Independent report

Skyroot Aerospace IC Note

Skyroot is India's only private company with an orbital-class rocket at the Sriharikota launchpad - and its FY23 and FY24 'revenues' cited in virtually every investor deck were entirely interest income on raised capital, not a single rupee of commercial revenue

SectorSpaceTech / Launch Vehicles
StageSeries C
PublishedJune 20, 2026

Authors and reviewers: Janvi (Research Analyst), Reena (Research Reviewer), Anurag (Senior Research Reviewer).

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