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Indian spacetech startup Skyroot has raised over $4 million in a round led by one of Google’s earliest backers

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Indian spacetech startup Skyroot has raised over  million in a round led by one of Google’s earliest backers

Indian space startup Skyroot Aerospace has raised $4.5 million in a bridge round led by one of Google’s early backers, Ram Shriram, through his venture capital (VC) firm Sherpalo Ventures.
The round was co-led by Wami Capital, with participation from former WhatsApp executive Neeraj Arora and former Google executive Amit Singhal. A bridge round is an intermediate funding round that precedes a larger funding round.
“India has long been a leader in rocket launch capabilities, especially when costs have been significantly reduced. Skyroot has taken this technological prowess to a new level with its innovative and cost-effective space launch capabilities, disrupting the current state of the global launch market,” said Shriram of Sherpalo Ventures.
The company was founded in 2018 by former Indian Space Research Organization (ISRO) scientists Pawan Kumar Chandana and Naga Bharath Daka.
Skyroot Aerospace previously announced that it was in talks to raise $40 million to fund a commercial operation it plans to launch next year. The company will raise the round with new and existing investors.
The company announced an $11 million funding round in the first half of 2021, the same day its rival Agnikul raised the same amount. This is the largest round of funding raised by an Indian aerospace technology startup.
Skyroot is backed by Greenko Group founders Anil Kumar Chalamalasetty and Mahesh Kolli. Other notable investors include ex-Graph Ventures, Worldquant Ventures and Mukesh Bansal, who previously founded Myntra and Cure.fit.
The three-year-old startup is the first private Indian aerospace company to successfully test an all-cryogenic rocket engine called Dhawan-1, in honor of prominent Indian scientist Satish Dhawan.
It will not license or sell its cryogenic engine technology to any other partners, but will use it to facilitate its operations. It will partner with other companies capable of building satellites, mainly Earth observation and communications satellites, and help them launch them into space.
Hyderabad-based Skyroot claims it may be the cheapest satellite launch vehicle in the world.

Complete News Source – Business Insider

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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