Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Skyroot Aerospace seeks $150–200M in funding, aiming for a $1B valuation amid growing interest in India’s private space sector.

flag Hyderabad-based space-tech startup Skyroot Aerospace is seeking $150–200 million in funding to support its growth, potentially reaching a $1 billion valuation. flag The company, backed by Singapore’s GIC and Temasek, is working with Kotak Mahindra Capital to sell a minority stake through new share issuance without diluting existing shareholders. flag This follows a significant valuation increase from $163 million in 2022 to $519 million in 2023 after a $27.5 million investment. flag The funding round reflects rising investor interest in India’s expanding private space sector, which has seen over 400 startups and rising investment.

6 Articles