Spacetech firm Agnikul eyes $50-75 million at flat $500 million value
Spacetech startup Agnikul Cosmos is in talks to raise $50-75 million at about a $500 million valuation, said five people aware of the matter.
The fresh fundraise is being planned at a similar valuation as last November when Agnikul raised $17 million from HDFC Bank and 100X.VC, among others.
Agnikul’s funding talks track Skyroot Aerospace’s unicorn round, announced last week, underscoring heightened investor appetite for India’s nascent but growing private space industry as it shifts from technology development to commercial deployment.
