Skyroot Aerospace, a Hyderabad-based startup backed by CureFit founders Mukesh Bansal and Ankit Nagori, is developing a rocket which can be assembled and launched in a day that will be used to hurl small satellites into space, eyeing a slice of the global market for tiny satellite launches that is expected to grow over the next decade. Skyroot, founded by former Indian Space Research Organisation (ISRO) scientists Pawan Kumar Chandana, Naga Bharath Daka and Vasudevan Gnanagandhi, expects to demonstrate its first rocket by 2021, which it says could potentially reduce launch costs by a third.