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

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.

Original Source

Read the full article at Livemint →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.