{"id":41766,"date":"2025-11-13T18:14:45","date_gmt":"2025-11-13T12:44:45","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=41766"},"modified":"2025-11-13T18:14:46","modified_gmt":"2025-11-13T12:44:46","slug":"in-space-sidbi-%e2%82%b91000-crore-fund","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/","title":{"rendered":"IN-SPACe SIDBI \u20b91000 Crore Fund Launch to Boost India\u2019s Private Space Startups"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#IN-SPACe_and_SIDBI_have_launched_a_%E2%82%B91000_crore_venture_capital_fund_to_strengthen_Indias_private_space_ecosystem_supporting_startups_in_launch_satellite_and_space_services_sectors\" >IN-SPACe and SIDBI have launched a \u20b91000 crore venture capital fund to strengthen India\u2019s private space ecosystem, supporting startups in launch, satellite, and space services sectors.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#IN-SPACe_SIDBI_Launch_%E2%82%B91000-Crore_Venture_Capital_Fund_for_Space_Start-ups\" >IN-SPACe &amp; SIDBI Launch \u20b91,000-Crore Venture Capital Fund for Space Start-ups<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Accelerating_Indias_Private_Space_Ecosystem\" >Accelerating India\u2019s Private Space Ecosystem<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Fund_Structure_and_Scope\" >Fund Structure and Scope<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Strategic_Significance_for_India\" >Strategic Significance for India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Leadership_Remarks\" >Leadership Remarks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Implications_for_Stakeholders\" >Implications for Stakeholders<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Why_This_News_Is_Important\" >Why This News Is Important<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Bridging_the_Private_Space_Gap\" >Bridging the Private Space Gap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Catalyst_for_Technology_Economy\" >Catalyst for Technology &amp; Economy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Impacts_on_Multiple_Exam_Domains\" >Impacts on Multiple Exam Domains<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Key_Takeaways_from_%E2%80%9CIndias_%E2%82%B91000-Crore_Space_VC_Fund%E2%80%9D\" >Key Takeaways from \u201cIndia\u2019s \u20b91,000-Crore Space VC Fund\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#FAQs_Frequently_Asked_Questions\" >FAQs: Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#1_What_is_the_main_objective_of_the_%E2%82%B91000-crore_venture_capital_fund_launched_by_IN-SPACe_and_SIDBI\" >1. What is the main objective of the \u20b91,000-crore venture capital fund launched by IN-SPACe and SIDBI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#2_Who_manages_this_%E2%82%B91000-crore_venture_capital_fund\" >2. Who manages this \u20b91,000-crore venture capital fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#3_Which_organization_collaborated_with_SIDBI_to_launch_this_fund\" >3. Which organization collaborated with SIDBI to launch this fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#4_What_is_the_role_of_IN-SPACe_in_Indias_space_ecosystem\" >4. What is the role of IN-SPACe in India\u2019s space ecosystem?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#5_How_will_this_fund_impact_Indias_global_space_standing\" >5. How will this fund impact India\u2019s global space standing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#6_When_did_the_Union_Cabinet_approve_this_fund_initiative\" >6. When did the Union Cabinet approve this fund initiative?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#7_What_kind_of_startups_will_benefit_from_this_fund\" >7. What kind of startups will benefit from this fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#8_How_does_this_initiative_align_with_Indias_NewSpace_policy\" >8. How does this initiative align with India\u2019s NewSpace policy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#9_How_can_aspirants_relate_this_news_to_their_exam_syllabus\" >9. How can aspirants relate this news to their exam syllabus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#10_What_is_the_significance_of_SIDBIs_involvement\" >10. What is the significance of SIDBI\u2019s involvement?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/in-space-sidbi-%e2%82%b91000-crore-fund\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IN-SPACe_and_SIDBI_have_launched_a_%E2%82%B91000_crore_venture_capital_fund_to_strengthen_Indias_private_space_ecosystem_supporting_startups_in_launch_satellite_and_space_services_sectors\"><\/span><strong>IN-SPACe and SIDBI have launched a \u20b91000 crore venture capital fund to strengthen India\u2019s private space ecosystem, supporting startups in launch, satellite, and space services sectors.