Trilegal and Cyril Amarchand Mangaldas (CAM) advised on Skyroot Aerospace’s approximately US$60 million pre-Series C2 funding round.
The round was co-led by Sherpalo Ventures and Singapore’s sovereign wealth fund GIC, with participation from funds managed by BlackRock, the founders of Greenko Group, Arkam Ventures, Playbook Partners, Shanghvi Family Office and existing investors.
The fundraise valued Skyroot Aerospace at approximately US$1.1 billion, conferring unicorn status and making it India’s first space-tech unicorn.
Skyroot Aerospace is a private space launch company engaged in the research, development, manufacturing and commercialisation of space and aerospace products, including satellite launch vehicles, on-demand satellite launch services, and advanced aerospace technologies.
Trilegal advised Skyroot Aerospace on the fundraise.
The Trilegal Corporate Practice team was led by Partner Vishruta Kaul and comprised Counsel Bhavya Vatsa, Senior Associate Advaye Sawhny and Associate Saksham Gadia.
Cyril Amarchand Mangaldas advised the founders of Greenko Group on their participation in the funding round.
The transaction team was led by Partner Bhargav Joshi, with support from Senior Associate Divya Patil, and Associate SB Aditi. Senior Partner Santosh Jankiram provided strategic inputs and guidance.
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