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Skyroot - About the company

Skyroot is a series C company based in Hyderabad (India), founded in 2018 by Chandana Kumar Pawan Kumar and . Bharath Naga Bharath 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 186 active competitors, including 58 funded and 11 that have exited. Its top competitors include companies like SpaceX, Astra and Firefly Aerospace.

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. 14 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 Kumar Pawan Kumar and . Bharath Naga Bharath Daka. Chandana Kumar Pawan Kumar is the CEO of Skyroot.
Here are the details of Skyroot's key team members:

Skyroot's Board of Directors

Skyroot's board has 5 active members. Chandana Kumar Pawan Kumar, Anil Kumar Anil Chalamalasetty, . Bharath 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
-
Past
8y 3m
Team
-
Past
8y 3m
Investor
-
Current
4y 0m
Investor
-
Past
2y 7m
Independent board member
-
Current
7y 9m

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, Astra and Firefly Aerospace. 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
83/100
2nd
Logo for Skyroot
Skyroot
2018, Hyderabad (India), Series C
Manufacturer of orbital launch vehicles for small satellite deployment missions
$145M
74/100
3rd
Logo for Astra
Astra
2016, Alameda (United States), Series B
Provider of launch services and electric propulsion systems for spacecraft
$137M
70/100
4th
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
68/100
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
68/100
6th
Logo for Agnikul
Agnikul
2017, Chennai (India), Series C
Manufacturer of orbital launch vehicles for micro and nano satellites
$62.2M
66/100
7th
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
8th
Logo for The Exploration
The Exploration
2021, Planegg (Germany), Series C
Developer of reusable space vehicles for cargo transport to space stations
$680M
64/100
9th
Logo for EtherealX
EtherealX
2022, Bengaluru (India), Series A
Developer of reusable medium-lift launch vehicles and related propulsion systems
$28.3M
61/100
10th
Logo for PLD Space
PLD Space
2011, Elche (Spain), Series C
Provider of reusable launch vehicles for small payloads
$473M
60/100
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Skyroot's Latest cap tables and shareholding

Founders own 22.95%, Funds (largest shareholder) own 41.97%, Enterprises own 21.69% 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
9015230
3956015
5160722
7285400
8486504
3712970
6648405
3503724
2617586
7070551
5351481
5995278
6144519
2644757
6974336
1821995
Fund
41.97%
4,470Cr
9688939
4769863
6905124
7965804
3611789
3654122
6853619
8487819
8747376
9598940
29436
98328
24436
71536
75611
92970
2
8
5
5
5
5
5
6
2
1
4
5
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
0
0
0
0
0
0
Enterprise
21.69%
2,310Cr
5640422
7742832
4941501
5384395
Angel
6.16%
655Cr
967400
254830
718307
178594
81813
57306
86863
40265
18983
89180
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
ESOP Pool
7.22%
769Cr
4493975
4801906
8242337
9667660
Total
100.00%
10,600Cr
9748499
3385654
5213140
3131939
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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 45 events in the last 1 year, 33 of them have been about company updates and 2 about partnerships.
•
India’s space leaps show its self-assured momentumHindustan Times•Aug 23, 2026•Skyroot
•
Beyond Skyroot, funding remains the challengeFinancial Express•Aug 09, 2026•Skyroot
•
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FAQs about Skyroot

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