India's Private Space Sector Hits $870M as IN-SPACe Writes the Rulebook and Startups Fill the Pipeline

India's private space industry has crossed $870 million in cumulative funding, according to a Tracxn report, driven by Skyroot Aerospace's landmark Vikram-1 launch on May 18, 2026 — the country's first privately built orbital-class rocket to deploy four payloads into 450-kilometre low Earth orbit. The success catapulted Skyroot into unicorn territory after a $50 million Series C round, taking the company's total funding to $150 million and making it India's first...