Skyroot becomes India space tech unicorn as first private orbital launch nears

Valuation more than doubled since 2023

Skyroot, the Indian rocket startup, has emerged as the country’s first space technology unicorn as it prepares for India’s first private orbital launch. Its valuation has reportedly more than doubled since 2023, underscoring fast-growing investor confidence in NewSpace ambitions and raising expectations for a landmark milestone in India’s commercial space race.