India's Space Sector Gets a Financial Lift with Antariksh Fund

India's space sector is poised for a significant boost as the Antariksh Venture Capital Fund gears up to invest in promising startups by the first quarter of FY2027. Spearheaded by SIDBI Venture Capital Limited, the fund is positioned to channel Rs 1,005 crore into bolstering innovation and private sector participation.

The fund received its SEBI registration on October 31, 2025, followed by its initial closing on November 10, 2025. Vital mechanisms, including appointing a custodian and registering with depositories, have been completed to facilitate the issuance of alternative investment fund units.

Union Minister Jitendra Singh shared that the first round of funding approvals is expected soon, marking a pivotal step in fortifying India's position in the global space economy, as the country aims to foster private sector involvement and innovative advancements.