ReferIndia News Skyroot Soars: India's First Space-Tech Unicorn Reaches New Heights

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Skyroot Soars: India's First Space-Tech Unicorn Reaches New Heights

Published on: May 7, 2026, 4:12 p.m. | Source: Devdiscourse

Skyroot Aerospace, based in Hyderabad, has become India's first space-tech unicorn, reaching a valuation of $1.1 billion after securing nearly $60 million in funding. The investment, led by Sherpalo Ventures and GIC, underscores confidence in the company's innovative orbital-launch solutions and its pioneering Vikram-1 rocket.

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