aerospace / news / / Telegraph India
Skyroot Aerospace has become India’s first space-tech unicorn after raising $60 million in a fresh funding round led by GIC and Sherpalo Ventures.
Skyroot Aerospace is India's first space-tech unicorn after a $60 million funding round.
KEY POINTS
- The funding was led by Singapore's GIC, with participation from BlackRock and others.
- Skyroot's Vikram-1 will be India's first privately developed orbital launch vehicle.
- Google board member Ram Shriram joins Skyroot's board following the funding round.
- India’s private space sector now supports nearly 400 start-ups after recent policy reforms.
COMPANIES
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