The record
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- India's private SpaceTech sector has raised over $870 million in cumulative funding, with annual investment rising from $43 million in 2021 to a record $200 million in 2025, according to a Tracxn report.
- The milestone follows Skyroot Aerospace's May 2026 launch of its Vikram-1 rocket, which deployed four payloads into low Earth orbit and made Skyroot India's first SpaceTech unicorn.
- Late-stage and seed funding have both grown sharply, and Bengaluru, Hyderabad, and Chennai account for most of the investment.
- The report marks the sector's shift into a more mature growth phase since it was opened to private participation in 2020.
What to watch next
- Skyroot's secondary test flight scheduled for later in 2026
- Skyroot's planned start of full commercial launch operations in 2027
- Whether late-stage funding, up from $17 million in 2025 to $53 million in 2026 YTD, continues to rise
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Named India · Agnikul Cosmos · Bellatrix Aerospace · Digantara · EtherealX · Pixxel · Skyroot Aerospace · Tracxn
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