Success of Skyroot and Dhruva spawns spacetech startup wave in Hyderabad (opens original article in a new tab)

Hyderabad's spacetech sector has seen a surge in startups, driven by the success of early companies like Skyroot and Dhruva Space, leading to a diverse ecosystem with significant investment and global interest.

• Hyderabad's spacetech ecosystem has grown to 95 startups with 12-15 added in the last two years
• Founders attribute growth to early successes of Skyroot and Dhruva Space, creating a diverse private spacetech cluster
• Investors and ecosystem enablers like T-Hub support the sector, with $331 million raised, mostly by Skyroot and Dhruva