New Delhi, June 10 -- India's spacetech startups have emerged as the biggest beneficiaries of the first disbursal round under its Rs.1 trillion research, development and innovation (RDI) fund, as the government ramps up efforts to build domestic prowess in strategic technologies.

Under the first round of approvals, spacetech companies secured Rs.833.89 crore in assistance, the highest among all sectors, according to a document reviewed by Mint.

The government approved 22 startups for a total assistance of Rs.2,192.32 crore under the inaugural cohort of the scheme launched last year. Dhruva Space, Astrome, The ePlane Company, Agnikul, GalaxEye, and Manastu Space are among the companies that have been selected for funding.

The companies ...