Manastu Space
Navi Mumbai-based space-tech startup founded in 2017 by IIT Bombay alumni Tushar Jadhav and Ashtesh Kumar. Develops green (non-toxic) satellite propulsion systems — I-Booster, Sharanga, Vyom 2U and GP-LAM thrusters — built on its proprietary MS289 fuel, plus debris-collision-avoidance and in-orbit servicing (refuelling, deorbiting, mission-life-extension) technology. Its Vyom 2U system was flight-tested on ISRO's PSLV-C60/POEM-4 mission in December 2024, and…
Manastu Space: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 12 Aug 2025 | Series A | $3 Mn | Capital-A Bhagnani Family Office Capital 2B E2MC Indian Angel Network Jeet Chandan | source |
| 5 Sep 2023 | Pre-Series A | $3 Mn | BIG Capital Capital 2B E2MC Indian Angel Network Jaideep Mehta KRS Jamwal Nitin Zamre Sanjiv Bajaj | source |
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Who founded Manastu Space?
Manastu Space was founded by Tushar Jadhav, Ashtesh Kumar in 2017.
How much funding has Manastu Space raised?
Manastu Space has raised $6 Mn across 2 tracked funding round(s), most recently on 2025-08-12. Figures are compiled from cited public sources.
Who are the investors in Manastu Space?
Investors in Manastu Space include Capital-A, Bhagnani Family Office, Capital 2B, E2MC, Indian Angel Network, Jeet Chandan, BIG Capital, Jaideep Mehta.
What does Manastu Space do?
Navi Mumbai-based space-tech startup founded in 2017 by IIT Bombay alumni Tushar Jadhav and Ashtesh Kumar. Develops green (non-toxic) satellite propulsion systems — I-Booster, Sharanga, Vyom 2U and GP-LAM thrusters — built on its proprietary MS289 fuel, plus debris-collision-avoidance and in-orbit servicing (refuelling, deorbiting, mission-life-extension)…
Where is Manastu Space headquartered?
Manastu Space is headquartered in Navi Mumbai, Maharashtra, India.
What is Manastu Space's business model?
Manastu Space's core value proposition centers on Green, non-toxic propellant (MS289), Performance edge over incumbent propulsion, Debris-collision avoidance.
How does Manastu Space make money?
Manastu Space's cited revenue streams include Propulsion system / hardware sales, In-orbit services.