NewSpace Raises Pre-Series B Round Led by Existing Backer

• Defense startup NewSpace raises Rs 26.6 crore or $3.21 million in a pre-Series B round.
• Round is led by existing backer QRG Investments and Holdings.
• Ahmed Ali Husain Nalwala and DS Group (Dharampal Satyapal Ltd) participate in the round.
• This is the company’s second fundraise of the year 2022.
• The Bengaluru-based company will use the funds for …