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LatestStartup And Fundraising 18 July 2026

India Space Reforms

Vikram-1 successfully reaches orbit, validating India's private space reforms and the government's funding mechanisms to help startups build and scale their technologies, under the IN-SPACe Seed Fund Scheme, this milestone marks a significant step forward for India's space industry.

Vikram-1, launched by Skyroot Aerospace, has successfully reached orbit. This landmark launch validates *India's* private space reforms. Key features of the launch include:
- The government introduced funding mechanisms to help startups build and scale their technologies
- The IN-SPACe Seed Fund Scheme supports the growth of private space companies
The successful launch of Vikram-1 marks a significant step forward for *India's* space industry, demonstrating the effectiveness of the government's reforms and funding mechanisms.

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