SIDBI Venture Capital Launches ₹1,600 Crore SpaceTech Fund to Boost Indian Startup Ecosystem

SIDBI Venture Capital launched a ₹1,600 crore spacetech fund to support early and growth-stage startups and accelerate India’s emerging private space ecosystem.

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SIDBI Venture Capital Launches ₹1,600 Crore SpaceTech Fund to Boost Indian Startup Ecosystem

SIDBI Venture Capital Launches ₹1,600 Crore SpaceTech Fund to Boost Indian Startup Ecosystem
SIDBI Venture Capital announced the first close of its ₹1,600 crore Antariksh VC Fund, a sector-focused initiative aimed at accelerating India’s rapidly expanding spacetech startup ecosystem. The fund is expected to support early-stage and growth-stage companies working in satellite technology, launch systems, earth observation and downstream space applications. 
SIDBI stated that domestic spacetech innovation has reached a pivotal stage following regulatory reforms and increased private-sector participation. The new fund is positioned to catalyse capital flow into deeptech ventures and strengthen India’s competitive positioning in global new-space markets.