Updated
Updated · Devdiscourse · May 7Skyroot Aerospace becomes India's first $1 billion space-tech startup
12 articles · Updated · Devdiscourse · May 7
- The Hyderabad-based company said a $60 million round from GIC, Sherpalo Ventures and BlackRock lifted total capital raised to $160 million.
- The funding gives Skyroot a landmark valuation in India's space sector, underscoring rising investor interest in private space companies.
- The milestone comes as India seeks to expand commercial space activity and build a stronger private ecosystem alongside its state-led programme.
Can India's first billion-dollar space startup successfully challenge the established giants of the rocket market? As AI and weapons move to orbit, who will write the rules for this new high-stakes frontier? How did a simple potato diet permanently re-engineer the DNA of an entire Andean population?