India’s BIG Space Moment: Skyroot’s $1.1B Valuation Signals India’s Rising Role In Global Space Race
Skyroot Aerospace has entered the unicorn club after raising fresh funding at a $1.1 billion valuation, marking a significant milestone for India’s private space sector. The Hyderabad-based company’s latest round, co-led by GIC and Sherpalo Ventures, comes as it prepares for the launch of its orbital-class rocket, Vikram-1. The development highlights growing investor interest in India’s spacetech ecosystem and signals a broader shift towards privately driven launch capabilities. Watch.
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