Agnikul Cosmos Private Limited has raised $17 million from a Pre-Series C fundraise from a group of investors, including Artha, HDFC Bank, Pratithi Investments, Advenza Global Limited, and Atharva Green Ecotech LLP.
CMS INDUSLAW advised Agnikul Cosmos on this fundraise.
The transaction team consisted of Revathy Muralidharan (Partner), Anurag Prasad (Senior Associate), Associates Ayushi Suman and Aryan Mohindroo.
Agnikul Cosmos is an Indian aerospace company specializing in the design, manufacture, and launch of orbital-class rockets tailored for micro and nano satellites.
Agnikul plans to utilise the capital infusion to accelerate launch vehicle production and launch services in response to growing customer demand, advance key infrastructural initiatives including expansion of its state of the art R&D campus and continue the development of cutting-edge reusable rocket technologies that underpin its next phase of growth.
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