Telangana-based Skyroot raises $51 million
It is the highest-ever funding for an Indian space-tech startup
Singapore-based GIC led the round
GIC is a long-term investment firm
Skyroot can boost its launch vehicle capabilities with the funding
It can tap into the global space economy
Former ISRO engineers Pawan Kumar Chandana and Naga Bharat Daka founded Skyroot in 2018
Skyroot currently develops its flagship Vikram series of launch vehicles
The company aims to reach the international small satellite market
