India's space tech sector has just welcomed its first unicorn: Skyroot, a rocket startup whose valuation has more than doubled since 2023. The Hyderabad-based company is now preparing for the country's first private o…

The exact valuation of Skyroot is not publicly disclosed. This surge in valuation comes as the company gears up for its most ambitious project yet: the orbital launch of its Vikram rocket. Scheduled to take place late…

Skyroot's success is part of a larger trend of private companies making significant strides in the space sector. Globally, companies like SpaceX, Blue Origin, and Rocket Lab have shown that private investment can lead…

Technical Challenges and Industry Context