India, April 1 -- The Government of India has issued a release:
Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today said that India's dedicated venture capital fund for the space sector is progressing steadily, with investment in selected startups expected to begin from the first quarter of FY2027.
In a written reply to an Unstarred Question in the Lok Sabha during the ongoing Budget Session of Parliament, Dr. Jitendra Singh informed that the "Antariksh Venture Capital Fund", set up to boost India's emerging spacetech ecosystem, has been operationalised with key institutional mechanisms now in place.
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