Spacetech startup Skyroot Aerospace has raised Rs 100 crore (10.75 million USD) in debt funding from BlackRock. The Hyderabad-based company, founded by former ISRO scientists, will use the capital for working capital and operational costs. It is developing the Vikram series of launch vehicles. https://entrackr.com/exclusive/exclusive-skyroot-aerospace-bags-rs-100-cr-debt-from-blackrock-11261710 #India #Tech #Spacetech #Skyroot
Exclusive: Skyroot Aerospace bags Rs 100 Cr debt from BlackRock

Spacetech startup Skyroot Aerospace has successfully secured Rs 100 crore (approximately $10.75 million) through a debt funding round from BlackRock.

Entrackr