And with $160MM in funding at a $1.1B valuation? I don't know about their debt, but to get to LEO in 8 years on that little money is extremely impressive.
The first, second and third stages all being solid rockets also means India now has a global-range ICBM, with only a little bit of modification needed to make it storable in a silo. Privately developed, but I would be astonished if the Indian military isn't well aware of this new capability.
It's three solid rocket boosters stacked on top of each other and a very tiny liquid fueled engine on the 4th stage. I would be interested in what the delta/v stats/capability of the 4th stage booster are with 350 kg payload.
Extremely strong performance from India’s Skyroot with their Vikram-1 rocket. I can say that many in the space industry are looking for new launch capacity to LEO.
There's another startup trying reusable rockets.
Strong ? They shall learn from SpaceX how one explodes rockets on the launch pad. /s
https://en.wikipedia.org/wiki/Rutherford_(rocket_engine)