Spacetech startups to ride on Skyroot’s success, early investors cash-in

Spacetech startups to ride on Skyroot’s success, early investors cash-in



It was more than just an orbital launch for Skyroot Aerospace last week. The successful first mission of the Hyderabadbased startup is expected to boost capital flow into India’s fledgling private spacetech ecosystem while rewarding patient investors who took long-term bets on the sector before any commercial success was in sight.Skyroot, India’s first spacetech unicorn valued at $1.15 billion, is expected to become a benchmark for how investors



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