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Bellatrix Aerospace Raises $20M to Scale Satellite Propulsion

Bellatrix Aerospace has secured $20 million in a pre-Series B funding round, aiming to expand production of its satellite propulsion systems amid rising global demand.

The round was led by Cactus Partners, with participation from several new and existing investors. The Bengaluru-based company plans to use the funds to scale manufacturing capacity and accelerate delivery timelines for both domestic and international clients.

CEO Rohan Ganapathy stated that the investment will enable a significant increase in annual production, particularly as satellite constellations continue to expand worldwide.

Founded in 2015, Bellatrix focuses on advanced propulsion technologies for satellites and has established operations in the United States. The company is positioning itself to benefit from growing demand in the commercial space sector.

The funding comes as India continues to open its space industry to private players beyond Indian Space Research Organisation, alongside government initiatives to support startups through dedicated funding programs.

Google to Label Verified Investment Apps in India

Alphabet Inc.’s Google will introduce verification labels for investment apps on its app store in India, aiming to help users identify legitimate platforms and avoid scams.

The initiative will allow only brokers and intermediaries registered with the Securities and Exchange Board of India to receive a verified badge. This is expected to make it easier for users to distinguish approved financial services from fraudulent apps impersonating them.

The move comes as authorities increase efforts to combat rising online investment scams, particularly those targeting retail users through mobile platforms. By tightening visibility and trust signals within the app ecosystem, regulators hope to reduce financial fraud and improve consumer protection.

The decision highlights growing collaboration between regulators and major technology platforms as digital finance expands and risks associated with unverified services increase.

Quest Global Eyes India IPO

Quest Global is preparing for a potential public listing in India within the next 12 to 18 months as it looks to capitalize on rising demand across energy and defence sectors.

The engineering services firm is positioning itself to benefit from increasing global reliance on hardware-integrated software solutions, particularly in areas such as data centers and autonomous technologies.

Leadership expects strong growth in engineering and research-driven services to outpace traditional IT segments, supported by expanding infrastructure needs and technological convergence.

The company anticipates significant revenue expansion over the coming years, driven by industry demand and evolving digital systems.

The planned listing reflects growing investor interest in India’s engineering innovation ecosystem.