
India's space startup count reached 440, with 18 private firms cleared for launches. Two commercial rockets are due in FY26-27. Private investment hit $618.5 million by March 2026.
India has roughly 440 space technology startups registered on the DPIIT Start-up India portal, the government told parliament this week. Minister of State for Atomic Energy and Space Dr Jitendra Singh said the Indian National Space Promotion and Authorisation Centre (IN-SPACe) has granted 113 authorisations to 52 non-government entities, 18 of them startups, for satellite operations, payload establishment and launch services.
The 18 authorised startups include Agnikul Cosmos, Skyroot Aerospace, PixxelSpace India, Dhruva Space, Bellatrix Aerospace and GalaxEye Space Solutions, among others. Two commercial rockets are scheduled for launch by Indian private companies in FY 26-27, Singh said. For FY 27-28, the manifest is still pending IN-SPACe approval, though the minister said over six launches could be undertaken by private firms.
Private investment in India's space sector surged nearly six-fold, from $100.5 million in 2021-22 to $618.5 million by March 31, 2026, with $187 million recorded in 2026 alone. The government opened the space sector to private participation in June 2020 and created IN-SPACe as a single-window clearance agency under the Department of Space.
The authorisation numbers cover the period since the sector opened, with applications for access to ISRO infrastructure handled through IN-SPACe's digital platform and reviewed by an expert committee.
For investors, the list of 18 authorised startups offers a direct read-through to the names that have cleared regulatory hurdles for live operations. Skyroot and Agnikul, both launch-vehicle builders, are closest to commercial revenue. PixxelSpace and Dhruva Space operate in satellite manufacturing and data services. The broader pool of 440 registered startups captures the pipeline, though only a fraction have reached the authorisation stage.
The sector's funding trajectory mirrors the regulatory opening. Private capital flowing in before the first commercial launches suggests investors are betting on a multi-year growth cycle tied to India's low-cost launch capability and domestic demand for earth-observation and communications satellites. The government's stated launch targets for FY 26-27 and FY 27-28 will be the next concrete markers for the pace of commercialisation.
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