Science TechnologyTuesday, 28 July 2026·The Hindu - Science
India space-tech funding hits $871 million by July 2026; Bengaluru leads with 57% share
A Tracxn report said India’s space-tech ecosystem raised about $871 million by July 2026, with Bengaluru accounting for 57% of the total funding.
Key highlights
Direct fact
In July 2026, Tracxn’s ‘Space Tech in India’ report said India’s space-tech ecosystem had raised about $871 million, with Bengaluru leading at $495 million across 106 rounds.
Key specifics
- The report mapped 285 space-tech companies in India, of which 274 were active.
- 72 of the 285 companies had received equity funding by July 2026.
- Bengaluru raised $495 million across 106 rounds, equal to 57% of total sector funding.
- Chennai raised $80 million across 20 rounds, while Hyderabad raised $205 million across 37 rounds.
- Skyroot Aerospace led with $150 million and Vikram-1, India’s first privately developed orbital-class rocket.
Exam lens
Science and technology report question, Tracxn, 285 companies, Bengaluru $495 million, Chennai $80 million, Skyroot Aerospace $150 million; TNPSC may ask city-wise funding or India’s private space ecosystem.