Udupi Shipyard launches inaugural vessel of six 3800 TDW General Cargo Vessels built for Norwegian entity

Udupi Cochin Shipyard Ltd. (UCSL), the wholly-owned subsidiary of Cochin Shipyard Ltd., on Monday, launched the inaugural vessel of the Series of Six 3800 TDW General Cargo Vessels being built for M/s. Wilson ASA, Norway.

Martine Aamdal Bottheim, Minister Counsellor and Deputy Head of Mission at the Royal Norwegian Embassy, New Delhi, launched the vessel accompanied by Einar Tornes, Chief Financial Officer of Wilson ASA. CSL Chairman and Managing Director Madhu S. Nair, Chairman and Managing Director of Cochin Shipyard Limited; Director (Technical) Bejoy Bhaskar, UCSL Chief Executive Officer A. Harikumar and others were present.

Headquartered in Bergen, Norway, Wilson ASA is a leading short sea fleet operator transporting about 15 million tonnes of dry cargo a year across Europe. It operates a fleet of around 130 vessels ranging from 1500 to 8500 DWT. Besides the orders for 6 3,800 DWT vessels with UCSL, Wilson ASA has further signed a follow on order of 8 6300 TDW Dry Cargo Vessels. The projects are under various stages of construction.

While the steel cutting for the vessel under launch was done in December 2023, the keel laying was done in April 2024. It is scheduled to be delivered by February 2025. The vessel, designed by Conoship International, Netherlands, has a length of 89.43 m, breadth of 13.2 m and draft of 4.2 m. It was constructed as an environment-friendly diesel electric vessel with provisions for fixing sails to further enhance fuel efficiency. The vessel with the propulsion power of 750kW would be propelled by 2 electrical motors of 375 kW each. Three Diesel Generators of 416 kW each power the vessel that accommodates seven personnel.

Since the takeover of the M/s Tebma Shipyards in 2020, UCSL Cochin has delivered two 62T Bollard Pull Tugs to Ocean Sparkle Ltd., an Adani Harbor Services Company, and two 70T Bollard Pull Tug to Polestar Maritime Ltd. It has received further orders of four 70T Bollard Pull Tugs as repeat orders from Ocean Sparkle Ltd. (three) and Polestar Maritime Ltd. (one).

Monday’s launch underscores CSL Group’s commitment to the ‘Atma Nirbhar Bharat’ initiative, as well as the ‘Make in India’ and ‘Make for the World’ programs of Government of India, Mr. Nair said.

source/content: thehindu.com (headline edited)

Bengaluru leads Indian cities in FDI contribution to British capital: London & Partners

Bengaluru’s significant contribution—13% of total FDI inflows—underscores its role as a key player in the global investment landscape, according to a business growth agency.

Bengaluru has emerged as a frontrunner among Indian cities driving foreign direct investment (FDI) into London, accounting for an impressive 13 per cent of global FDI inflows into the British capital last year, according to Hemin Bharucha, Regional Director-India and Middle East, London & Partners, a business growth agency.

Speaking to indianexpress.com on Thursday, Bharucha said, “India contributes to 30 per cent of London’s global FDI. But of all the winds that come from India, 40 per cent come from Bengaluru alone. So, if you see, about 13 per cent of global FDI that came into London last year was from Bengaluru alone. Other cities are not far behind. Mumbai, Pune, in the west, and Delhi and the NCR in the north are also frontrunners. We are also seeing a lot of success from fast-emerging cities like Coimbatore, Madurai, Chandigarh, etc.”

Janet Coyle, Managing Director (Business Growth), London & Partners, stated that this year alone, the agency has helped 23 companies from India while it assisted 31 to expand last year. “We also measure the gross value added (GVA) to the economy. For Indian companies, it’s around 40 million pounds annually. We measure GVA based on jobs created, sectors they are in, and growth potential,” said Coyle, who is on a two-day visit to India to discuss business trends and innovation between London and Indian cities, key sectors, tech collaborations, and the future of India-UK business opportunities.

Coyle said the London & Partners team in Bengaluru is keen on engaging with businesses in the city focusing on artificial intelligence, software-as-a-service companies, health tech, and other tech companies. “Our team here in Bengaluru is starting to see more interest in decarbonisation-type products and companies, health technologies, medical devices, life sciences, and businesses that are incubated out of premier institutions. That’s where a lot of these new innovations are born and then they grow into startups. We are also looking forward to supporting bio-innovation companies and venture capitalists who are funding them and helping them expand internationally,” she said.

