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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.
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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
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
924 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
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Skyroot's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Skyroot
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SpaceX
SpaceX
2002, Hawthorne (United States), Public
Provider of advanced aerospace and space transportation services
$11.9B
81/100
2nd
Logo for Skyroot
Skyroot
2018, Hyderabad (India), Series C
Manufacturer of orbital launch vehicles for small satellite deployment missions
$145M
73/100
3rd
Logo for Firefly Aerospace
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
Logo for Astra
Astra
2016, Alameda (United States), Series B
Provider of launch services and electric propulsion systems for spacecraft
$137M
70/100
5th
Logo for Rocket Lab
Rocket Lab
2006, Long Beach (United States), Public
Provider of launch services, spacecraft design, manufacturing, satellite components, and software
$288M
69/100
6th
Logo for Relativity Space
Relativity Space
2015, Inglewood (United States), Series E
Provider of AI-powered 3D printed launch vehicles for small payloads
$1.34B
65/100
7th
Logo for Stoke
Stoke
2019, Kent (United States), Series D
Manufacturer of reusable launch vehicles
$1.34B
65/100
8th
Logo for Orbex
Orbex
2015, Forres (United Kingdom), Deadpooled
Developer of launch system for small satellites
$158M
64/100
9th
Logo for The Exploration
The Exploration
2021, Planegg (Germany), Series B
Developer of reusable space vehicles for cargo transport to space stations
$210M
63/100
10th
Logo for EtherealX
EtherealX
2022, Bengaluru (India), Series A
Developer of reusable medium-lift launch vehicles and related propulsion systems
$28.3M
61/100
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Skyroot's Latest cap tables and shareholding

Founders own 22.95%, Funds (largest shareholder) own 43.42%, Enterprises own 20.25% and Angels own 6.16%. The net worth of Skyroot's founders is INR 2,440Cr as of Jun 09, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
22.95%
2,440Cr
4927822
1797812
7046251
8677039
1166935
6033222
1175919
2604993
6487176
9716083
1103960
8802678
7102923
7951592
2137402
4635084
Fund
43.42%
4,620Cr
7745184
4629310
4545064
2156725
3821471
3554378
5098549
4693001
4511548
5529949
23769
96393
78094
99984
18289
64917
7
5
5
8
5
7
8
3
4
8
4
7
2
6
3
8
7
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
20.25%
2,160Cr
8399707
2515180
7175630
1104943
Angel
6.16%
655Cr
136398
614365
578550
571742
36779
53071
28569
67064
31116
52598
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ESOP Pool
7.22%
769Cr
7601433
6082940
3940288
2651952
Total
100.00%
10,600Cr
8770770
9765738
5492618
8234436
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Skyroot's Shareholding

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

lockFilter this list
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.
Beyond Skyroot, funding remains the challengeFinancial ExpressAug 09, 2026Skyroot
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FAQs about Skyroot

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