GIC, BlackRock funding makes Skyroot Aerospace the first space unicorn in India
[BENGALURU] Skyroot Aerospace has become India's first space-tech unicorn after securing US$60 million in fresh funding from GIC and Sherpalo Ventures, lifting its valuation to US$1.1 billion. The round also saw participation from funds managed by BlackRock, taking Skyroot's total capital raised to US$160 million, the company said in a statement on Thursday (May 7). The investment arrives at a…
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