13/05/2026
🚀 India’s spacetech sector is reaching new heights! Skyroot Aerospace has raised $60 million (around ₹570 Cr) in a major funding round co-led by Sherpalo Ventures and GIC.
The funding round also saw participation from BlackRock, Playbook Partners, Arkam Ventures, and existing investors.
Founded by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka, the startup is building modular launch vehicles for the growing small satellite market and strengthening India’s position in the global private space industry. 🌍🛰️
📈 Fresh capital will help expand rocket development, manufacturing, and commercial launches.
🚀 Global investors continue betting big on India’s fast-growing deep-tech and spacetech ecosystem.
👉 Read More: https://ceoindiamagazine.com/skyroot-aerospace-raises-60-million/