Skyroot becomes India’s first space unicorn: Tracing India’s private space sector boom

Hyderabad-based Skyroot Aerospace has become India’s first space-tech unicorn after raising nearly $60 million at a $1.1 billion valuation. But this story is bigger than one startup. It’s about how India opened up its space sector in 2020, triggered a startup boom, and is now aiming for a much larger share of the global space economy.