{
IN-SPACe

Companies

}

government launches 1000 crore fund to boost space startups in india

The government has approved a Rs 1,000 crore venture capital fund aimed at supporting space startups, with operations expected to commence within five years. The fund, managed by the Indian National Space Promotion and Authorisation Centre (IN-SPACe), plans to invest Rs 150-250 crore annually, targeting investments between Rs 10-60 crore based on the startups' development stage.
Moneycontrol
Indian Rupee IN-SPACe IND
Technology & Innovation, Press Release
12:26 24.10.2024
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