Skyroot - About the company
Skyroot is a series B company based in Hyderabad (India), founded in 2018 by Pawan Kumar Chandana and Naga Bharath Daka. It operates as a Manufacturer of orbital launch vehicles for small satellite deployment missions. Skyroot has raised $160M in funding from investors like Sherpalo Ventures, Temasek and GIC, with a current valuation of ₹10,600Cr. The company has 179 active competitors, including 60 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 carbon composite structures and liquid or cryogenic propulsion systems to transport payloads into orbit. The systems provide dedicated and rideshare launch capabilities for various satellite configurations. Flight computers, navigation sensors, and orbital adjustment modules manage the precise placement of satellites into designated orbits. Ground software and electrical interfaces support the integration and testing of these launch vehicles prior to flight.
- Website
- www.skyroot.in/
- Social
- 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 B
Total Funding
$160M in 11 rounds
Latest Funding Round
Post Money Valuation
₹10,600Cr as on Jun 09, 2026
Investors
Ranked
2nd among 179 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
912 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
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 $160M over 11 rounds. Its first funding round was on Jul 23, 2018. Its latest funding round was a Series B round on May 07, 2026 for $60M. 7 investors participated in its latest round. Skyroot has 27 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Skyroot:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 07, 2026 | $60M | Series B | $1.1B | - | ||
Mar 25, 2026 | $10.7M | 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 ProfileThe founders of Skyroot are Pawan Kumar Chandana and Naga Bharath Daka. Pawan Kumar Chandana is the CEO of Skyroot.
Here are the details of Skyroot's key team members:
- Pawan Kumar Chandana: 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 Bharath Daka: Co-Founder & COO 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 5 active members. Pawan Kumar Chandana, Anil kumar Anil Chalamalasetty, Naga Bharath Daka 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 | - | Current | 8y 0m | |
Team | - | Current | 8y 0m | |
Investor | - | Current | 2y 4m | |
Investor | - | Current | 3y 9m | |
Independent board member | - | Current | 6y 6m |
View details of Skyroot's Founder profiles and Board Members
Skyroot's employee count trend
Skyroot has 912 employees as of Apr 26. The total employee count is 181.0% more than what it was in Apr 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 | $160M | 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 | Provider of customized orbital launch vehicles and private space missions | $75.5M | 67/100 | ||
7th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
8th |  Isar Aerospace Technologies 2018, Munich (Germany), Series D | Manufacturer of launch vehicles for small payloads | $905M | 65/100 | |
9th |  Stoke 2019, Kent (United States), Series D | Manufacturer of reusable launch vehicles | $1.34B | 65/100 | |
10th | Orbex 2015, London (United Kingdom), Series D | Developer of launch system for small satellites | $158M | 64/100 |
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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 | 8971089 | 6205239 | 8508988 | 9265251 |
5008751 | 7794957 | 3539569 | 7795164 | 4090486 | 9467997 | |
2252168 | 7961089 | 7517451 | 8851719 | 6992374 | 5693417 | |
Fund | 43.42% | 4,620Cr | 4610929 | 1847257 | 5493130 | 8206862 |
5630091 | 6424239 | 6995687 | 3916924 | 2111309 | 6846181 | |
2 | 7 | 7 | 2 | 4 | 5 | |
0 | 0 | 0 | 0 | 0 | 0 | |
10774 | 60512 | 83976 | 43672 | 76593 | 13149 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 20.25% | 2,160Cr | 9274720 | 8046729 | 3285622 | 1950333 |
Angel | 6.16% | 655Cr | 343961 | 512769 | 340057 | 787651 |
57478 | 77917 | 12736 | 51170 | 88625 | 84019 | |
ESOP Pool | 7.22% | 769Cr | 7007772 | 2589133 | 4903320 | 6596226 |
Total | 100.00% | 10,600Cr | 5208910 | 1853413 | 8930850 | 9492707 |
To unlock detailed Cap Table of Skyroot Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView 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
Filter this listMedia has covered Skyroot for a total of 30 events in the last 1 year, 21 of them have been about company updates and 1 about partnerships.
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Swiggy Co-founders Invest in Skyroot Aerospace, India's First Space UnicornLivemint•Jun 16, 2026•Skyroot
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Skyroot Aerospace Secures $60 Million, Becomes India's First Space-Tech UnicornMoneycontrol•May 07, 2026•Skyroot, BlackRock, GIC, Sherpalo Ventures and 7 others
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From Google to Skyroot, Ram Shriram backs another frontier betFinancial Express•May 07, 2026•Skyroot, Sherpalo Ventures, GIC
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BlackRock Provides $41M Refi for South Carolina Multifamily ComplexCommercial Observer•Mar 12, 2026•Evolve Companies, NorthMarq, BlackRock, and 1 other
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Skyroot Aerospace bets on ‘space taxi’ model as Vikram-1 launch nearsThe Economic Times•Mar 11, 2026•Skyroot
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