Skyroot Aerospace becomes India’a first space tech unicorn with $60 million funding
TNN / May 07, 2026, 09:38 (IST)
Skyroot Aerospace has achieved unicorn status by raising $60 million at a $1.1 billion valuation, becoming India's first space tech unicorn. Co-led by Sherpalo Ventures and GIC, the funding will accelerate Vikram-1 launches, scale manufacturing, and develop Vikram-2. This investment underscores global confidence in India's private space sector.