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 Developer of on-demand launch vehicles for small satellite deployment services. Skyroot has raised $160M in funding from investors like Sherpalo Ventures, Temasek and GIC, with a current valuation of $1.1B. The company has 176 active competitors, including 60 funded and 10 that have exited. Its top competitors include companies like SpaceX, Firefly Aerospace and AgniKul.
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
Developer of on-demand launch vehicles for small satellite deployment services. The company focuses on providing customizable and precise launch solutions. It offers dedicated and rideshare launch options with custom orbital deployment. The company is developing vehicles with carbon composite structures and advanced engine technology.
- 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
$160M in 11 rounds
Latest Funding Round
Post Money Valuation
$1.1B as on May 07, 2026
Investors
Ranked
2nd among 176 active competitors
Annual Revenue
₹32Cr as on Mar 31, 2025
Employee Count
537 as on Aug 31, 2025
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 | $3.78M (As on Mar 31, 2025) | 912 (As on Apr 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 C round on May 07, 2026 for $60M. 5 investors participated in its latest round. Skyroot has 25 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 C | - | - | - | |
Mar 25, 2026 | $10.7M | Conventional Debt | - | - | - | |
Oct 30, 2023 | $27.5M | Series B | $519M | 177.0x |
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Skyroot's founders and board of directors
Founder? Claim ProfileThe 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:
- Chandana Kumar Pawan kumar: 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
- . Bharath 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. 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 | - | Current | 7y 11m | |
Team | - | Current | 7y 11m | |
Investor | - | Current | 2y 3m | |
Investor | - | Current | 3y 8m | |
Independent board member | - | Current | 6y 5m |
View details of Skyroot's Founder profiles and Board Members
Skyroot's employee count trend
Skyroot has 537 employees as of Aug 25. The total employee count is 134.0% more than what it was in Aug 24. 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 AgniKul. 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), Series J | Provider of reusable space launch vehicles for large payloads | $11.9B | 78/100 | |
2nd | Developer of on-demand launch vehicles for small satellite deployment services | $160M | 74/100 | ||
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 | Provider of customized orbital launch vehicles and private space missions | $75.5M | 69/100 | ||
5th |  Rocket Lab 2006, Long Beach (United States), Public | Provider of launch services, spacecraft design, manufacturing, satellite components, and software | $288M | 65/100 | |
6th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
7th |  Stoke 2019, Kent (United States), Series D | Manufacturer of reusable launch vehicles | $1.34B | 65/100 | |
8th |  Isar Aerospace Technologies 2018, Munich (Germany), Series D | Manufacturer of launch vehicles for small payloads | $594M | 64/100 | |
9th | Orbex 2015, London (United Kingdom), Series D | Developer of launch system for small satellites | $158M | 64/100 | |
10th |  The Exploration 2021, Planegg (Germany), Series B | Developer of reusable space vehicles for cargo transport to space stations | $210M | 63/100 |
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Skyroot's Latest cap tables and shareholding
Founders own 25.27%, Funds (largest shareholder) own 40.18%, Enterprises own 20.58% and Angels own 10.16%. The net worth of Skyroot's founders is INR 1,090Cr as of Nov 02, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 25.27% | 1,090Cr | 2163593 | 3221801 | 6216305 | 3595555 |
6118159 | 4807828 | 8554464 | 7675929 | 9616542 | 4624293 | |
9574672 | 8834195 | 2370222 | 8645331 | 5314429 | 4732375 | |
Fund | 40.18% | 1,740Cr | 6675750 | 5061143 | 6693100 | 3864817 |
9407854 | 6217431 | 4083022 | 4177535 | 7164534 | 3572969 | |
78 | 78 | 20 | 51 | 34 | 59 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 20.58% | 890Cr | 5480365 | 2415920 | 6987353 | 9503245 |
Angel | 10.16% | 439Cr | 8077421 | 2881193 | 2017637 | 9618821 |
1700823 | 1897046 | 1515845 | 6799357 | 8034141 | 5830347 | |
ESOP Pool | 3.81% | 165Cr | 234 | 179 | 929 | 946 |
Total | 100.00% | 4,330Cr | 6680893 | 2645936 | 5232355 | 9101634 |
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.News related to Skyroot
Filter this listMedia has covered Skyroot for a total of 28 events in the last 1 year, 18 of them have been about company updates and 2 about partnerships.
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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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Skyroot eyes up to Rs 1,800 crore raise at unicorn valuationIndiatimes•Feb 18, 2026•Skyroot, GIC, Temasek, Kotak Mahindra Bank
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Spacetech eyes scale-up in 2026 after proof-driven 2025Financial Express•Dec 24, 2025•Skyroot, AgniKul
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Space startups anticipate revenue growth as investors become optimisticLivemint•Dec 18, 2025•Skyroot, Digantara
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Skyroot CEO: Demand for small satellite launches exceeds supply as Vikram-1 nears liftoffMoneycontrol•Dec 01, 2025•Skyroot
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