Indian Space Startup Funding: IN‑SPACe and SIDBI have launched a ₹1,000 crore venture capital fund to support private space-sector startups, promote innovation, and boost indigenous technology in India. IN‑SPACe & SIDBI Launch ₹1,000 Crore Space Startup Venture Capital Fund The Big Announcement The Indian National Space Promotion and Authorisation Centre (IN‑SPACe) in collaboration with SIDBI Venture Capital…
IN-SPACe and SIDBI have launched a ₹1000 crore venture capital fund to strengthen India’s private space ecosystem, supporting startups in launch, satellite, and space services sectors. IN-SPACe & SIDBI Launch ₹1,000-Crore Venture Capital Fund for Space Start-ups Accelerating India’s Private Space Ecosystem The Indian National Space Promotion and Authorisation Centre (IN-SPACe), in collaboration with SIDBI…
MSME Sector Gets a Boost with Mutual Credit Guarantee Scheme and Other Initiatives Introduction The Micro, Small, and Medium Enterprises (MSME) sector plays a vital role in India’s economy, contributing significantly to employment generation, export, and overall economic growth. In recent years, the sector has faced several challenges, such as lack of access to credit,…
Manoj Mittal Takes Charge as SIDBI’s CMD After Appointment by Centre Introduction In a significant development, Manoj Mittal has been appointed as the Chairman and Managing Director (CMD) of the Small Industries Development Bank of India (SIDBI) by the Centre. This move is seen as a strategic effort to strengthen the leadership of SIDBI, which…
Max Verstappen of Red Bull Dominated the Japanese Grand Prix Max Verstappen, the prodigious Dutch driver, showcased his impeccable skills yet again at the Japanese Grand Prix, dominating the race from start to finish. The Suzuka Circuit witnessed a masterclass performance from Verstappen, who left his competitors trailing behind in his wake. With this victory,…
SIDBI Partners with Karmalife to Offer Micro Loans for Gig Workers Small Industries Development Bank of India (SIDBI) has recently announced a strategic partnership with Karmalife, a fintech platform, to extend micro-loans to gig workers. This collaboration aims to address the financial needs of individuals engaged in the gig economy, providing them with access to…
SIDBI Launches EVOLVE Mission with NITI Aayog The Small Industries Development Bank of India (SIDBI) has joined hands with NITI Aayog to launch the EVOLVE (Entrepreneurship, Venture Opportunities, Learning, and Upliftment for Value Addition) Mission. This strategic collaboration aims to foster the growth and development of Micro, Small, and Medium Enterprises (MSMEs) across the country….
