Indian space-tech startup Agnikul Cosmos, incubated by IIT-Madras, has successfully raised Rs 200 crore (approximately USD 26.7 million) in a Series B funding round. The total capital raised by Agnikul now stands at USD 40 million. The funds will be utilized to support the startup’s expansion plans as it works towards launching satellites into orbit. Agnikul has initiated the integration of its launch vehicle, Agnibaan SubOrbital Technology Demonstrator, at its private launchpad located at the Satish Dhawan Space Centre in Sriharikota. The startup aims to conduct a test launch before the end of the year.