Skyroot Aerospace Unicorn
Hyderabad-based private aerospace manufacturer and commercial launch service provider, founded in 2018 by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka. Developer of the Vikram family of small-satellite launch vehicles (Vikram-S suborbital, in-development Vikram-1 orbital and Vikram-2). Became India's first spacetech unicorn in May 2026 after a $60M round co-led by Sherpalo Ventures and GIC.
Skyroot Aerospace: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 7 May 2026 | Growth Equity | $60 Mn | GIC Sherpalo Ventures Anil Chalamalasetty Arkam Ventures BlackRock Mahesh Kolli Playbook Partners Shanghvi Family Office | source |
| 30 Oct 2023 | Pre-Series C | $27 Mn | Temasek | source |
| 9 Sep 2022 | Series B | $51 Mn | GIC | source |
| 27 Jan 2022 | Bridge | $4.5 Mn | Sherpalo Ventures Amit Singhal Neeraj Arora Wami Capital | source |
| 20 May 2021 | Series A | $11 Mn | Anil Chalamalasetty Mahesh Kolli Graph Ventures Mukesh Bansal Neeraj Arora Solar Group Sutton Capital Vedanshu Investments Worldquant Ventures | source |
Recent Signals
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17 Jul 2026 · growth-traction
Skyroot targets July 18, 2026 for Vikram-1, India's first private orbital launch attempt source -
7 May 2026 · funding
Skyroot becomes India's first spacetech unicorn after $60M round source -
18 Nov 2022 · growth-traction
Skyroot launches Vikram-S, India's first private rocket (Mission Prarambh) source
News on Skyroot Aerospace
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15 Aug 2026
Redcliffe Labs and Skyroot to Test Diagnostic Reagents in Space -
5 Aug 2026
Skyroot targets $200M Funding at $2B Valuation -
3 Aug 2026
Skyroot to build its own launch pad -
1 Aug 2026
Skyroot targets 1 launch a month; Vikram-2 liftoff by 2027-end -
27 Jul 2026
Skyroot CEO says orbital data centers will be cheapest -
21 Jul 2026
Skyroot Aerospace funding: why its next bet matters -
20 Jul 2026
Skyroot Aerospace Targets One Rocket Launch Every Month From 2027 -
18 Jul 2026
Skyroot Aerospace Successfully Launches Vikram-1, India’s First Private Orbital Rocket
L Litmus · by Lapaas
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Start Free ValidationFAQs on Skyroot Aerospace
Who founded Skyroot Aerospace?
Skyroot Aerospace was founded by Pawan Kumar Chandana, Naga Bharath Daka in 2018.
How much funding has Skyroot Aerospace raised?
Skyroot Aerospace has raised $153.5 Mn across 5 tracked funding round(s), most recently on 2026-05-07. Figures are compiled from cited public sources.
Who are the investors in Skyroot Aerospace?
Investors in Skyroot Aerospace include GIC, Sherpalo Ventures, Anil Chalamalasetty, Arkam Ventures, BlackRock, Mahesh Kolli, Playbook Partners, Shanghvi Family Office.
What does Skyroot Aerospace do?
Hyderabad-based private aerospace manufacturer and commercial launch service provider, founded in 2018 by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka. Developer of the Vikram family of small-satellite launch vehicles (Vikram-S suborbital, in-development Vikram-1 orbital and Vikram-2). Became India's first spacetech unicorn in…
Where is Skyroot Aerospace headquartered?
Skyroot Aerospace is headquartered in Hyderabad, Telangana, India.
What is Skyroot Aerospace's business model?
Skyroot Aerospace's core value proposition centers on On-demand small-satellite launch, breaking down cost/access barriers to space, Vikram-I: fast, precise, customizable small-satellite deployment, Addressing a supply-constrained small-satellite launch market.
How does Skyroot Aerospace make money?
Skyroot Aerospace's cited revenue streams include Dedicated launch service fees, Rideshare launch service fees.