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AgniKul is a series B company based in Chennai (India), founded in 2017 by Srinath Ravichandran, Moin Spm, Satya Chakravarthy and Janardhana Raju. It operates as a Provider of private aerospace manufacturer and commercial launch solutions. AgniKul has raised $44.9M in funding from investors like Mayfield, pi Ventures and Speciale Invest, with a current valuation of ₹4,490Cr. The company has 107 active competitors, including 38 funded and 7 that have exited. Its top competitors include companies like Astra, Rocket Lab and Skyroot.
Company Details
Provider of private aerospace manufacturer and commercial launch solutions. It provides users with a company developing launch vehicles capable of taking micro and nanosatellites to Low Earth Orbit on-demand. The company aims to revolutionize India's space ecosystem with its highly customizable, two-stage launch vehicle.
- Website
- agnikul.in
- Social
- Email ID
- *****@agnikul.in
- Phone Number
- +91 **********
- Registered Address
- 910 Syndicate Bank Colony, Anna Nagar West Extn, Chennai , Chennai Unclassified TN 600101
Legal entities associated with AgniKul
AgniKul is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Oct 30, 2018 | - | - | ||
Nov 30, 2017 | $1.13M (as on Mar 31, 2024) | 253 (as on Apr 30, 2025) |
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AgniKul's funding and investors
Filter this listAgniKul has raised a total funding of $44.9M over 7 rounds. Its first funding round was on Feb 05, 2019. Its latest funding round was a Series B round on Apr 22, 2025 for $2.35M. 1 investor participated in its latest round, lead by Artha Venture Fund.
AgniKul has 71 institutional investors including Mayfield, pi Ventures and Speciale Invest. pi Ventures is the largest institutional investor in AgniKul. There are 23 Angel Investors in AgniKul.
Here is the list of recent funding rounds of AgniKul:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Apr 22, 2025 | $2.35M | Series B | 7007516 | 7867038 | |
Feb 17, 2024 | $482K | Series B | 1330925 | 3746942 | |
Jan 04, 2023 | $26.7M | Series B | 2264717 | 8551686 |
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AgniKul's founders and board of directors
Founder? Claim ProfileThe founders of AgniKul are Srinath Ravichandran, Moin Spm, Satya Chakravarthy and Janardhana Raju. Srinath Ravichandran is the CEO of AgniKul.
Here are the details of AgniKul's key team members:
- Srinath Ravichandran: Co-Founder & CEO of AgniKul. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Moin Spm: Co-Founder & COO of AgniKul. They serve on the board of 1 company.Contact Info: 1 email address
- Satya Chakravarthy: Co-Founder of AgniKul and founder of 1 other company. Contact Info: 1 email address
- Janardhana Raju: Co-Founder of AgniKul.
AgniKul's Board of Directors
AgniKul's board has 1 active member. Moin Spm is part of team.Here is the list of AgniKul's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 6m | |
Team | - | Current | 7y 6m | |
Team | - | Current | 5y 0m | |
Investor | - | Current | 1y 10m | |
Investor | - | Current | 3y 11m | |
isenxbs | Investor | csyjrv{ | Current | 4y 9m |
qymfvzy | Investor | iililub | Current | 9y 6m |
wfkcuec | Investor | xknwlcu | Current | 6y 8m |
Independent board member | - | Current | 7y 6m | |
ffwbwyo | Independent board member | - | Past | 3y 4m |
View details of AgniKul's Founder profiles and Board Members
AgniKul's employee count trend
AgniKul has 241 employees as of Aug 24. The total employee count is 29.0% more than what it was in Aug 23. Here is AgniKul's employee count trend over the years:Uncover AgniKul's growth story! Sign up today!Access Tracxn on any website
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AgniKul's Competitors and alternates
Top competitors of AgniKul include Astra, Rocket Lab and Skyroot. Here is the list of Top 10 competitors of AgniKul, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Astra 2016, Alameda (United States), Series B | Provider of space-based solutions for mission launch services | $136M | 75/100 | |
