GIC-backed Indian spacetech startup Skyroot Aerospace eyes funding from Temasek

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GIC-backed Indian spacetech startup Skyroot Aerospace eyes funding from Temasek

Photo by NASA on Unsplash

Paramita Chatterjee

04 April, 2023

Skyroot Aerospace, a five-year-old startup that recently made a bit of spacefaring history with the launch of India’s first privately built space rocket, is in advanced talks to raise funding from Singapore state investor Temasek, DealStreetAsia has learnt.

While the exact deal size could not be ascertained, it could be a significant double-digit figure, said a source privy to the company’s plans.

Edited by: Padma Priya

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Printed by Unregistered user on Thu, 20 Apr 2023 23:42:45 GMT

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