Mayfield India set to lead $20m funding for space startup Agnikul

NEW DELHI -- Space tech startup Agnikul Cosmos, which was incubated at the Indian Institute of Technology Madras, is close to raising up to $20 million in a Series B funding round co-led by existing investor Mayfield India -- a venture capital company focused on enterprise and consumer technology startups -- and a new global investor, according to industry sources.