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flag Indian startup Agnikul Cosmos raises $17M to develop reusable rockets and expand space infrastructure.

flag Indian space startup Agnikul Cosmos has raised ₹150 crore ($17 million) in a new funding round, valuing the company at $500 million. flag The investment, led by Advenza Global, HDFC Bank, and 100X.VC, will support the development of reusable launch vehicles, including the 3D-printed Agnibaan rocket, planned for 2026 launches. flag Funds will also expand production, advance stage recovery, and build a 350-acre integrated space campus in Tamil Nadu. flag The company, incubated at IIT-Chennai, has achieved a successful sub-orbital launch and secured patents for extended upper-stage life and metal additive manufacturing. flag It aims to boost launch frequency and meet rising global demand for small satellite deployments.

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