India Launches $119 Million VC Fund to Propel Space Start-Ups and Drive Space Ambitions
Government Approves Major Investment in Space Sector The Government of India has launched a significant initiative to bolster the country’s space industry by approving a $119 million (Rs 1,000 crore) venture capital (VC) fund aimed at supporting space start-ups. The Union Cabinet, which initially proposed the fund in July, gave its final approval on October…