Agnikul Secures ₹150 Crore: Fueling India’s Reusable Rocket Ambitions

Inside the funding milestone  

Founded in 2017, Agnikul Cosmos is pioneering the world’s first single-piece 3D-printed rocket engines and end-to-end space transportation solutions. The new funding round saw participation from marquee investors including Advenza Global, Atharva Green Ecotech LLP, HDFC Bank, Artha Select Fund, Prathithi Ventures, and 100X.VC. The company plans to use the funds to strengthen its stage-recovery program, scale launch frequency, and develop its upcoming integrated space campus in Tamil Nadu, which will house manufacturing and testing facilities for launch vehicle systems.  

 

Notable updates  

* Raised ₹150 crore ($17 million) at a $500 million valuation  

* Investors include Advenza Global, Atharva Green Ecotech, HDFC Bank, Artha Select Fund, Prathithi Ventures, 100X.VC  

* Funds earmarked for reusable rocket development and stage-recovery program  

* Upcoming 350-acre integrated space campus in Tamil Nadu for manufacturing and testing  

* Agnikul continues to build on its patented 3D-printed rocket engine technology  

 

Agnikul’s latest funding underscores investor confidence in India’s private space ecosystem. With reusable rockets and advanced infrastructure, the startup is poised to meet rising demand for small satellite launches and strengthen India’s position in global space innovation.  

 

Sources: YourStory, Business Standard, NewsBytes, Hindu BusinessLine