Coyle emphasised that many Indian companies already well established in London are now seeking access to universities in the British capital to tap research opportunities in AI. “Well-established companies like TCS, WiproHCL, and Mphasis have been in London for decades. They’re excited about the talent and innovation in London. They now want access to our universities for collaborations, particularly in AI, as it’s a core strategy in London. In fact, companies like Mphasis, HCL, and Wipro have already set up AI hubs in London, and we are in talks with some AI companies in India who have expressed interest in expanding to London,” she said.

Coyle said that while companies don’t receive grants or free office space for expansion, the agency offers tailored services that are free. “We work with every company on an individual basis, helping them understand the right structure to set up in the UK. We connect them to partners, potential new customers, corporates, government, and regulators, among other stakeholders. We also connect them to investors if they are looking for growth capital and provide support in hiring the right talent. Additionally, London also serves as a gateway to other global markets like Africa, the Middle East, and the rest of Europe,” she said.

source/content: indianexpress.com (headline edited)

Mangaluru: First woman Yakshagana ‘Bhagavatha’ K Leelavathi Baipadithaya passes away

K Leelavathi Baipadithaya, the first woman to perform as a Yakshagana ‘Bhagavatha’ (singer) and a pioneering figure in the world of coastal Karnataka’s traditional theatre, passed away on Saturday, December 14, at the age of 77.

Leelavathi Baipadithaya, who made history by touring with professional Yakshagana troupes, was a trailblazer for women in the field. In her remarkable 40-year career, she became the first woman to tour with Yakshagana ‘melas’ (troupes), performing all-night shows across the coastal belt.

She was associated with several renowned troupes, including Subrahmanya, Puttur, Kadri,  Bappanadu, Kumble, Talakala, and Aladangady, and performed as a ‘bhagavatha’ for more than two decades. In addition, she also contributed as an ‘athithi bhagavatha’ for more than 17 years.

Supported by her husband, Harinarayana Baipadithya, a senior ‘maddale’ player, she took up the ‘bhagavathike’ (singing) after their marriage and became a household name in the Yakshagana community. Her performances were known for their rich and melodious voice, which inspired many women to take up Yakshagana as both performers and singers, particularly after the 1980s.

A recipient of numerous accolades, Leelavathi was honoured with the Karnataka Yakshagana Academy Award in 2010, the Mangalore University Yakshamangala Award in 2015, and several others, including the Alva’s Nudisiri Award, Ullala Rani Abbakka Award, Karavali Lekhaki Award, and Udupi Pejawar Mutt Award. She was conferred with the Rajyotsava Award in 2023.

Though she had no formal schooling, Leelavathi had completed the Hindi Visharada course and was trained in Carnatic vocal music for seven years, showcasing her dedication to the art form.

Leelavathi Baipadithaya’s passing marks the end of an era for Yakshagana and women’s participation in traditional performing arts. She leaves behind a lasting legacy as a pioneer, inspiring generations of women to step into the world of Yakshagana.

Her contributions to the art form will be remembered and cherished by the Yakshagana community and fans across the region.

source/content: daijiworld.com (headline edited)

‘Kempe Gowda opened eight gates of Bengaluru in 1537, and they have stayed open ever since’

Roopa Pai’s Becoming Bangalore: Stories that Shaped a Hometown will see a special launch at the Bangalore Literature Festival this weekend.

Roopa Pai was in her early teens when she first read Gone with the Wind, American journalist Margaret Mitchell’s only novel, rife with idyllic, if somewhat ahistorical and whitewashed, imagery of the Antebellum South, portraying it as a great, fallen civilisation. One aspect of the book that struck her was the novel’s protagonist’s (Scarlett O’Hara) deep, abiding love for her family home, Tara, a love that keeps her going through some of the greatest losses, disasters and tragedies of her life.

“She would come home and pick up the red earth of Tara and say, I’m home, and I can heal,” recalls Pai, the author of over 30 books and the co-founder of Bangalore Walks, a city-based history and heritage walks and tours company. ”For me, Bangalore has always been that place. I just have a very deep, positive connection to this city.”

It is this profound, unwavering love for the city, one that managed to survive Pai’s 12-year-long hiatus away from it in the early nineties when she lived in different cities and countries, that was funnelled into a column she began writing in February 2021. “It’s the first time I’ve written a column,” she says, recalling how the editor of a national daily reached out to her asking her to write this online column on Bengaluru back then. “I have never written a fortnightly column before, so it was a bit of a challenge. But it was a challenge I liked because it was about Bangalore,” says Pai, who promptly agreed to it.

