India launches its largest space-tech investment vehicle
An ISRO SSLV with an Earth Obervation Satellite. Govt backing for space tech startups is soaring. Image source ISRO website.
(00:21) SIDBI hits first close of Antariksh, India’s largest space fund
SIDBI Venture Capital announced the first close of its Antariksh fund at Rs 1,005 crore, anchored by a Rs 1,000 crore commitment from IN-SPACe, Times of India reports. Registered as a Category II alternative investment fund with a decade-long tenure, it represents India’s largest dedicated space-tech vehicle and among the biggest globally.
The Rs. 1,600 crore fund will back early and growth-stage…
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