Home |Business| Skyroot Raises Rs 403 Cr In Largest Funding Round In Indian Space Tech Sector
Skyroot raises Rs 403 cr in largest funding round in Indian space-tech sector
The fresh round of funding follows the Indian government’s major thrust to the space sector by opening it up to private sector players including startups and encouraging private investments into the sector.
The fresh round of funding follows the Indian government’s major thrust to the space sector by opening it up to private sector players including startups and encouraging private investments into the sector. The company plans to cater to the demand from the international small satellite market.
“This round will help us get to full-fledged commercial satellite launch scale within a year from now. We have started booking payload slots for our upcoming launches,” said Naga Bharath Daka, Co-Founder and COO of Skyroot.