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🚀 INDIA’S SKYROOT AEROSPACE IS IN TALKS TO RAISE UP TO $300 MILLION. 🇮🇳
Hyderabad-based Skyroot is reportedly in advanced talks with Fidelity, General Catalyst and Benchmark for a $280-300M round.
The deal could value Skyroot at $2.8-3B nearly 3× its $1.1B valuation just four months ago.
The bigger headline: Benchmark’s investment would mark its first known direct bet on an Indian company.
India’s private space industry is attracting serious global capital. 🚀