Column to book

Now, four years and almost 100 columns later, Pai is all set to release her latest book, Becoming Bangalore: Stories that Shaped a Hometown, a collation of 75 of these columns, all centred on the city she has grown up in and is deeply passionate about. Dedicated to “the city that raised me, and to everyone who believes in the singular power of curiosity, collaboration, and a capaciousness of mind and heart in building inspiring communities, cities and countries,” Becoming Bangalore is a delightful 300-odd page paean to Bengaluru, dipping and diving into stories, facts (and sometimes popular factoids), history, mythologies and memories of the city.

The conversion of these columns, published online, into a book happened rather serendipitously, going by Pai’s account. “I am a computer engineer, but I haven’t got around to enjoying reading on the web,” she says, with a laugh.”I’m traditional. I like books.” She had been toying with the idea of converting these online columns for a while, she says, even contemplating self-publishing “because I didn’t think a mainstream publisher would be interested in bringing out a set of columns on Bangalore” until she casually mentioned this to Thomas Abraham, MD, Hachette India in mid-2023, by which time around 60 columns had been published. That was how the idea of a book was born.

Becoming Bangalore, edited by Vatsala Kaul-Banerjee of Hachette India and illustrated by Priya Kuriyan (“I think of us a dream team,” says Pai), is all set to be formally released on 17 January, 2025. There will also be a special launch at the 13th edition of the Bangalore Literature Festival, where Pai will be in conversation with Atta Galatta co-founder Subodh Sankar on 15 December.

Many delightful stories

Becoming Bangalore is filled with delightful stories from the city’s glorious past, connecting it seamlessly to contemporary times, likely altering the way any inhabitant of Bengaluru will relate to the city.

For instance, did you know that Kempe Gowda, the founder of modern Bengaluru, was a chieftain under the Vijayanagara Empire whose capital Hampi was once “the biggest city in the world after Beijing.”? Or have you ever wondered how a city plumb in the middle of the dry, rocky Deccan Plateau is so full of trees that it has earned the sobriquet “garden city”? Also, why does a statue of Chhatrapati Shivaji continue to reign over Bhashyam Circle by the Sankey Tank, and what is the connection between the last ruling Maharaja of Mysore, Jayachamarajendra Wadiyar, and the German composer Richard Strauss?

Context: The then C.M. K.C.Reddy had an ambitious programe to eradicate Black Money

This book, which is divided into four major sections, each named after some of the city’s popular flowers, Gulmohar, Champaka, African Tulip and Pink Trumpet, offers answers to these questions, constantly reiterating the global outlook, innovative nature and inherent cosmopolitism of the city, something that Pai thinks of as “the spirit of Bengaluru.”

Despite the flak that the city has garnered on social media in the recent past, at its core, it is and has always been a “charmed little bubble of a place where any language, any culture” has been allowed to exist, where collaboration and the ubiquitous “adjust madi” is as deeply entrenched in the soil of the city as the roots of the trees, both native and exotic, that line its streets and avenues.

“I wanted to make that point that this has always been a city that has welcomed people from outside. Bangalore-ness is about absorbing, assimilating and welcoming,” says Pai. “Kempe Gowda opened the eight gates of Bangalore in 1537, and they have stayed open ever since.”

She firmly believes that this inclusive attitude towards migrants has only made the city better and will continue to. “The largest, grandest cities of the world have always been melting pots… if you give people soil to grow, it can only enrich the garden,” she says, pointing out that Bengaluru’s location, at the edge of Karnataka, closer to Tamil Nadu, Andhra Pradesh and Kerala, has played a significant role in making the city “a place where people from everywhere came, assimilated and learnt to work with each other peacefully.”

Creating the book

Becoming Bangalore is the latest in a series of books focusing on the city, which include Askew: A Short Biography of Bangalore by T.J.S. George, Nature in the City: Bengaluru in the Past, Present, and Future by Harini Nagendra, The Promise of the Metropolis: Bangalore’s Twentieth Century by Janaki Nair, Namma Bangalore: The Soul of a Metropolis by Shoba Narayan and Past and Curious by Stanley Carvalho. “I feel like the city has reached some kind of critical mass. There are people doing a lot here, thinking about it a lot,” says Pai, who believes that this is also because the city is maturing into a kind of thought leader “not just for India but also for the world,” she says.

