PierSight Space: Entrepreneurial Ecosystems for SpaceTech

The domain of space affairs has expanded rapidly in the last decade. Spacetech startups in India have engaged end-to-end in the spacetech value chain, attracting significant investment and media interest.

 

PierSight Space is an Ahmedabad-based spacetech startup founded by Gaurav Seth and Vinit Bansal in September 2023. It is building a constellation of Synthetic Aperture Radar (SAR) Satellites to provide improved coverage of the world’s oceans and real-time actionable insights and maritime intelligence. 

 

This case study explores the spacetech landscape and how PierSight has leveraged physical, material, human, knowledge, and social resources from the entrepreneurial ecosystem in Ahmedabad to make rapid strides in its journey. This inquiry is influenced by the general perspective that Ahmedabad is not the nexus of a technological ecosystem. How, then, do the domains of policy, markets, culture, finance, human capital, and support networks interact in elaborate and dynamic ways to influence startup outcomes?

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