AgniKul

AgniKul

Provider of customized orbital launch vehicles and private space missions

Founded

2017

Headquarters

Chennai

Status

Series C

Company Details

Website

Socials

Email

Phone

+91 - 7247246334

AgniKul Cosmos is a private aerospace manufacturer and commercial launch service provider specializing in designing, manufacturing, and launching small-lift orbital rockets. It operates at the forefront of India's private space ecosystem with proprietary 3D-printed rocket engine technology.

Core Products and Services

  • Agnibaan Launch Vehicle – On-demand, modular orbital rocket capable of placing up to 100 kg payloads into low Earth orbit with flexible launch locations and customizable payload configurations

  • Agnilet Engine – Single-piece, fully 3D-printed semi-cryogenic rocket engine, the world's first of its kind, enabling cost-effective and reliable space launches

  • Launch Services – Commercial launch services for micro and nano satellite operators with flexible scheduling and competitive pricing on a per-kilogram payload basis

  • 3D-Printed Aerospace Components – Manufacturing of large-scale rocket engines and aerospace components using proprietary additive manufacturing technology at reduced costs and faster turnaround

Business Model & Revenue Streams

  • Proprietary single-piece 3D-printed rocket engines that reduce manufacturing complexity and increase reliability while lowering production costs

  • Revenue generated through launch service contracts charged per kilogram of payload with margins earned on the delta between operating cost and market price

  • Modular, scalable business model where more launches drive higher revenue growth

  • Currently operating on non-operating income (subsidies, awards, interest) with zero operational revenue from launches; aiming for commercial launch operations

Key People

Srinath Ravichandran

Moin Spm

Satyanarayanan Chakravarthy

Key Metrics

Total Equity Funding

$72.8Million

No. of Funding Rounds

10

Latest Funding Round

$17Million, Series C

as of November 22, 2025

Post Money Valuation

$764Million

as of October 31, 2025

Funding Multiple

-

as of N/A

Investors

LionRock Capital

and 6 more

Employee Count

307

Similar Companies

EtherealX

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
November 22, 2025Series C$17Million$764Million$2.14Million- Advenza, Atharva Green Ecotech, HDFC Bank, Artha Venture Fund, Pratithi Investments, 100X.VC
September 13, 2025Series B$10.4Million$505Million$2.2Million- HDFC Bank, Advenza, Rainmatter, Guindy Alumni Angels, Atharva Green Ecotech, Pratithi Investments
April 22, 2025Series B$2.93Million$348Million$2.49Million- Artha Venture Fund
February 17, 2024Series B$482K$199Million$1.06Million- Chiratae Ventures, JetSynthesys, SAB Holding
January 4, 2024Series B$26.7Million$189Million$346K- Celesta Capital, Rocketship, Artha Venture Fund, Mayfield, pi Ventures, Speciale Invest, TCI Fund Management, Navam Capital, Anicut Capital, NISHA FAMILY, Zerodha, Jj Family Office, Kanji Advisors, Ban Labs, Culture Carousel, M C Davar Holdings, JK Tech, Vivasan Assosiates, Ira Technoventures, Brbsholdings, JetSynthesys, SiriusOne, Chiratae Ventures, Java Capital, SAB Holding, Ravikant Capital, Springbloom Ventures and Thought Ventures, LetsVenture, Shatalat Investment Sole Proprietorship, Jk Traders, Chona Family Office, Dholakia Ventures, B2V Ventures, Venktesh Investment And Trading, Valour Capital
May 19, 2021Series A$11.1Million$33.9Million$135K- Mayfield, pi Ventures, Artha Venture Fund, Speciale Invest, Beenext, LionRock Capital, Globevestor, LetsVenture, Beeline, Anicut Capital, Goolestan Investment, Jude Gomila, Ravikant Capital, Zerodha, 3.0 Fund, Gupta Goyal Revocable Trust, Agnikul, IIMA Ventures, Creed
April 30, 2020Seed$551K$9.12Million$15.4K- Globevestor
February 29, 2020Seed$3.24Million$6.67Million$6.83K- pi Ventures, Globevestor, LetsVenture, Speciale Invest, Artha Venture Fund, IIMA Ventures
February 5, 2019Seed$423K$2.05Million-- Speciale Invest

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