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Skyroot Aerospace Becomes India’s First Space Tech Unicorn Ahead Of Vikram-1 Launch
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Skyroot Aerospace Becomes India’s First Space Tech Unicorn Ahead Of Vikram-1 Launch
Indian startup Skyroot Aerospace has become the country’s first space technology unicorn after raising $60 million in new funding ahead of the planned orbital debut of its Vikram-1 rocket in the coming weeks. The Hyderabad-based company said the investment round valued Skyroot at $1.1 billion on a pre-money basis. The financing included approximately $50 million in primary equity co-led by Sherpalo Ventures and GIC, along with about $10 million …
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