Skyroot becomes India first spacetech unicorn as it bags 60 million and ramps Vikram rockets

Published on 8 May 2026

Cryogenic engine plans ride alongside a doubled valuation

India’s startup funding stayed hot on 7 May 2026. Skyroot Aerospace secured $60 million to become the first Indian spacetech unicorn, doubling its pre-money valuation and planning a steady Vikram-1 cadence plus Vikram-2 development. Pronto raised $45 million in Series B at a $200 million valuation. InMobi also acquired US analytics platform MobileAction.

Skyroot hits $60 million and turns India first spacetech unicorn
Pronto closes a $45 million Series B with valuation doubling to $200 million
InMobi acquires US-based MobileAction to strengthen iOS marketing analytics
Robotics startup Alphadroid raises $3.8 million pre-Series A

#inmobi #startup funding #space tech #india #venture capital

Read the full story at Startup Talky

This summarization was done by Beige for a story published on Startup Talky

Skyroot becomes India first spacetech unicorn as it bags 60 million and ramps Vikram rockets

The full experience is on mobile.