Skyroot Aerospace, a private space launch company, has successfully raised USD 60 million (approximately Rs 571 crore) from a diverse group of investors, including Ram Shriram’s Sherpalo, Singapore’s sovereign wealth fund GIC, and BlackRock, becoming India’s first space-tech unicorn. This funding, announced on May 7, elevates Skyroot’s valuation to USD 1.1 billion, a significant increase from its valuation of around USD 519 million in 2023. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link