VyomIC, a space technology startup founded by alumni of IIT Madras, has raised 1.6 million dollars, approximately 14 crore rupees, in a pre-seed funding round. The round was led by Speciale Invest, with participation from BYT Capital and DeVC.
The company announced that the fresh funding will be used to develop a Low Earth Orbit based Positioning, Navigation and Timing payload, support an upcoming space demonstration mission, and expand its team.
VyomIC has set its sights on building Bharat’s first private global satellite constellation to deliver secure and precise navigation services. “We’re not just building an Indian alternative to GPS, we’re building a next-gen global system, engineered for autonomy, security, and precision,” said Vibhor Jain, co-founder of VyomIC.
The startup was founded by Lokesh Kabdal, Vibhor Jain and Anurag Patil. It is working on technology designed to resist spoofing and jamming. According to the company, its solutions will offer higher precision, faster convergence, stronger signal power, and even indoor navigation, overcoming the limitations of existing systems such as GPS and GLONASS.
“In a world increasingly shaped by autonomy, defence tech, and time-critical infrastructure, resilient navigation becomes non-negotiable. VyomIC’s vision of a sovereign constellation addresses this need head-on,” said Vishesh Rajaram, managing partner at Speciale Invest.
VyomIC’s long-term roadmap includes launching a complete constellation capable of offering secure, real-time navigation and timing services across the globe. The founding team has earlier led Avishkar Hyperloop, India’s student-led hyperloop project, and also managed drone swarm deployments for government applications.
The company said these experiences highlighted the growing need for independent navigation systems as nations face rising security concerns and increasing dependence on foreign-controlled platforms.
This funding marks Speciale Invest’s seventh investment in the space sector, further strengthening its portfolio of deep tech ventures in India.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
