India Dealbook: Space startup Bellatrix raises funding; LetsVenture, Pioneer Fund tie up

Bellatrix Aerospace, a satellite propulsion startup,  has garnered $3 million (Rs 21 crore), led by IDFC-Parampara, StartupXseed, Karsemven Fund and Survam Partners, with participation from other investors including actress Deepika Padukone. In a separate development,  LetsVenture has tied up with US-based Pioneer Fund to invest in Indian companies nurtured by American seed accelerator Y Combinator.