Skyroot - About the company
Skyroot is a series C company based in Hyderabad (India), founded in 2018 by Chandana Pawan Kumar and Naga Daka. It operates as a Manufacturer of orbital launch vehicles for small satellite deployment missions. Skyroot has raised $145M in funding from investors like GIC, Sherpalo Ventures and Temasek, with a current valuation of ₹10,600Cr. The company has 182 active competitors, including 57 funded and 11 that have exited. Its top competitors include companies like SpaceX, Firefly Aerospace and Astra.
Sectors and market segments that Skyroot operate in
Skyroot serves in the Aerospace, Maritime and Defense Tech market segments.The primary business model of Skyroot is:Company Details
Manufacturer of orbital launch vehicles for small satellite deployment missions. These vehicles utilize solid fuel boosters and liquid engines to transport payloads into low earth and sun-synchronous orbits. The design incorporates carbon composite structures to facilitate the delivery of satellites for various orbital requirements.
- Website
- www.skyroot.in/
- Registered Address
- Survey No. 99/1, Plot No. 4B and 4B/1, GMR Hyderabad Aviation SEZ Limited, GMR Aerospace and Industrial Park, Mamidipally, Rangareddy, Rangareddy, Hyderabad, Telangana, India, 500108
Key Metrics
Founded Year
2018
Location
Hyderabad, India
Stage
Series C
Total Funding
$145M in 11 rounds
Latest Funding Round
Post Money Valuation
₹10,600Cr as on Jun 09, 2026
Ranked
2nd among 182 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
924 as on May 31, 2026
Investment & Acquisitions
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Legal entities associated with Skyroot
Skyroot is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SKYROOT AEROSPACE PRIVATE LIMITED CIN: U74999TG2018PTC125073 , India, Active | Jun 12, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 924 (As on May 01, 2026) |
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Skyroot's funding and investors
Skyroot has raised a total funding of $145M over 11 rounds. Its first funding round was on Jul 23, 2018. Its latest funding round was a Series C round on May 07, 2026 for $50M. 8 investors participated in its latest round. Skyroot has 27 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Skyroot:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 07, 2026 | $50M | Series C | $1.1B | - | ||
Mar 25, 2026 | $10.8M | Conventional Debt | - | - | - | |
Oct 30, 2023 | $27.5M | Series B | $519M | 178.0x |
View details of Skyroot's funding rounds and investors
Skyroot's founders and board of directors
Founder? Claim ProfileThe founders of Skyroot are Chandana Pawan Kumar and Naga Daka. Pawan Kumar Chandana is the CEO of Skyroot.
Here are the details of Skyroot's key team members:
- Chandana Pawan Kumar: Co-Founder & CEO of Skyroot. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Naga Daka: Co-Founder of Skyroot. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Skyroot's Board of Directors
Skyroot's board has 7 active members. Anil Kumar Kumar Chalamalasetty, Pawan Kumar Chandana, Naga Bharath Daka, Anil kumar Anil Chalamalasetty, Mayank Rawat and Mayank Rawat are part of team and Mukesh Bansal is independent board member.Here is the list of Skyroot's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Past | 8y 1m | |
Team | - | Past | 8y 1m | |
Investor | - | Current | 3y 10m | |
Investor | - | Past | 2y 6m | |
Independent board member | - | Current | 7y 7m |
View details of Skyroot's Founder profiles and Board Members
Skyroot's employee count trend
Skyroot has 924 employees as of May 26. The total employee count is 177.0% more than what it was in May 25. Here is Skyroot's employee count trend over the years:
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Skyroot's Competitors and alternates
Top competitors of Skyroot include SpaceX, Firefly Aerospace and Astra. Here is the list of Top 10 competitors of Skyroot, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpaceX 2002, Hawthorne (United States), Public | Provider of advanced aerospace and space transportation services | $11.9B | 81/100 | |
2nd | Manufacturer of orbital launch vehicles for small satellite deployment missions | $145M | 73/100 | ||
3rd | Firefly Aerospace 2014, Cedar Park (United States), Public | Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles | $589M | 70/100 | |
4th | Astra 2016, Alameda (United States), Series B | Provider of launch services and electric propulsion systems for spacecraft | $137M | 70/100 | |
5th | Rocket Lab 2006, Long Beach (United States), Public | Provider of launch services, spacecraft design, manufacturing, satellite components, and software | $288M | 69/100 | |
6th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
7th | Stoke 2019, Kent (United States), Series D | Manufacturer of reusable launch vehicles | $1.34B | 65/100 | |
8th | Orbex 2015, Forres (United Kingdom), Deadpooled | Developer of launch system for small satellites | $158M | 64/100 | |
9th | The Exploration 2021, Planegg (Germany), Series B | Developer of reusable space vehicles for cargo transport to space stations | $210M | 63/100 | |
10th | Developer of reusable medium-lift launch vehicles and related propulsion systems | $28.3M | 61/100 |
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Skyroot's Investments and acquisitions
Skyroot has a total of 1 investment in Apollyon Dynamics. Skyroot has not made any acquisitions as of now.Reports related to Skyroot
Here is the latest report on Skyroot's sector:
News related to Skyroot
Media has covered Skyroot for a total of 44 events in the last 1 year, 32 of them have been about company updates and 2 about partnerships.
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Three in four spacetech startups yet to raise equity capital: Tracxn dataBusiness Standard•Aug 16, 2026•Skyroot
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Space-tech startups set record, raise $200 million across 53 rounds in 2025, says Tracxn ReportFortune India•Jul 28, 2026•Skyroot
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Pawan Kumar Chandana: The Skyroot CEO Who Took India's First Private Rocket to OrbitViestories•Jul 20, 2026•Skyroot
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