Manastu Space

📍 Mumbai, India🗓 Founded 2017👥 110 employees💰 Last funded Feb 2025
Defense and Space Manufacturing🌐 manastuspace.com
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We are an Indian space-tech company specialising in green propulsion systems. Founded by IIT Bombay alumni, the company provides full-stack manoeuvrability solutions for modern satellite missions and kick-stages of launch vehicles. The rapid increase in satellite launches is significantly raising the risk of in-orbit collisions, making reliable propulsion essential for maneuvering and end-of-life de-orbiting. However, existing systems rely on toxic fuels like hydrazine, which are expensive to handle, require complex ground infrastructure and create operational challenges. Manastu addresses this with a hydrogen-peroxide based green propulsion system that is safer, cost-efficient and designed for rapid integration, enabling agile maneuvering, collision avoidance and sustainable satellite operations at scale. Manastu Space combines flight heritage, early international contracts, and a globally relevant, scalable propulsion solution, positioning it strongly for export readiness and rapid expansion across key space markets. From space-qualified hardware on ISRO missions to strategic defense collaborations, Manastu Space is committed to safe satellite missions while reducing the environmental footprint of space exploration. With a team of 100+ experts and a legacy of innovation in high temperature catalyst, green propellant and advanced combustion chamber, spanning 9 years, we are propelling the next generation of sustainable space missions.
12
Total investors
0
Early stage
4
Mid stage
8
Late stage
2017
Founded

Investors

12 investors
All
Early stage
Mid stage
Late stage
Seed investors· 4
🚀 Puneet Motihar
🚀 Puneet Motihar
Seed Investor : Dhruva Space | Dharaksha | Manastu Space | Pre-IPO : Xelpmoc
Seed Investor
late stage
5 investments
Jan 2023
Pritam Deuskar
Pritam Deuskar
CIO Wealthyvia.com | AIF CAT3 Passionately investing in the Giants of tomorrow. Made 10X and more in Antidrones, AI platforms, Green ships,digital grids, green energy, Lithium recycling, luxury etc with Family Offices
Seed Investor
late stage
3 investments
Jan 2023
Krushali Jagiwala
Krushali Jagiwala
Founder and CEO, at Wealthyvia Ventures LLP| Fund raising and Channelizing FDI FPI Family Office and UHNI investments from India, UAE, UK,EU, Singapore| Startup investor
Seed Investor
late stage
3 investments
Jan 2023
Sanil Jagiwala
Sanil Jagiwala
Co-founder at Wealthyvia Ventures LLP | Growth Capital & AIF | Startup Investor | Healthcare Specialist | Global Capital Connect
Seed Investor
late stage
2 investments
Jan 2023
Angel investors· 2
Deepak Bhagnani Family Office
Deepak Bhagnani Family Office
Angel Investor | Backing Brave Consumer Brands | Startup Mentor
Angel Investor
late stage
15 investments
Jan 2025
Shriyam Bhagnani
Shriyam Bhagnani
Strategic Investor | Film Actor | Backing Disruptive Brands
Angel Investor
late stage
6 investments
Jan 2025
Mid stage· 4
Shubham R.
Shubham R.
Building in Security | Hacker | Early-Stage Investor | ETH Zürich
mid stage
9 investments
Jun 2022
Ankit Anand
Ankit Anand
Founding Partner at Riceberg Ventures
mid stage
10 investments
Jun 2022
Lino Gandola
Lino Gandola
Founding Partner at Riceberg Ventures
mid stage
5 investments
Jun 2022
MH
messaoudi hicham
--
mid stage
5 investments
Jun 2022
Late stage· 2
Meet Jain
Meet Jain
Co-founder, BizDateUp | Investing in early-stage startups | Building India’s most founder-first investment ecosystem
Angle Investor
late stage
10 investments
Feb 2025
Jeet Chandan
Jeet Chandan
Founder & Investor
late stage
27 investments
Jan 2025
Investor geography5 countries
India
8
Canada
1
Switzerland
1
Germany
1
United States
1
Investor activity2022–2025 · investors recorded per year
202242023420254
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Manastu Space?
Manastu Space has 12 investors on record on gritt.io, 4 mid-stage and 8 late-stage investors.
When did Manastu Space last raise funding?
The most recent investment in Manastu Space recorded on gritt.io was in February 2025.
When was Manastu Space founded?
Manastu Space was founded in 2017.
What industry is Manastu Space in?
Manastu Space operates in Defense and Space Manufacturing. Find similar Defense and Space Manufacturing investors on gritt.io.
Where is Manastu Space based?
Manastu Space is headquartered in Mumbai, India.