How did GIC's fifty-one million check change the investor sentiment around Indian deep tech?
Replied byPawan Kumar Chandana
Co-founder & CEO at Skyroot Aerospace
Niche: Technology
Revenue: Pre-Revenue/month
Location: Hyderabad, Telangana, India
Started: 2018
Before GIC came in, the investment community was highly skeptical that a pre-revenue deep tech startup could raise growth capital. GIC's investment was completely revolutionary, closing two months before our first suborbital launch and showing that large institutional funds would back hard science.
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