<ul><li>IN-SPACe, a department of the Indian government focused on promoting and authorizing space activities, has launched a seed fund scheme for space startups.</li><li>Under the scheme, eligible startups with Indian shareholding of at least 80% can receive a grant of up to ₹1 crore in instalments.</li><li>This initiative aims to support and encourage the growth of the space industry in India, providing funding to help startups develop innovative technologies and solutions for space exploration and related fields.</li></ul>

IN-SPACe announces seed fund of up to Rs 1 crore for startups

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