Agnikul Cosmos raised $17 million, valuing it at $500 million, from Advenza Global, HDFC Bank , and 100X VC. Funds will enhance aerospace production, reusable launch systems, and stage recovery tech through a new patent. The startup plans a 350-acre Tamil Nadu space campus. Founded in 2017, it builds small satellite launch vehicles. FY24 revenue hit ₹9 crore with ₹43 crore losses.
Trending
- India and EU Push Sustainable Ship Recycling Agenda as Three Indian Yards Near EU Approval
- India, EU Advance Ship Recycling Partnership as Three Indian Yards Qualify for EU Recognition
- NPCI Expands Global UPI With Real-Time Foreign Exchange Settlement Through HSBC and J.P. Morgan
- NPCI Partners With HSBC India and J.P. Morgan to Enable Real-Time Forex for Cross-Border UPI Payments
- Netradyne Partners with Geosecure to Expand AI Fleet Safety Solutions
- Netradyne Partners with Geosecure to Expand AI Fleet Safety Solutions
- Adani, IHC Partner on ₹1.08 Lakh Crore Odisha Aluminium Project
- Adani, IHC Partner on ₹1.08 Lakh Crore Odisha Aluminium Project
Agnikul Cosmos raises $17M, valuing the spacetech startup at $500M
Explore On The Go !
Deccan Founders © 2026 – All Rights Reserved