Rocket startup Agnikul raises rs 200 cr capital

Chennai: Rocket startup Agnikul Cosmos on Tuesday said it has raised Rs 200 crore ($26.7 million) to scale its existing technology towards commercialisation as well as invest in key facilities such as mobile launchpads and other test rigs necessary for addressing launch-on-demand customer needs.

According to Agnikul Cosmos, the latest round saw participation from venture capital investors such as Celesta Capital, Rocketship.vc, Artha Venture Fund and Artha Select Fund, Mayfield India, along with participation from existing investors pi Ventures, Speciale Invest, Mayfield India and others.