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Skyroot Aerospace: Skyroot chief seeks 74% FDI in space launch vehicle companies, ET Telecom - Vimarsana News

Skyroot Aerospace: Skyroot chief seeks 74% FDI in space launch vehicle companies, ET Telecom

Skyroot Aerospace: “A bare minimum of 49% FDI is what we are looking at. If it can be increased to 74%, it would be an ideal scenario so that we can grow at par with global standards where we get equal access to capital compared to global companies,” Pawan Kumar Chandana told ET.

FDI: Skyroot chief seeks 74% FDI in space launch vehicle companies - Vimarsana News

FDI: Skyroot chief seeks 74% FDI in space launch vehicle companies

“A bare minimum of 49% FDI is what we are looking at. If it can be increased to 74%, it would be an ideal scenario so that we can grow at par with global standards where we get equal access to capital compared to global companies,” Pawan Kumar Chandana told ET.

Govt bans 22 illegal betting apps; cyber attacks against India spike - Vimarsana News

Govt bans 22 illegal betting apps; cyber attacks against India spike

Controversial betting app Mahadev is among 22 illegal betting apps that the government ordered to be blocked on Sunday, following an investigation and raids by the Enforcement Directorate (ED). This and more in todays ETtech Morning Dispatch.

FDI: Space is capital intensive sector, enabling FDI norms can be transformational: Skyroot CEO - Vimarsana News

FDI: Space is capital intensive sector, enabling FDI norms can be transformational: Skyroot CEO

“A bare minimum of 49% FDI is what we are looking at. If it can be increased to 74%, it would be an ideal scenario so that we can grow at par with global standards where we get equal access to capital compared to global companies,” Pawan Kumar Chandana told ET.

Fortune India: Business News, Strategy, Finance and Corporate Insight - Vimarsana News

Fortune India: Business News, Strategy, Finance and Corporate Insight

The present capital infusion builds upon the company's previous raise in 2022, bringing its total funding to $95 million.