Skyroot Enters Unicorn Orbit! Raises $60 Million Ahead of Vikram-1 Launch

Skyroot Enters Unicorn Orbit!Raises $60 Million Ahead of Vikram-1 Launch

[{"selector":"#anim-d35b1225-2080-4bec-a8b7-7f1f541cfbea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(13.361434799510599%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] India's Private Space Race Gets a Booster ShotHyderabad-based Skyroot Aerospace has raised $60 million in a fresh funding round, marking a giant leap for India's private space sector.

[{"selector":"#anim-d5fbb105-f462-4c18-ad93-674aeec887c2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-6.753734465249527%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Valuation Hits $1.1 Billion Skyroot is now officially India's first space-tech unicorn — a historic milestone for the country's deep-tech ecosystem.

[{"selector":"#anim-7d4d9b62-72c1-48e8-98bd-efc3343eb254 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.874999829338595%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Silicon Valley Backs the Mission The round was led by Ram Shriram (Sherpalo Ventures), with BlackRock, Playbook Partners, GIC, Arkam Ventures, and Dilip Shanghvi's family office joining in.

[{"selector":"#anim-7c2fe53e-302c-4c6d-b574-331628530c95 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Built by Former ISRO Engineers Founded in 2018 by Pawan Chandana and Bharath Daka, Skyroot broke barriers in 2022 by launching India's first private sub-orbital rocket.

[{"selector":"#anim-7697089a-fdf2-488a-ac4f-602810005560 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Vikram-1 — India's First Private Orbital Rocket The maiden orbital launch is expected next month, carrying payloads to Low Earth Orbit at 400+ km altitude in a 15-minute mission.

[{"selector":"#anim-e36dfa81-193e-4cfb-a7f2-6b030d768476 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-9.490412186521068%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Funds Will Power the Next Chapter Capital will scale Vikram launch operations, boost manufacturing, and fast-track development of the more powerful Vikram-2 rocket.

[{"selector":"#anim-d66e4df5-7e03-4e78-a445-cbd3ad4059f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.24414051119017%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] India Is Becoming a Global Space Destination CEO Pawan Chandana says commercial contracts and customer confidence will surge after a successful orbital mission.