Srinath Ravichandran and Suyash Singh on overcoming failure in spacetech

What happened

At TechSparks 2026, AgniKul’s Srinath Ravichandran and GalaxEye’s Suyash Singh share how frugal innovation, perseverance through failure, and strategic policy shifts are shaping India’s emerging private space technology sector. The rise of private spacetech in India is frequently celebrated through triumphant headlines, but behind every successful rocket launch or satellite deployment lies a gritty reality defined by hundreds of investor rejections, acute supply chain bottlenecks, and the constant threat of orbital failure. Speaking with Shradha Sharma, Founder and CEO, YourStory and The Bharat Project, at the 17th edition of YourStory’s flagship tech-startup event, TechSparks, Srinath Ravichandran, Co-founder and CEO of AgniKul Cosmos, and Suyash Singh, Co-founder and CEO of GalaxEye, shared practical insights into the complex task of building aerospace ventures in an emerging market.