Spacetech startup SatSure gets funding from Baring PE, others

Bengaluru: SatSure, a space technology company that utilises satellite data to extract actionable insights for the banking and insurance sectors, has raised an undisclosed amount of funding led by Baring Private Equity India as it eyes expansion of its product portfolio and growing its global footprint.

The Bengaluru-based company, which was founded in 2017 by Prateep Basu, Rashmit Singh Sukhmani and Abhishek Raju, has remained bootstrapped until now, and works with brands such as ICICI Bank, Reliance General Insurance, and Samunnati Finance among others to sell its insights on crop health and predictive analytics.