May 8, 2026
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Skyroot Aerospace Hits Unicorn Status Following $60 Million Funding Round

Skyroot Aerospace Hits Unicorn Status Following $60 Million Funding Round

Business News Desk03 mins mins

A New Milestone for Indian Space Exploration Hyderabad-based startup Skyroot Aerospace has officially crossed the $1 billion valuation threshold, becoming India’s first space-tech unicorn. The company secured $60 million in a fresh funding round led by Sherpalo Ventures, the investment firm founded by early Google investor Ram Shriram. This capital injection marks a significant pivot…

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Skyroot Aerospace Becomes India's First Space-Tech Unicorn Following $60 Million Funding Round

Skyroot Aerospace Becomes India’s First Space-Tech Unicorn Following $60 Million Funding Round

Business News Desk03 mins mins

A Milestone for the Indian Space Economy Skyroot Aerospace, a Hyderabad-based private space launch vehicle manufacturer, has officially secured unicorn status after raising $60 million in a fresh funding round. This milestone, achieved in late 2024, marks the first time an Indian space-tech startup has reached a valuation of $1.1 billion, signaling a significant shift…

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