fromTNW | In
4 hours agoSkyroot becomes India's first space-tech unicorn ahead of June Vikram-1 launch
Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed by GIC and BlackRock-managed funds. The deal makes Skyroot India's first space-technology company to reach a $1bn-plus valuation, the kind of milestone the country's still-nascent private space sector has been working toward since regulatory liberalisation in 2020.
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