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Tag Archives: 000 crore VC fund to propel space sector

Cabinet approves Rs1,000 crore VC fund to propel space sector

New Delhi, October 24, 2024 (TBB Bureau): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore venture capital (VC) fund aimed at enhancing the Indian space sector and generating employment. The fund, to be managed by IN-SPACe, will be operational for up to five years and is expected to support startups ...

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