Blog

Startup founders are ecstatic and proud after India scripted history with its successful Chandrayaan-3 mission. This feat, they believe, will strengthen India’s position as a global superpower.

Yesterday, India became the fourth country to land on the moon, as Chandrayaan-3’s lander module made a soft landing on the lunar surface. Until yesterday, only the United States, China, and the former Soviet Union had soft-landed on the lunar surface.

India also became the first country to land on the moon’s south pole.

Here’s how Indian startup founders are reacting to this momentous achievement.

Prateek Maheshwari, Co-founder, Physics Wallah, said the success of India’s space mission is a testament to the power of frugality and innovation.

“By instilling solid checks and balances at every level of the program, India has demonstrated that achieving remarkable feats doesn’t have to come at a high cost,” said Maheshwari.

He also said when careful resource management is combined with forward-thinking creativity, the sky is not the limit, it’s just the beginning.

Pranav Pai, Founding Partner, 3one4 Capital, described the achievement as a culmination of a generation of dedication, technical innovation, and perseverance.

“ISRO’s achievement will be spoken about for perpetuity, and this will inspire many more of India’s best students to become part of the technology revolution in the country,” he said.

@media (max-width: 769px)
.thumbnailWrapper
width:6.62rem !important;

.alsoReadTitleImage
min-width: 81px !important;
min-height: 81px !important;

.alsoReadMainTitleText
font-size: 14px !important;
line-height: 20px !important;

.alsoReadHeadText
font-size: 24px !important;
line-height: 20px !important;

Also Read

Data science is changing the game for the fintech sector

“It is also timely, as India cements its position as a top five global economy and marches towards $5 trillion and the third largest country on the economic leaderboard. We look forward to a deeper investment in leading indigenous technology from here, and more inspiration for us all building tech in India!” he added.

Kartik Ganapathy, Founding Partner, IndusLaw, hopes the Chandrayaan-3 mission will pave the way for renewed interest in Indian companies involved in the space sector, especially in the areas of exploration, component manufacturing, navigation and mapping, and observational data.

“The newly minted Indian Space Policy 2023 seems to send a signal to Indian industry that their role in India’s space exploration agenda is now being actively sought.

“This juxtaposed with the successful Chandrayaan-3 mission and moon landing are happy indications of what is hopefully a positive surge in the space sector and allied industries in India,” he said, adding that the achievement could solidify India’s position as a global superpower in space.

India’s moon mission

The Indian Space Research Organisation (ISRO) launched the Chandrayaan-3 spacecraft on July 14.

Chandrayaan-3 mission, with a budget of less than $75 million, consists of three components: a propulsion module, the Vikram lander, and the Pragyan rover.

The lander will carry out experiments on seismic vibrations, near-surface plasma, lunar temperature, thermal conductivity, elemental composition, and spectral signatures of Earth.

The landing site is closer to the moon’s south pole, which holds significant scientific and strategic interest due to its potential for water ice deposits. This frozen water could be used as rocket fuel or drinking water for future crewed missions.

(YourStory will update the copy with more reactions from startup founders and entrepreneurs.)