Indian spacetech firm Agnikul Cosmos has successfully raised approximately ₹150 crore ($17 million) in a new funding round, achieving a valuation of about ₹4,482 crore ($500 million). The investment came from family offices and institutional investors, including HDFC Bank and 100X.VC. Funds will be used to scale production of aerospace components, advance its stage-recovery program, and develop an integrated space campus in Tamil Nadu to support its reusable launch vehicle ambitions.