Additionally, the city has, over the years, developed multiple subcultures and “people of every subculture want representation and recognition,” she says. “There cannot be a monolithic Bangalore…there’s enough of a population, diversity and pluralism now here,” argues Pai, adding that though the lenses through which these various writers see the city are different, all these different stories come from a place of love, exploration and feeling of ownership. “Even the trolling that Bangalore has begun to receive online recently from new residents comes from them wanting to be included in the grand story of the city.”

Unlike many old-time Bengalureans, whose narrative of Bengaluru is often tinctured with regret and longing about the city it once was, Pai is refreshingly positive about its future. “I know of people who feel that some golden Utopia has gone away, and it often makes them sad or bitter,” she says. “But I think the city is still glorious.” While not discounting the problems besieging the city— traffic, pollution, overcrowding, potholes and so on —she thinks of it as “birthing pains. You have to go through this last bit when you mature from a small town to a true metropolis.”

Still the best

After all, while lovely, small towns cannot retain their people, says Pai. “People leave small towns to go and work somewhere else,” she says. “It broke my heart to have to leave my city, but I also had to go because I felt it was too small to hold me.” In her opinion, Bengaluru has only gotten better and will continue to attract the best minds and people to it because “it has retained its small town flavour of warmth and gentility and everything. But it also now offers opportunities so people don’t have to leave,” she says. “At the risk of sounding somewhat blinded by love, I think we are still the best place.”

source/content: thehindu.com (headline edited)


Preserving heritage: A cultural bridge between India, US

Mysuru is renowned as the ‘City of Palaces’, and restoring Jayalakshmi Vilas Mansion further enriches its cultural allure.

The iconic Jayalakshmi Vilas Mansion, a treasure trove of the state’s cultural heritage, is undergoing a meticulous restoration at the University of Mysore. The restoration of the west wing of the palace is funded by the US Department of State’s Ambassadors Fund for Cultural Preservation (AFCP) and the project is a testament to the enduring friendship between the United States and India.

Jeanne Briganti, Public Affairs Officer of the US Consulate General, Chennai, and Ratna Mukherjee, strategic planning and public engagement specialist at the US Consulate General, Chennai, in an exclusive interview with The New Indian Express, shared their insights into the significance of the project and its broader impact.

Could you elaborate on the significance of the Jayalakshmi Vilas Mansion and why it was chosen for the AFCP grant?

Its selection for the AFCP grant stems from its undeniable historical importance and the collaborative potential of partners like the University of Mysore and the Deccan Heritage Foundation. This initiative, one of the largest in AFCP’s history in India, highlights our commitment to preserving and conserving cultural landmarks that matter not only to the local community but also to global heritage enthusiasts.

What are the conservation efforts taking place under the AFCP grant at the Jayalakshmi Vilas Mansion, and what is the expected timeline for the project’s completion?

This project is a centrepiece of the AFCP’s global initiative, which has supported over 1,100 projects across 50 countries since 2001. The west wing’s restoration is progressing swiftly, with completion expected by the end of 2025.

How do you envision the conservation work contributing to promoting cultural tourism and beyond?

Mysuru is renowned as the ‘City of Palaces’, and restoring Jayalakshmi Vilas Mansion further enriches its cultural allure. This project will undoubtedly boost cultural tourism, drawing visitors eager to explore the mansion’s historical and artistic wealth.

How does the Ambassadors Fund for Cultural Preservation align with the US govt’s broader cultural diplomacy goals in India?

By preserving and conserving iconic sites like Jayalakshmi Vilas Mansion, we strengthen the cultural bridge between our nations. Projects like this resonate with younger generations, showcasing our shared commitment to heritage and the arts. It’s an investment about fostering mutual respect and understanding, building a narrative of collaboration and friendship.

‘AFCP supported 23 projects across India’

Ratna Mukherjee, strategic planning and public engagement specialist at the US Consulate General, Chennai, shed light on the local community’s involvement in the project.

Are there plans to involve the local community or students of Mysore University in the conservation process?

Students from the Department of Archaeology work as interns, providing them hands-on experience in documentation and restoration techniques. This project isn’t just a one-off effort; it’s about fostering a sustainable model where the local community and academic institutions play a pivotal role in preserving and utilising the site.

Could you share some examples of other AFCP projects in India that have made a significant impact on preserving cultural heritage?

The AFCP has supported 23 projects across India, each contributing significantly to preserving and conserving the nation’s diverse heritage. For instance, we’ve funded Preservation of Palm leaf manuscripts and rare books at the United Theological College, also converting them to digital format and microfilms.

source/content: newindianexpress.com (headline edited)

Private Hospitals and Nursing Homes’ Association gets Shobha Prakash as its first woman president

With a senior gynaecologist taking over as president of the Private Hospitals and Nursing Homes’ Association (PHANA) in Bengaluru, the 24-year-old organisation got its first woman chief. 

