LatestStartup And Fundraising 18 July 2026
India's Private Space Reforms
Skyroot Aerospace's Vikram-1 reaches orbit, validating India's private space reforms. The government introduced funding mechanisms to help startups build and scale their technologies under the IN-SPACe Seed Fund Scheme, helping to promote growth in the industry and increase access to space technology.
Skyroot Aerospace's *Vikram-1* has successfully reached orbit, marking a significant milestone for India's private space industry. The launch validates the country's private space reforms, which aim to promote growth and increase access to space technology. Key features of the reforms include:
- Introduction of funding mechanisms to support startups
- The IN-SPACe Seed Fund Scheme to help build and scale technologies
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