2nd | Rocket Lab 2006, Long Beach (United States), Public | Provider of reusable launch vehicles for small payloads | $288M | 74/100 | |
3rd | Provider of affordable and reliable space launch services | $99.8M | 70/100 | ||
4th | Provider of private aerospace manufacturer and commercial launch solutions | $44.9M | 69/100 | ||
5th | Firefly Aerospace 2014, Cedar Park (United States), Series D | Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles | $589M | 69/100 | |
6th | Isar Aerospace Technologies 2018, Munich (Germany), Series C | Manufacturer of launch vehicles for small payloads | $420M | 63/100 | |
7th | RFA - Rocket Factory 2018, Augsburg (Germany), Series C | Developer of satellite-based solutions for mission launch services | $32.9M | 56/100 | |
8th | Deep Blue Aerospace 2016, Liaoyuan (China), Series B | Provider of reusable launch vehicles for large payloads | $102M | 54/100 | |
9th | Interstellar 2013, Hiroo (Japan), Series F | Developer of rockets for small payloads | $122M | 53/100 | |
10th | Gilmour Space 2012, Gold Coast (Australia), Series D | Developer of launch vehicles for small payloads | $99.4M | 52/100 |
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AgniKul's Latest cap tables and shareholding
Founders own 28.56%, Funds (largest shareholder) own 53.38%, Enterprises own 7.51% and Angels own 5.56%. The net worth of AgniKul's founders is INR 1,280Cr as of Apr 22, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 28.56% | 1,280Cr | 9026816 | 8134918 | 8805614 | 3001072 |
4667504 | 6664939 | 8106442 | 3854534 | 8958509 | 2291356 | |
5417446 | 3776182 | 2102306 | 6018142 | 3111394 | 9826612 | |
Fund | 53.38% | 2,400Cr | 4516752 | 8646164 | 9020579 | 8095517 |
34854 | 98989 | 45697 | 27390 | 28491 | 74390 | |
8733500 | 6135292 | 7531245 | 7506124 | 6202387 | 3840158 | |
53643 | 49970 | 84159 | 40515 | 23355 | 85269 | |
49 | 11 | 73 | 21 | 28 | 30 | |
4 | 8 | 7 | 7 | 4 | 8 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.51% | 338Cr | 5026786 | 7859552 | 9196596 | 3253200 |
Angel | 5.56% | 249Cr | 31724 | 93982 | 31079 | 80165 |
26 | 14 | 17 | 49 | 31 | 44 | |
ESOP Pool | 3.66% | 164Cr | 448 | 122 | 818 | 611 |
Other Investors | 1.28% | 57.4Cr | 4 | 8 | 8 | 2 |
Total | 99.95% | 4,490Cr | 7779238 | 1359422 | 5717190 | 7213946 |
To unlock detailed Cap Table of AgniKul Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of AgniKul's Shareholding
AgniKul's Investments and acquisitions
AgniKul has made no investments or acquisitions yet.
Reports related to AgniKul
Here is the latest report on AgniKul's sector:
News related to AgniKul
Filter this listMedia has covered AgniKul for a total of 11 events in the last 1 year, 10 of them have been about company updates.
•
Beyond Unicorns: Why India's Startup Ecosystem Must Rethink Growth and Governance
Outlook Publishing India Pvt Ltd•Jun 21, 2025•Bigbasket, Country Delight, Unacademy, BluSmart and 2 others
•
Agnikul Cosmos successfully test fires engine to power Agnibaan rocketIndia Today•May 23, 2025•AgniKul
•
Young entrepreneurs lead India's charge in global space raceCNBC-TV18•Apr 09, 2025•Digantara, Pixxel, AgniKul
•
Space industry funding in India falls 55% in 2024, may pick up this yearVCCircle•Jan 06, 2025•Speciale Invest, AgniKul, GalaxEye, InspeCity and 1 other
•
Space Ecosystem: Countdown begins for a year of space-tech commercialisation, ET ManufacturingIndiatimes•Dec 30, 2024•AgniKul
•
Seed funding drops 25% in 2024 as VCs retreatMSN•Dec 27, 2024•Artha Venture Fund, AgniKul, PiggyRide, Venture Catalysts and 2 others
•
Space tech startup Agnikul Cosmos' revenue shoots up 3X in FY24; focus on R&DYourStory•Nov 22, 2024•AgniKul
•
•
India's space strategy: Harness data to capture market beyond SpaceXBusiness Standard•Oct 14, 2024•SpaceX, Bellatrix Aerospace, Pixxel, AgniKul and 1 other
•
India’s Spacetech Funding Skyrockets In 2023, Yet It Trails Behind Global TitansOutlook India•Aug 05, 2024•Pixxel, AgniKul, Skyroot
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