Countdown to $1 billion: A Hyderabad startup rides a precious dream

Hyderabad-based Skyroot Aerospace is on the verge of becoming India's first space-tech unicorn, potentially raising $150-200 million to reach a near $1 billion valuation. This milestone signifies the maturation of India's private space sector, driven by regulatory reforms and entrepreneurial ambition, with the company's Vikram rocket series leading the charge.