Skyroot Eyes a Funding Rocket-Boost, While MDR Deferment Brings Cheer to D2C Brands, Two Business Stories Making Waves! 🚀

Skyroot Aerospace is pursuing a $300 million funding round to scale rocket production after its maiden orbital mission, while several startups and firms reported notable financing and growth. Hocco, Scimplify, Groww and Udaan disclosed investments or improved results. A merchant discount rate deferment for select UPI payments until after Diwali gives D2C brands temporary margin relief.