French firm Starburst Accelerator partners with IIT Madras to establish a €100M start-up hub for India's aviation, space, and defence sectors.

French firm Starburst Accelerator SARL partners with India's IIT Madras to establish a €100 million start-up hub aiming to foster entrepreneurship and innovation in India's aviation, space, and defence sectors. The collaboration will involve creating venture capital funds tailored for ASD technology and establishing accelerator programs to boost the Aerospace and Defence (ASD) ecosystem in India. Starburst's extensive global network will support Indian ASD startups in exploring international markets and export promotion.

March 26, 2024
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