Tag: gic

'First cheque is never just capital, it's belief': Skyroot's Pawan Kumar on angel investor Mukesh Bansal
Posted in Startups

‘First cheque is never just capital, it’s belief’: Skyroot’s Pawan Kumar on angel investor Mukesh Bansal

Days after its historic success, Skyroot Aerospace cofounder Pawan Kumar Chandana publicly thanked angel investor Mukesh Bansal for backing the spacetech startup at a time…

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Number of space startups rose from one in 2014 to over 400 in 2026: Government to Rajya Sabha
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Number of space startups rose from one in 2014 to over 400 in 2026: Government to Rajya Sabha

India’s space sector has witnessed measurable gains since June 2020, when space was opened to private players, with the number of space start-ups increasing from…

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Skyroot Aerospace makes history: India's first private rocket successfully places payloads into orbit
Posted in Startups

Skyroot Aerospace makes history: India’s first private rocket successfully places payloads into orbit

Hyderabad-based startup Skyroot Aerospace on Saturday became the nation’s first private organisation to place payloads into orbit with a locally developed rocket, marking a major…

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Spacetech unicorn Skyroot launches Vikram-1, marks India's first private orbital rocket mission
Posted in Startups

Spacetech unicorn Skyroot launches Vikram-1, marks India’s first private orbital rocket mission

Hyderabad-based unicorn Skyroot Aerospace on Saturday launched Vikram-1, becoming the first private Indian company to attempt placing payloads into orbit and marking a significant milestone…

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Skyroot to launch India’s first privately developed orbital rocket tomorrow: 10 things to know
Posted in Startups

Skyroot to launch India’s first privately developed orbital rocket tomorrow: 10 things to know

Skyroot Aerospace will create history on July 18 if it successfully places a payload into orbit using a launch vehicle designed and developed in-house, becoming…

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Skyroot lines up more rockets as Vikram-1 gets a launch window
Posted in Startups

Skyroot lines up more rockets as Vikram-1 gets a launch window

Even before the maiden flight of Vikram-1, Skyroot Aerospace is planning a second orbital launch later this year, as the spacetech unicorn looks to accelerate…

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Posted in Economy

Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27

New Delhi, The government has pushed the pedal on its disinvestment and asset monetisation plan in the current fiscal, raising about 31 per cent of…

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Posted in Startups

Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end

Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…

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Razorpay confidentially files IPO papers with Sebi
Posted in Startups

Razorpay confidentially files IPO papers with Sebi

Fintech major Razorpay has filed its pre-filed draft red herring prospectus with the Securities and Exchange Board of India and the stock exchanges formally kicking…

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Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launch
Posted in Startups

Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launch

Indian unicorn Skyroot Aerospace has projected sharp revenue growth ahead of its maiden orbital satellite launch expected in the coming weeks, according to a KPMG…

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