Space startup Agnikul raises ₹150 crore

Aerospace startup Agnikul has raised ₹150 crore in a Series C round, two people familiar with the matter told Mint, after its earlier plan to raise up to $50 million failed to draw sufficient investor interest.

- Rwit Ghosh

“This is a separate fundraise from the $50 million that the company had been looking to raise since last year,” said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.