Delivering internet access to all types of devices through its innovative solutions, Astrocast broke onto the scene with its advanced global nanosatellite IoT network to tackle challenges in industries such as Agriculture and Livestock, Oil, Gas and Mining. The company attracted several investment firms early in the piece, including Adit Ventures. Airbus SE’s venture arm, Luxembourg-based Boundary Holding, among others.
With a comprehensive investment push, Astrocast looked for operational efficiency and expansion, achieving considerable growth in the recent times. The latest development comes as a breath of fresh air for the investors that trusted the company’s vision and ability to make the progress in due course of time. For instance, Boundary Holding, led by Rajat Khare achieved 150 per cent gain on its investment and has partially exited some shares as well.
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