Pune-based Astrophel Aerospace has raised ₹6.84 crore in a pre-seed round to build reusable semi-cryogenic launch vehicles. The funds will boost R&D, propulsion systems, and in-house tech development. With ISRO collaboration & test-ready prototype in 24-36 months, startup aims to reduce launch costs & support India’s growing space ambitions with indigenous, modular and cost-effective space tech.