Skyroot Aerospace Raises $60M, Hits $1.1B Valuation
Skyroot Aerospace has raised $60 million co-led by Sherpalo Ventures and GIC, reaching a $1.1 billion valuation to become India's first spacetech unicorn. The Hyderabad-based startup will use the funds to launch Vikram-1, India's first private orbital rocket designed to deploy small satellites.