Skyroot Aerospace Pvt. Ltd. announced that it has received INR 5.7 billion in funding from Sherpalo Ventures, GIC Private Limited, Arkam Ventures, Greenko Group PLC, Playbook Partners, MABS Enterprises LLP, and other investors
Published on 05/07/2026
at 05:36 am EDT - Modified on 05/06/2026
Skyroot Aerospace Pvt. Ltd. announced that it has received INR 5,700,000,000 ($60,000,000) in a round of funding co-led by returning investors, Sherpalo Ventures, and GIC Private Limited on May 7, 2026. The transaction included participation from returning investors, Arkam Ventures, Greenko Group PLC, new investors, Playbook Partners, MABS Enterprises LLP, new lender, funds managed by BlackRock, Inc. invested INR 942,512,000 and Shanghvi Family and existing investors.
The company has issued compulsorily convertible preference shares and structured debt in the transaction. The company has raised the funding at pre-money valuation of INR 103,676,320,000 ($1,100,000,000). The company has raised INR 15,000,000,000 ($160,000,000) in funding till date.
As a part of the transaction, Ram Shriram of Sherpalo Ventures will join the company's board of directors.
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology and subscription services to institutional and retail clients. Its diverse platforms of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enable it to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
Skyroot Aerospace Pvt. Ltd. announced that it has received INR 5.7 billion in funding from Sherpalo Ventures, GIC Private Limited, Arkam Ventures, Greenko Group PLC, Playbook Partners, MABS Enterprises LLP, and other investors
