GIC-backed Indian spacetech startup Skyroot Aerospace eyes funding from Temasek

Skyroot Aerospace, a five-year-old startup that recently made a bit of spacefaring history with the launch of India’s first privately built space rocket, is in advanced talks to raise funding from Singapore state investor Temasek, DealStreetAsia has learnt.

While the exact deal size could not be ascertained, it could be a significant double-digit figure, said a source privy to the company’s plans.

Read More