LatestStartup And Fundraising 29 October 2026
India Aims to Quintuple Space Economy
India is mobilizing private capital to expand its space sector, unveiling a $102 million venture‑capital fund and a $52 million technology‑adoption fund aimed at startups. The government hopes these instruments will spark innovation, attract commercial partners and drive the nation's space economy toward a five‑fold increase within the next decade.
India is rolling out two major funds to supercharge its space industry. A $102 million venture‑capital fund and a $52 million technology‑adoption fund will back startups and accelerate commercial projects.
- Target: increase the space economy five‑fold.
- Focus on private‑sector collaboration and tech transfer.
- Expected to attract domestic and foreign investors.
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