Hyderabad startups News

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$60 Million Raised by Skyroot Aerospace with a Valuation of $1.1 Billion

New Delhi: Skyroot Aerospace has secured $60 million at a $1.1 billion valuation with support from Singapore’s GIC and billionaire Ram Shriram’s venture business, making it India’s first spacetech unicorn. The funding comes just weeks before the planned launch of Vikram-1, India’s first privately developed orbital rocket. Recently, the company transported the rocket’s flight hardware […]

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TDB-DST Backs Indigenous Trenching Innovation by Hyderabad’s Autocracy Machinery

New Delhi, June 9, 2025 – The Technology Development Board (TDB), under the Department of Science and Technology (DST), has extended crucial financial support to M/s Autocracy Machinery Pvt. Ltd., Hyderabad, to commercialize their advanced, home-grown trenching technology. This move aims to revolutionize India’s underground infrastructure development with cutting-edge, terrain-adapted machinery designed specifically for Indian […]

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