SIDBI’s Venture Arm Makes First Close of India’s Largest Spacetech Fund at ₹1,005 Crore

SIDBI Venture Capital launched the Antariksh Venture Capital Fund with ₹1,005 crore in its first close, majorly backed by IN-SPACe’s ₹1,000 crore investment. Targeting ₹1,600 crore, it becomes India’s largest spacetech fund, supporting the $44 billion space economy goal by 2033. The fund will aid startups in launch and satellite development, positioning India as a full-stack space innovation hub.