From Hyderabad to Orbit: How Skyroot Became India's First Spacetech Unicorn — And Why $44 Billion Is Just Liftoff
Excerpt: In May 2026, Hyderabad‑based Skyroot Aerospace crossed the billion‑dollar mark after locking in $60 million in fresh funding led by Sherpalo Ventures and GIC. The startup, preparing for the maiden launch of its Vikram‑1 orbital rocket, became India's first space‑tech unicorn — but it will not be the last. With India's space economy estimated at $8.4 billion and projected to grow to $44 billion by 2033, a new space race is underway.







