When was Skyroot founded?

Skyroot was founded in 2018 and became a unicorn in 2026.

Where is Skyroot located?

Skyroot is headquartered in Hyderabad, India. It is registered at 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.

Who is the current CEO of Skyroot?

Pawan Chandana of Skyroot. They have also founded 1 company and are angel investors in 4 startups, including .

Which legal entities is Skyroot associated with?

Skyroot is associated with SKYROOT AEROSPACE PRIVATE LIMITED.

How many employees does Skyroot have?

As of May 31, 2026, the latest employee count at Skyroot is 924.

Is Skyroot a funded company?

Skyroot is a funded company, having raised a total of $145M across 11 funding rounds to date. The company's 1st funding round was a $756K Angel round, raised on Jul 23, 2018.

How much is Skyroot worth?

The latest valuation of Skyroot is ₹10,600Cr as of Jun 09, 2026.

When was the latest funding round of Skyroot?

Skyroot's latest funding was a $50M Series C round on May 07, 2026, with participation from 8 investors.

What is the annual revenue of Skyroot?

Annual revenue of Skyroot is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Is Skyroot a Space Tech company?

The primary sector of Skyroot is Space Tech.

Where does Skyroot rank among its competitors?

Skyroot ranks 2nd amongst 182 active competitors, of which 60 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Isar Aerospace Technologies, which secured $311M in Jun, 2026.

Who are the top competitors of Skyroot?

Skyroot's top competitors include SpaceX, Firefly Aerospace and Astra. Among them, Isar Aerospace Technologies secured the most recent funding round in June, 2026.

Skyroot - 2026 Company Profile, Team, Funding, Competitors & Financials

Skyroot is a series C company based in Hyderabad (India), founded in 2018 by Pawan Chandana 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 Sherpalo Ventures, GIC and Temasek, with a current valuation of ₹10,600Cr. The company has 182 active competitors, including 60 funded and 12 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:

Aerospace, Maritime and Defense Tech > Space Tech > ***** **** > ***** ******

Company Details

Manufacturer of orbital launch vehicles for small satellite deployment missions. These launch vehicles utilize carbon composite structures and liquid or cryogenic propulsion systems to deliver payloads into low earth or sun-synchronous orbits. The systems support both dedicated and rideshare launch configurations for various satellite deployment requirements.

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 C

Total Funding

$145M in 11 rounds

Latest Funding Round

Series C, May 07, 2026, $50M

Post Money Valuation

₹10,600Cr as on Jun 09, 2026

Investors

Sherpalo Ventures & 34 more

Ranked

2^nd among 182 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

924 as on May 31, 2026

Investment & Acquisitions

Apollyon Dynamics

Similar Companies

Firefly Aerospace & 119 more

View Skyroot's full profile

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)

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 8 angel investors.

Here is the list of recent funding rounds of Skyroot:

Filter 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	-	Sherpalo Ventures, GIC	Arkam Ventures, Playbook Partners, Shanghvi Family Office, DigiTele Networks, Anil kumar Kumar Chalamalasetty, Mahesh Kolli
Mar 25, 2026	$10.8M	Conventional Debt	-	-	-	BlackRock
Oct 30, 2023	$27.5M	Series B	$519M	178.0x	Temasek	GIC, LNM India Internet Ventures

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View details of Skyroot's funding rounds and investors

The founders of Skyroot are Pawan Chandana and Naga Daka. Pawan Chandana is the CEO of Skyroot.

Here are the details of Skyroot's key team members:

Pawan 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 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 6 active members. Pawan Chandana, Anil kumar Kumar Chalamalasetty, Naga Daka, 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
Pawan Chandana	Team	-	Current	8y 1m
Naga Daka	Team	-	Current	8y 1m
Mayank Rawat	Investor	-	Current	3y 10m
Anil kumar Kumar Chalamalasetty	Investor	-	Past	2y 6m
Mukesh Bansal	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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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	SpaceX 2002, Hawthorne (United States), Public	Provider of advanced aerospace and space transportation services	$11.9B	Fidelity Investments, Baillie Gifford & 262 others	81/100
2nd	Skyroot 2018, Hyderabad (India), Series C	Manufacturer of orbital launch vehicles for small satellite deployment missions	$145M	GIC, Temasek & 33 others	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	AE Industrial Partners, RPM Ventures & 17 others	70/100
4th	Astra 2016, Alameda (United States), Series B	Provider of launch services and electric propulsion systems for spacecraft	$137M	ACME, Airbus Ventures & 15 others	70/100
5th	Rocket Lab 2006, Long Beach (United States), Public	Provider of launch services, spacecraft design, manufacturing, satellite components, and software	$288M	DCVC, Bessemer Venture Partners & 17 others	69/100
6th	AgniKul 2017, Chennai (India), Series C	Provider of customized orbital launch vehicles and private space missions	$75.5M	Celesta Capital, Chiratae Ventures & 105 others	67/100
7th	Relativity Space 2015, Inglewood (United States), Series E	Provider of AI-powered 3D printed launch vehicles for small payloads	$1.34B	Bond Capital, Tiger Global Management & 76 others	65/100
8th	Isar Aerospace Technologies 2018, Munich (Germany), Series D	Manufacturer of launch vehicles for small payloads	$905M	Lombard Odier, 10x Group & 36 others	65/100
9th	Stoke 2019, Kent (United States), Series D	Manufacturer of reusable launch vehicles	$1.34B	MaC Venture Capital, In-Q-Tel & 39 others	65/100
10th	Orbex 2015, London (United Kingdom), Series D	Developer of launch system for small satellites	$158M	HTGF, BGF & 31 others	64/100

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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	7186503	2512648	9549441	2092403
Pawan Chandana	3977405	4468665	6684759	2855402	3261243	6307961
Naga Daka	1317875	2885667	7198251	7884870	8733038	4894563
Fund	43.42%	4,620Cr	5074694	9717788	7225975	5604478
GIC	5221464	8999955	6590139	2337584	7699075	3503223
Temasek	58275	34038	24394	47413	97695	40648
LNM India Internet Ventures	7	1	5	4	1	1
Sherpalo Ventures	4	2	5	5	7	4
Crimson	3	4	8	1	5	7
AKSS Holdings	0	0	0	0	0	0
Aum Ventures	0	0	0	0	0	0
WorldQuant Ventures	0	0	0	0	0	0
Arkam Ventures	0	0	0	0	0	0
Playbook Partners	0	0	0	0	0	0
Graph Ventures	0	0	0	0	0	0
BlackRock	0	0	0	0	0	0
Sutton Capital Partners	0	0	0	0	0	0
Vedanshu	0	0	0	0	0	0
WAMI Capital	0	0	0	0	0	0
Haldirams	0	0	0	0	0	0
Enterprise	20.25%	2,160Cr	3708746	6120706	8233478	6426846
Angel	6.16%	655Cr	889256	315887	376646	717500
Mukesh Bansal	33696	36756	73692	85065	37858	61556
Guraja Raja Sekhar	0	0	0	0	0	0
Venkat Aravind Dasyam	0	0	0	0	0	0
Priyanka Metla	0	0	0	0	0	0
ESOP Pool	7.22%	769Cr	4407107	9728414	9971618	1503033
Total	100.00%	10,600Cr	6996942	8074373	7323665	7580480