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flag Indian government approves a ₹1,000 crore ($119 million) venture capital fund for space startups, managed by IN-SPACe, from FY26.

flag The Indian government has approved a ₹1,000 crore ($119 million) venture capital fund to support space startups, operational from FY26. flag Managed by IN-SPACe, the fund aims to enhance employment and innovation across the space supply chain, with investments ranging from ₹10-60 crore per startup. flag This initiative seeks to attract private investment, bolster the space economy, and boost India's global competitiveness, targeting a growth from $8.4 billion to $44 billion by 2033.

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