# Space-tech startup Skyroot is planning to raise $150–200 million.

*aerospace · news · 2026-02-18 · Free Press Journal*

## Key points

- Skyroot is planning to raise $150–200 million, targeting a $1 billion unicorn valuation.
- Skyroot's upcoming funding round will issue fresh shares without diluting existing investors' stakes.
- If successful, Skyroot will become India's first space-tech startup to reach unicorn status.
- Global investors GIC and Temasek already hold equity in Skyroot, which is advised by Kotak Mahindra Capital.

**Companies:** Skyroot
**Countries:** India

[Read the full story on Free Press Journal](https://www.freepressjournal.in/business/skyroot-plans-to-raise-funding-of-up-to-200-million-to-become-indias-first-space-tech-unicorn)

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