Indian space and defence technology startup Sisir Radar has raised $7 million from a Series A fundraise led by 360 ONE Asset, with participation from Shastra VC.
Goyel & Goyal’s New Delhi team advised Sisir Radar and its founders on all aspects of the transaction.
The transaction team was led by Akshit Goyal (Partner), with assistance from Associates Sanjeevani Mehrotra, Aparna Mukherjee, and Riya Kapoor.
Goyel & Goyal’s Bengaluru team advised existing lead investor Shastra VC, and existing investor Riverwalk Holdings.
The transaction team was led by Deepika Yadav (Partner) and Avinash Kumar (Senior Associate).
Lex Consult advised lead investor 360 ONE Asset on this fundraise.
The transaction team was led by Majid Afsar Siddiqi (Partner) and Nidhi Khadria (Partner), with support from Garima Agrawal (Senior Associate), Associates Devanshi Jain, Tejas Kandalgaonkar, Vedanti Singhal and Jash Doshi.
Sisir Radar is focused on the development of advanced radar and sensing solutions, with potential applications across space, defence, and allied strategic sectors.
The company plans to use the funding to develop and launch India’s first privately built L-band Synthetic Aperture Radar (SAR) satellite, targeted for launch by 2026. The satellite is being designed and engineered in India and is intended to provide high-resolution, all-weather imagery for applications including defence, disaster response, environmental monitoring and urban planning.
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