India, Feb. 28 -- Spacetech startup Sisir Radar has raised $1.5 Mn (INR 12.45 Cr) in its seed funding round led by Shastra VC. The round also saw participation from Riverwalk Holdings and INVSTT.

The Kolkata-based startup, which claims to have built India's first drone-borne synthetic aperture radar (SAR) system, will utilise the fresh funds to strengthen its research and development (R&D) and manufacturing capabilities. It aims to launch the world's highest resolution L-band SAR satellite by the end of 2026.

Founded in 2022 by Tapan Misra, former director of Space Applications Centre (SAC) at the Indian Space Research Organisation (ISRO), Soumya Misra and Urmi Bhambhani, Sisir Radar has developed cutting-edge SAR systems for air-borne ...