- India's private space tech startups raised $200 million in equity funding across 53 rounds in 2025, marking a sharp rise from the $43 million secured by the sector in 2020.
- Funding at this stage reached $62 million in 2025, compared with $7 million in 2022.
- Five major deals accounted for more than half of the capital raised during the period.
- By July 2026, the sector had raised a cumulative $871 million across 241 funding rounds.
- Bengaluru leads the country, with companies based in the city attracting $495 million across 106 funding rounds.
- The funding in Indian space-tech was just $43 million across 12 rounds five years ago (in 2021).
- Seed-stage funding increased from $7 million in 2022 to $62 million in 2025, while late-stage funding emerged for the first time, reaching $17 million in 2025 and $53 million in 2026 YTD.
- Five funding rounds—Skyroot Aerospace ($50 million Series C), Digantara ($50 million Series B), EtherealX ($21 million Series A), Bellatrix Aerospace ($20 million Series A), and AgniKul Cosmos ($17 million Series C)—collectively contributed $158 million, accounting for more than half of the capital raised across 2025 and 2026.
India's private space-tech startups have seen unprecedented growth, raising $200 million across 53 funding rounds in 2025, a leap from just $43 million in 2020.16
Bengaluru has emerged as a hub, attracting $495 million across 106 rounds.5
The funding landscape has evolved significantly, with seed-stage funding rising from $7 million in 2022 to $62 million in 2025. Late-stage funding also made its debut, reaching $17 million in 2025 and $53 million in 2026 YTD.27
Notably, five major deals accounted for over half of the capital raised, including Skyroot Aerospace's $50 million Series C and Digantara's $50 million Series B. These significant investments highlight the growing confidence in India's space-tech sector.3
By July 2026, the sector had cumulatively raised $871 million across 241 funding rounds, covering various domains such as launch vehicles, satellite manufacturing, and earth observation. The top 10 funded companies have collectively raised over $548 million, with Skyroot Aerospace leading at $150 million.4
The India SpaceTech report by Tracxn underscores the rapid development of this ecosystem, indicating a bright future for space-tech in India.
“The funding landscape for Indian space-tech has dramatically shifted, with seed-stage funding rising from $7 million in 2022 to $62 million in 2025. Notably, five major deals accounted for over half of the capital raised, highlighting the sector's growing momentum and investor interest.”
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