{
  "id": 6212861,
  "title": "Pixxel bags $100M in India’s biggest spacetech fundraise; Food delivery app Swish to raise Rs 225 Cr",
  "url": "https://urgent.news/2026/09/08/pixxel-bags-100m-in-indias-biggest-spacetech-fundraise-food-delivery",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-08T02:00:00.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/09/pixxel-indias-biggest-spacetech-fundraise-swish-to-raise-rs-225-cr"
  },
  "original_language": "en",
  "account": "Bengaluru-based Earth observation startup Pixxel has successfully raised $100 million in its Series C funding round, led by Singapore-based Temasek and spacetech investor Seraphim. This is the largest funding round for an Indian spacetech company. New investors 360 ONE Asset and IMM Investment joined Radical Ventures and growX Ventures, which were the existing backers. Pixxel's total funding now stands at $195 million. The funds will be used to expand Pixxel's satellite sensing capabilities, develop its Earth intelligence software, and increase satellite production. Founder and CEO Awais Ahmed said the funding will drive the company's vision to create planetary infrastructure. Meanwhile, food delivery app Swish is in the process of raising Rs 225 crore (approximately $24 million) in an extended Series B round led by Bertelsmann India. Joining the existing investors Bain Capital Ventures, Accel, and Hara Global, Swish aims to deliver food in 10 minutes using a model that combines cloud kitchens and quick commerce services.",
  "summary": "Dear Reader, eB2B platform Udaan is set to acquire Swiggy’s distribution business Lynk Logistics for Rs 500 crore. The transaction involves a share swap agreement following which Swiggy will have a minority stake in Udaan. The deal strengthens Udaan’s distribution network and helps expand its p",
  "key_points": [
    "Pixxel raises $100M in Series C funding, led by Temasek and Seraphim",
    "New investors 360 ONE Asset, IMM Investment join existing backers",
    "Funds to expand satellite sensing, software development, and production"
  ],
  "editors_take": "This funding round cements Pixxel's position in the Indian spacetech sector, enabling it to enhance its satellite capabilities and software, while Swish aims to expand its quick commerce food delivery services.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}