India Can Build Rockets, But Can Its VCs Fund The Next One?
While Skyroot Aerospace proved Indian private sector capability with the Vikram-1 rocket, journalist Ashlee Vance and various founders have criticized the Indian VC ecosystem. Issues cited include excessive diligence, demands for early commercial traction, and a reliance on founder pedigree.
Key points
- Skyroot Aerospace achieved first private Indian orbital launch
- Journalist Ashlee Vance questioned Indian VCs' willingness to take risks
- Founders report friction regarding diligence and commercial expectations
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