India & VSR Ventures Private Limited

India: India's private space ecosystem is strengthened by Skyroot Aerospace becoming the country's first space-tech unicorn, signaling growing technological and commercial capabilities.

VSR Ventures Private Limited: VSR Ventures Private Limited participated in the funding round for Skyroot Aerospace, increasing its existing investment.

VSR Ventures Private Limited: VSR Ventures Private Limited had four of its Learjet aircraft grounded by the India — Directorate General of Civil Aviation (India) following a fatal crash and a subsequent safety audit that revealed multiple non-compliances in airworthiness, air safety, and flight operations. Its TCO authorization from European Union — European Union Aviation Safety Agency was also suspended.