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Economic Times Tech
Economic Times Tech
5/11/2026
Spacetech firm Agnikul eyes $50-75 million at flat $500 million value

Spacetech firm Agnikul eyes $50-75 million at flat $500 million value

Short summary

Agnikul Cosmos, India's spacetech leader, is raising $50-75 million at a flat $500 million valuation, similar to its November round. Funds will expand production as the company approaches commercial deployment of its launch vehicles. The round reflects growing investor appetite for Indian spacetech.

  • Agnikul Cosmos raising $50-75M at $500M valuation
  • Funds for production expansion and commercial deployment
  • Signals investor confidence in Indian spacetech sector

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