Outgoing president Govindaiah Yathish passed on the responsibilities to Shobha Prakash at PHANA’s National Health Summit 2024 held in the city on Sunday. The new team headed by Dr. Prakash will have a two-year term till 2027.

“As president of PHANA, I am deeply committed to upholding the highest standards of safety, compliance, and innovation in healthcare. Ensuring that private hospitals, regardless of size, strictly adhere to fire safety norms — mandatory for licence renewal under the Karnataka Private Medical Establishments (KPME) Act — is crucial for building trust and ensuring patient safety,” Dr. Prakash said.

She said the new team will hold deliberations with the government and Insurance Regulatory and Development Authority of India (IRDAI ) and General Insurance Company (GIC) on the low reimbursement costs and the need for revision.

Discussions at the summit with the theme “Small Hospitals to Smart Hospitals” were aimed at integrating technology into smaller healthcare establishments to revolutionise patient care and operational workflows.

The summit featured various sessions including discussions on ‘Insights into healthcare efficiency and customer-centric strategies’ and ‘Hospital Infection Control (HIC) to ensure patient safety and quality standards.’ Panel discussions on health insurance and medico-legal issues related to heath care providers were also held.

On the occasion, several doctors including Prathap C. Reddy, founder-chairman of Apollo Hospitals; Prasanna H.M., former PHANA president; B.M. Muralidhar, Trinity Heart Centre; V.S. Raju, Vijayaagar Hospital; Bikamchand Saklecha, Santosh Hospital, and Prashanth Marla, A.J. Hospital and Research Centre, Mangaluru, were felicitated.

source/content: thehindu.com (headline edited)

Udupi’s Dr Shruti Ballal wins ‘Mrs Earth International Tourism 2024’ title

Dr Shruti Ballal, a distinguished diabetologist from Udupi, has made India proud by winning the “Mrs Earth International Tourism 2024” title and being named Ambassador of “Mrs Earth International 2024” at a grand event in Manila, Philippines.

The 10-day event highlighted her intelligence, compassion, and commitment to environmental causes, marking a significant milestone for Indian women’s empowerment.

Dr Ballal has dedicated her career to diabetes prevention and early detection, organising over 100 free awareness programmes at the grassroots level.

Her advocacy for healthy living promotes traditional, regional, seasonal, and local food habits, along with yoga, meditation, and physical activity. This eco-friendly approach fosters a harmonious relationship between human well-being and the environment.

source/content: daijiworld.com (headline edited)

Unsung Heroes: Mallamma Solagithi, a midwife who delivered over 10,000 lives for free in rural Karnataka

Mallamma has been recently awarded the 2024 Kannada Rajyotsava Award for her tireless service as a midwife.

In the quiet town of Kavital and neighbouring villages in Karnataka’s Raichur district, Mallamma, 74, has become a household name for her unwavering dedication to ensuring safe, natural childbirth.

Known affectionately as ‘Soolagithi Mallamma’, she has been recently awarded the 2024 Kannada Rajyotsava Award for her tireless service as a midwife.

Mallamma’s journey as a midwife began over 40 years ago, during a time when access to healthcare facilities in rural Karnataka was scarce. Without formal medical training, she relied on the wisdom passed down through generations and her deep understanding of traditional childbirth practices. Mallamma would travel on foot from village to village, responding to calls from expectant mothers at all hours of the day and night.

By assisting in natural and safe deliveries, Mallamma saved the lives of countless mothers and newborns. Over the years, she has assisted in over 10,000 deliveries, all free of cost.

By assisting in natural and safe deliveries, Mallamma saved the lives of countless mothers and newborns. Over the years, she has assisted in over 10,000 deliveries, all free of cost.

For Mallamma, the awards are a source of joy but not the ultimate goal. “I don’t need money. I am content with the respect and love I receive from the people I serve,” she said.

In fact, she was also offered opportunities to work in hospitals but declined in the “interest of serving the society”. “My doctors in the village asked me to work and earn a decent livelihood. But I refused. I want to pursue this as a social work and help the needy,” she said.

Despite her contributions, Mallamma’s personal life has been one of struggle.

She has a small shed where she sleeps and another shed where she cooks. Between the two sheds, one can find a herd of cattle sauntering. In fact, her sheds are located on government land and run the risk of being demolished at any time.

