Union Cabinet approves Rs 1,000 Cr VC fund for space tech sector

Quick Summary:

The fund aims to advance India's space sector, aligning with national priorities and fostering innovation and economic growth.

It will help businesses scale, invest in R&D, and expand their workforce.

The fund is expected to support approximately 40 startups.

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Article Details

Author / Journalist: Abha Warrier

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Crore Union Space Policy Fund Sector Release Growth National Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 12:27:52 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 259 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23224390

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 7 posts per day

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