NEW DELHI - Indian rocket startup Skyroot Aerospace said on Friday (Sept 2) it had raised $51 million (S$71.5 million) in a funding round led by Singapore sovereign investor GIC, which it plans to use to begin commercial satellite launches by the middle of next year. The funding follows the Indian government's push to get the country's private sector to.
In what is being seen as the largest funding round ever in the Indian space-tech sector, Skyroot Aerospace, a Hyderabad-based startup has successfully raised US$51 million (Rs 403 crore).The company plans to cater to the growing demand from the .
Get latest articles and stories on Latest News at LatestLY. Space tech start-up Skyroot Aerospace has raised USD 51 million or around Rs 403 crore in a funding round led by GIC India Direct Investment Group, the company said on Friday. Latest News | Skyroot Aerospace Raises USD 51 Mn in Funding Round Led by GIC India.