Antariksh Venture Capital Fund

Union Minister of State (Independent Charge) for Science & Technology Jitendra Singh has announced that India’s dedicated space-sector venture fund — the Antariksh Venture Capital Fund — is progressing steadily, with investments in selected startups expected from the first quarter of FY2027.

The update was shared in a written reply during the ongoing Budget Session of Parliament.

Key Highlights

• The Antariksh Venture Capital Fund has been operationalised to support India’s growing spacetech ecosystem
• Managed by SIDBI Venture Capital Limited (SVCL) as the investment manager
• Registered with Securities and Exchange Board of India (SEBI) on October 31, 2025
• Achieved initial closing on November 10, 2025
• Committed corpus: ₹1,005 crore

Objective of the Fund: The fund aims to:

• Provide financial backing to private space startups
• Promote innovation and indigenous technology development
• Strengthen India’s commercial space capabilities
• Encourage private sector participation in the space economy

Significance: The initiative aligns with India’s broader push to:

• Open up the space sector to private players and startups
• Build a globally competitive spacetech ecosystem
• Reduce dependence on foreign technologies

Support emerging areas such as satellite manufacturing, launch services, and downstream applications