aerospace / news / / Free Press Journal
Space-tech startup Skyroot is planning to raise $150–200 million.
Skyroot is planning to raise $150–200 million, targeting a $1 billion unicorn valuation.
KEY POINTS
- 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
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