India Business News: Chennai-based space tech startup Agnikul Cosmos has raised Rs 200 crore ($26.7 million) in Series B funding. The funding round was led by Celesta Capi
Spacetech startup Agnikul Cosmos Pvt Ltd on Tuesday said it has raised Series B funding of $26.7 million (Rs 200 crore) from Celesta Capital, Rocketship.vc, ..
Indian founders need to build great companies before building unicorns, says Anand Rajaraman, Rocketship.vc
Anand Rajaraman, Founding Partner of Rocketship.vc, tells YourStory about the excitement Bharat is generating for investors across the world.
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Launched in 2015 with a corpus of $50 million, Silicon Valley-based VC Rocketship.vc closed its second fund in 2020 with a corpus of $100 million. Founded by
Anand Rajaraman, Venky Harinarayan, and Sailesh Ramakrishnan, the firm has invested in 54 companies so far, of which 16 are startups from India.
Rocketship.vc chooses its investee companies based on data. It has built a large database of potential startups, and has several metrics to measure their growth. Then, it uses ML to scan this database to find the most exciting companies around the world. But these data points vary across sectors.