Tag: gic
India first, orbit next: Skyroot eyes $300 million dual valuation plan
Skyroot Aerospace is in talks to raise $300 million in two tranches priced at different valuations, as the spacetech unicorn looks to scale up rocket…
FM Nirmala Sitharaman meets Singapore President, PM; discuss strengthening bilateral cooperation
New Delhi: Finance Minister Nirmala Sitharaman on Friday met Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong and discussed further strengthening bilateral cooperation. “Union…
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-Aug
New Delhi: The government has achieved about 78 per cent of the FY27 budgeted disinvestment and asset monetisation target of Rs 80,000 crore within 5…
‘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…
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…
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…
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…
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…
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…
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…