Bengaluru-based spacetech startup Xovian Aerospace has secured $2 million (approximately ₹18.7 crore) in a fresh funding round led by investor Ashish Kacholia, with participation from existing backer Inflection Point Ventures.
The company plans to utilise the newly raised capital to accelerate the development of its first AI-native radio frequency (RF) satellite, expand its engineering and artificial intelligence teams, and build strategic commercial partnerships.
Founded in 2019 by Ankit Bhateja and Raghav Sharma, Xovian is working on building a comprehensive RF intelligence infrastructure. Its core offering includes proprietary RF satellites combined with AI-driven systems that convert radio frequency data into real-time actionable insights.
The startup aims to address a key limitation in traditional satellite imaging, which often struggles to track ships and aircraft when they switch off their transponders or “go dark.” By leveraging RF signals, Xovian’s technology is designed to detect and monitor such assets even in these scenarios.
Its upcoming satellite is expected to capture and decode dynamic RF signals, enabling real-time situational awareness, asset tracking, and predictive intelligence. The platform integrates geospatial intelligence (GEOINT) and signals intelligence (SIGINT) to provide a unified decision-making layer for users.
Xovian’s solutions are targeted at industries such as maritime, aviation, logistics, and defence, where real-time monitoring and operational visibility are critical. The company also claims to have developed its radio-based hardware indigenously, which will now be deployed in space.
Prior to this round, the startup had raised $2.5 million in funding in 2025 from investors including Piper Serica, Turbostart, Inflection Point Ventures, and Eaglewings Ventures.
Operating in India’s rapidly growing spacetech ecosystem, Xovian competes with players such as Pixxel, SatSure, and Dhruva Space, as investor interest in deeptech and space-based solutions continues to rise. The domestic spacetech market is projected to reach $77 billion by 2030, driven by increasing demand for advanced data and intelligence capabilities.
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