Chennai-based Agnikul raises ₹150cr in Series C funding

Business Nov 21, 2025

Agnikul, the Chennai startup aiming for space, just raised ₹150 crore in its latest funding round.
New backers Advenza Global and Atharva Green Ecotech led the charge, bringing Agnikul's total fundraising to nearly $58 million since 2017.

What's next for Agnikul?

The company originally hoped to raise more but faced a tough market, even turning to debt financing for extra support.
Some investors are still waiting to see if Agnikul can pull off its first orbital launch before jumping in further.
For now, the fresh funds will help fuel that big mission and keep their space dreams alive as India's deeptech scene heats up.