Swiggy cofounders pick up stake in India’s first space unicorn Skyroot

“Good and large investors are increasingly recognizing space technology as an emerging sector in India. It has strong sovereignty and strategic importance for the country and offers significant scale potential,” said Shashank Randev, founder and general partner of early-stage deep tech-focused venture capital investor 247VC. “Space technology companies have already gained significant investor recognition globally, and in India, companies like Skyroot Aerospace are demonstrating the potential of the sector.”