Indian spacetech startups raise $871 million

Indian spacetech startups have raised a total of $871 million from external venture capital.

Skyroot, a Hyderabad-based company, has raised the most money, $150 million, and is India's first spacetech unicorn.

Bengaluru is the top city for spacetech startups, with $495 million raised across 106 funding rounds.

The funding has been steadily increasing over the years, with reforms promoting private enterprises in the sector.

In 2021, startups raised $43 million, which increased to $200 million in 2025.

In 2026, startups have raised $113 million so far, with five funding rounds accounting for over $158 million.