Aeronautical companies Inbound Aerospace and Bharatsure have announced their recent successfully raised early-stage funding rounds.
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Inbound Aerospace, an Indian space technology startup incubated at IIT Madras, has secured $1 million in pre-seed funding. The funding round was led by venture capital firm Speciale Invest, with participation from CIIE.CO (the startup incubator backed by IIM Ahmedabad) and Piper Serica, a Mumbai-based asset management company.
The funds will be used to build critical systems for the prototype and validate them through ground-based and sub-orbital tests planned over the next 18–24 months. Inbound Aerospace aims to position itself as a leader in the emerging Indian private space sector, especially in autonomous re-entry and spacecraft reusability.
Founded in 2025, Inbound Aerospace leverages expertise in orbital mechanics, thermal protection systems, and autonomous navigation to manage safe spacecraft return from orbit. The startup is also forging partnerships with global suppliers and research institutes for advanced materials and AI-based autonomous re-entry guidance systems.
Inbound Aerospace's spacecraft enables repeatable, cost-effective return of payloads from orbit, supporting in-space manufacturing and research. These spacecraft are aimed at facilitating breakthroughs in life sciences and material sciences through extended exposure to microgravity.
Meanwhile, Bharatsure, an insurtech startup, recently partnered with Battery Smart to offer natural calamity insurance for electric vehicle station partners. Bharatsure provides insurance infrastructure as a service, enabling businesses to integrate group and modular insurance products into their offerings. The startup operates from the IIT Madras Incubation Cell and was initially pre-incubated at IITM Nirmaan.
Bharatsure claims to have reached over two lakh lives and processed ten thousand claims through a network of 1,500 stations and 70,000 drivers across fifty cities. The funds raised will be used to strengthen Bharatsure's insurance infrastructure and expand its embedded and group insurance offerings across the country.
Bharatsure was the only Indian finalist at Japan's S-Booster 2025 competition, demonstrating its potential in the insurance industry. The startup was founded by Anuj Parekh and Sanil Basutkar, while Inbound Aerospace was founded by Aravind I B, Vishal Reddy, and retired Indian Navy Captain Abhijit Bhutey.
This positions Inbound Aerospace as a notable contributor to making space missions more sustainable via autonomous spacecraft recovery and reuse, while Bharatsure continues to expand its reach in the insurance sector.
- Inbound Aerospace, an Indian startup, has secured $1 million in pre-seed funding for building critical systems for their prototype and positioning themselves as a leader in the Indian private space sector.
- Bharatsure, an insurtech startup from IIT Madras, recently partnered with Battery Smart to offer natural calamity insurance for electric vehicle station partners, expanding their embedded and group insurance offerings across the country.
- Inbound Aerospace's spacecraft enables repeatable, cost-effective return of payloads from orbit, supporting in-space manufacturing and research, while Bharatsure provides insurance infrastructure as a service to businesses.
- The funds raised by Bharatsure will be used to strengthen their insurance infrastructure and expand their offerings, while the funds secured by Inbound Aerospace will be used for the development of critical systems for their prototype.
