Skyroot Aerospace raises $60 million at $1.1 billion valuation ahead of launch

May 6, 2026 - 22:30
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Skyroot Aerospace raises $60 million at $1.1 billion valuation ahead of launch
Skyroot Aerospace has raised $60 million at a $1.1 billion valuation, becoming India's first spacetech unicorn, backed by Singapore's GIC and billionaire Ram Shriram's venture firm. The raise comes weeks before the planned launch of Vikram-1, India's first privately developed orbital rocket.

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