Agnikul raises Rs 200 crore in Series B funding

Chennai-based space tech startup Agnikul Cosmos has raised Rs 200 crore ($26.7 million) in Series B funding. The funding round was led by venture capital investors Celesta Capital, Rocketship.vc, Artha Venture Fund, and Artha Select Fund, with participation from existing investors. Agnikul plans to use the funds to prepare for its first commercial launches and build launch infrastructure. The company is in talks with around 40-45 global customers for their small payload launch solutions.