<ul><li>Union Cabinet approves establishment of Rs.1,000 crore Venture Capital Fund for Space Sector under aegis of IN-SPACe</li><li>The Fund aims to advance India’s space sector, foster innovation, and promote economic growth</li><li>It will support companies in the space sector to scale, invest in R&D, and create employment</li><li>The fund will operate as an Alternative Investment Fund, offering early-stage equity to startups in the space sector</li></ul>

Union Cabinet Approves Rs.1,000 Cr VC Fund for Space Sector Startups

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