Bengaluru-based spacetech startup SatSure, involved in building decision insights using data from satellites for the banking and insurance sectors, has raised an undisclosed amount of equity funding in a round led by Baring Private Equity India.
According to the official statement, the funding will be used for expanding its team to 100 people by March 2022, grow its product portfolio, and increase its international business footprint. It is also looking to capitalise its high-resolution optical and multispectral payload demonstration mission in orbit that was announced earlier this year.
