India, Feb. 24 -- One of the two Indian space start-ups that were to send their satellites aboard this week's PSLV-C51 mission has delayed the launch after some "software issues" were identified during the final round of testing.

"Due to certain software issues that surfaced during the final satellite testing, we have decided not to proceed with our launch on the PSLV-C51 mission. Given the time and effort that has gone into making the satellite, it did not make sense to rush a satellite to launch in which we do not have complete confidence at this time," said a statement from Pixxel (incorporated as Sygyzy).

The satellite will be launched at the next available opportunity, the company said.

For Pixxel, this satellite - called Anand --...