Skyroot becomes India’s first space-tech unicorn ahead of June Vikram-1 launch

Skyroot becomes India’s first space-tech unicorn ahead of June Vikram-1 launch

GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed […]

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