Thrustworks Dynetics, an IIT Bombay–incubated propulsion startup, is emerging as a key enabler in India’s rapidly growing space ecosystem. The company, which has already built India’s first Mobile Rocket Engine Test Bed, is now developing the country’s first Integrated Rocket Facility, bringing design, manufacturing, and testing capabilities under one roof.
Thrustworks has recently raised seven crore rupees in a funding round led by Jamwant Ventures, with Piper Serica and SINE–IIT Bombay as co-investors. The fresh capital will fuel the development of ANYA, a modular liquid rocket engine platform, and advance next-generation propulsion technologies, including High Thrust High Impulse (HTHI) engines and micro-combustors.
With India’s space sector witnessing unprecedented momentum, Thrustwo