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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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Ranbir Kapoor

Ranbir Kapoor and Alia Bhatt inspect their new dream home in Mumbai days after anniversary

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Ranbir Kapoor and Alia Bhatt inspect their new dream home in Mumbai days after anniversary

Ranbir Kapoor and Alia Bhatt recently inspected their future home in Mumbai, marking their third wedding anniversary. The couple’s new home is still in progress, with Ranbir wearing a black t-shirt, matching shorts, sneakers, and a cap. Alia Bhatt was seen waiting for her husband at the location, while Ranbir looked at the progress of their new home’s construction.

A video of their outing emerged on social media, with Pinkvilla posting the clip for the first time. The bungalow, named Krishna Raj after Ranbir’s grandmother, holds emotional significance to the Kapoor family. It used to belong to Ranbir’s grandparents, Raj Kapoor and Krishna Raj, and was inherited by Rishi Kapoor and Neetu in 1980. A Bollywood Life report.

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Claimed that the new bungalow cost Ranbir and family ₹250 crore. It is speculated that after the bungalow is ready, the entire Kapoor family, including Neetu Kapoor, will stay together under one roof. Alia and Ranbir currently live with Raha at Vastu The rapid growth of OTT platforms in India has been attributed to factors such as increased cinema ticket costs.

Growing demand for niche content, and changing consumer preferences. Sidharth Malhotra improved internet infrastructure, and Janhvi Kapoor are set to share screen together in the ALL upcoming rom-com Param Sundari, and they have shared entertaining behind-the-scene pictures from the sets on social media.

​Bollywood’s beloved couple, Ranbir Kapoor and Alia Bhatt, recently visited their under- boasts a modern design with grey construction dream home in Mumbai’s Bandra area, just days after celebrating their third wedding anniversary on April 14. On April 16, the duo was spotted at and shorts. The couple appeared the construction site, inspecting the progress of their abode.

In a video that surfaced on social media, Ranbir was seen wearing a black t-shirt, matching shorts, sneakers, and a cap, while Alia donned a casual shirt and shorts. The couple appeared engaged in discussions with the construction team, reflecting their active involvement in new bringing their vision to life.

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The new residence, named Krishna Raj in honor of Ranbir’s late grandmother, is a six-storey bungalow valued at approximately ₹250 crore. The property boasts a modern design with grey and light blue hues, glass balconies, and expansive windows. It’s situated close to their current

Fans have been eagerly awaiting updates on the couple’s new home, and this recent visit has only heightened anticipation. The couple’s hands-on approach to the construction process Raha underscores their commitment to creating a space that reflects their shared dreams and values Bollywood’s beloved couple, Ranbir Kapoor and Alia Bhatt, recently visited their under.

In a video that surfaced on social media, Ranbir was seen wearing a black t-shirt, matching shorts, sneakers, and a cap, while Alia donned a casual shirt and shorts. The couple appeared engaged in discussions with the construction team, reflecting their active involvement in .​

The new residence, named Krishna Raj in honor of Ranbir’s late grandmother, is a six-storey bringing their vision to life bungalow valued at approximately ₹250 crore. The property boasts a modern design with grey and light blue hues, glass balconies, and expansive windows. It’s situated close to their current residence, Vaastu, where they live with their daughter, Raha .​

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Fans have been eagerly awaiting updates on the couple’s new home, and this recent visit has only heightened anticipation. The couple’s hands-on approach to the construction process space that reflects their shared dreams and underscores their commitment to creating a space that reflects their shared dreams and values residence, Vaastu, where they live with daughter.

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