This is a representational image (Pic credit: Lexica)

CHENNAI: Space-tech startup GalaxEye closed a $10-million series-A funding round as it plans to launch its first satellite by July next year.
The round saw participation from notable players like Mela Ventures, Speciale Invest, Samarthya Investment Advisors, drone maker ideaForge and Infosys. The IT service major has invested Rs 17 crore in the company.