She, therefore, submitted, “All I ask from the government is to provide me with proper housing to live, cook, and conduct my day-to-day chores.”

In addition to the Kannada Rajyotsava Award, she was recently honoured by the Raichur district administration for her contributions not only as a midwife but also for her role in promoting traditional medicine and women’s health.

source/content: indianexpress.com (headline edited)

S.M. Krishna, former External Affairs Minister and Karnataka CM, dies

The 92-year-old veteran politician was ailing for quite some time, a family source said.

Former Karnataka Chief Minister S.M. Krishna passed away at his residence early Tuesday (December 10, 2024) morning, his family said.

The 92-year-old veteran politician was ailing for quite some time, a family source said.”S.M. Krishna is no more. He breathed his last at 2:45 am at his residence. Mortal remains are likely to be taken to Maddur today,” the source said.

Somanahalli Mallaiah Krishna is survived by his wife Prema and two daughters Shambhavi and Malavika.

Early years

Born in Somanahalli in Karnataka’s Mandya district on May 1, 1932, Somanahalli Mallaiah Krishna started his career in electoral politics in 1962 by winning the Maddur assembly seat as an independent.

He was then associated with the Praja Socialist Party before joining the Congress.

He later joined the BJP in March 2017, ending his nearly 50-year-long association with the Congress.

He announced his resignation from the Congress in January 2017, saying the party was in a “state of confusion” on whether it needed mass leaders or not.

Mr. Krishna in January 2023 announced that he was retiring from active politics, citing his age as the reason.

He was the 16th Chief Minister of Karnataka from October 11, 1999, to May 28, 2004, (from Congress).

Served as External Affairs Minister in UPA govt

He also served as the Governor of Maharashtra and was the External Affairs Minister during the Manmohan Singh-led United Progressive Alliance (UPA) government from 2009 to 2012.

A law graduate, Mr. Krishna studied in the US graduating from the Southern Methodist University in Dallas, Texas, and The George Washington University Law School in Washington DC, where he was a Fulbright Scholar.

Mr. Krishna served as the Speaker of the Karnataka Legislative Assembly from December 1989 to January 1993. He was also a member of Lok Sabha and Rajya Sabha several times between 1971 and 2014.

Mr. Krishna was a member of both the Karnataka Assembly and Council and also served as Deputy Chief Minister (1993 to 1994).

He was Karnataka Pradesh Congress Committee president ahead of the 1999 assembly polls in which the party won and he became the chief minister.

Mr. Krishna is credited by many for putting Bengaluru on the global map as a fillip given to the IT sector during his tenure resulting in the city growing as India’s Silicon Valley’.

source/content: thehindu.com (headline edited)

Space-tech start-up Pixxel raises $24 million in additional funding

Space technology company Pixxel on Monday announced the raising of $24 million in additional funding as part of its Series B round.

This new investment brings the total Series B funding to $60 Million. With this, Pixxel has raised a total of $95 Million across all funding rounds to date, the company said.

Pixxel is building the world’s highest-resolution hyperspectral satellite constellation. Its hyperspectral satellites are designed to capture data across 250+ spectral bands at an unparalleled 5-metre spatial resolution, spectrally fingerprinting the earth and delivering details invisible to conventional imaging methods.

The Series B extension round added new investors, M&G Catalyst and Glade Brook Capital Partners, who have joined existing backers Google, Radical Ventures, Lightspeed, and others.

“This funding positions Pixxel as one of the highest-funded space-tech startups in India and the highest-funded hyperspectral imaging company globally, reinforcing its mission to build a health monitor for the planet through advanced earth observation satellites and drive impactful climate action,” the company said.

Awais Ahmed, founder and CEO of Pixxel, said, “This funding echoes the investors’ confidence in Pixxel’s technological capabilities. The new infusion of capital will help us launch more satellites quicker, transforming how humanity understands and acts on the challenges of our time.”

The funds will accelerate the development and launch of Pixxel’s entire constellation of 18 commercial hyperspectral satellites planned for the near future. It will also support the growth of Pixxel’s software offerings, including Aurora, its AI-driven Earth Observation platform, enabling seamless analysis and actionable insights for diverse applications from hyperspectral data.

Additionally, the funds will drive Pixxel’s plans to expand its satellite manufacturing capacity, scale its operations for upcoming missions, and enhance its capability to provide a full spectrum of satellite manufacturing services—from small satellites to advanced imaging payloads for other organisations and governments.

source/content: thehindu.com (headline edited)