Chennai, April 2 -- Investments by Antariksh Venture Capital Fund in Indian space sector startups are expected to begin during the first quarter of FY2027, said Dr.Jitendra Singh, union Minister of State (Independent Charge) for Science & Technology and Earth Science.
Singh is also the Minister of State for Prime Minister's Office Personnel, Public Grievances, Pensions, Atomic Energy and Space.
Answering a question raised in the Lok Sabh, Singh said, India's dedicated venture capital fund for the space sector is progressing steadily, with investments in selected startups expected to begin in the first quarter of FY2027.
He said the Antariksh Venture Capital Fund has been operationalised, with key institutional mechanisms now in place to ...