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IN-SPACe_SIDBI_Launch_%E2%82%B91000-Crore_Venture_Capital_Fund_for_Space_Start-ups\"><\/span>IN-SPACe &amp; SIDBI Launch \u20b91,000-Crore Venture Capital Fund for Space Start-ups<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Accelerating_Indias_Private_Space_Ecosystem\"><\/span>Accelerating India\u2019s Private Space Ecosystem<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Indian National Space Promotion and Authorisation Centre (IN-SPACe), in collaboration with SIDBI Venture Capital Limited (SVCL), has launched a dedicated venture capital fund of <strong>\u20b91,000 crore<\/strong> aimed at empowering India\u2019s private space sector.<br>This fund is designed to fuel early-stage and growth capital investment in companies engaged across the space value chain \u2014 from launch vehicle systems and satellite payloads to in-orbit servicing and downstream applications of space data. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fund_Structure_and_Scope\"><\/span>Fund Structure and Scope<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Approved by Securities and Exchange Board of India (SEBI) and backed by the Union Cabinet\u2019s October 2024 decision, the fund is managed by SVCL, a wholly-owned subsidiary of Small Industries Development Bank of India (SIDBI). <br>The scope covers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Launch technologies including propulsion and vehicle systems. <\/li>\n\n\n\n<li>Satellite manufacturing and innovative payload development.<\/li>\n\n\n\n<li>In-space services such as debris management, space manufacturing, and servicing existing satellites. <\/li>\n\n\n\n<li>Downstream applications leveraging Earth-observation and communication: for agriculture, climate applications, defence and more. <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strategic_Significance_for_India\"><\/span>Strategic Significance for India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">By carving out a \u20b91,000-crore fund dedicated to the space sector, India is signalling a strong intent to foster a vibrant private space ecosystem. The move aims to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Enable indigenous innovation by providing financial runway for start-ups to test, build and scale technologies.<\/li>\n\n\n\n<li>Reduce dependence on external technologies, thereby strengthening national security in space capability.<\/li>\n\n\n\n<li>Create high-value employment, boost the domestic economy and enhance India\u2019s share in the global space market. <\/li>\n\n\n\n<li>Position India as a competitive player in affordable launch and satellite services globally.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Leadership_Remarks\"><\/span>Leadership Remarks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">According to Lochan Sehra (Joint Secretary, IN-SPACe):<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cThis fund is a major enabler for India\u2019s private space sector. It will support startups with the financial runway needed to test ideas, build indigenous technologies, and scale confidently.\u201d <br>Arup Kumar (MD &amp; CEO, SVCL) added:<br>\u201cThe space sector represents one of the most promising frontiers of national growth. This dedicated fund will give young companies the capital and confidence to innovate boldly, commercialize breakthroughs, and contribute to India\u2019s emergence as a global space power.\u201d <\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Implications_for_Stakeholders\"><\/span>Implications for Stakeholders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For startups, this fund opens new access to growth capital and signals strong government backing. For students aspiring to government exams (teaching, banking, civil service, defence etc.), this development underscores how India is pushing high-technology sectors and how policy initiatives can create opportunities in manufacturing, research and services. Banking and financial services professionals may see increasing funding flows into private space ventures. Civil service aspirants should note how national policy is aligning industry, defence and technology.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\" id=\"IN-SPACe-SIDBI-\u20b91000-crore-fund\"><img decoding=\"async\" src=\"data:image\/jpeg;base64,\/9j\/4AAQSkZJRgABAQAAAQABAAD\/2wCEAAkGBxITEhUSEhIWFRUXFRUXFxgVFxcZGBYXGBgYFxoaGBUYHSggGBolHRgVITEhJSkrLi4uFx8zODMtNygtLisBCgoKDg0OGxAQGy0fHyUtLS0rLS0rLTIvLS4tLS0tLS0tLS0tLystLS0tMC0tLS0rLS0tLS0tLS0tLS0tLS0tNf\/AABEIAKMBNgMBIgACEQEDEQH\/xAAcAAACAgMBAQAAAAAAAAAAAAAAAQQFAgMGBwj\/xABCEAABAwIDBQYEAwUFCQEAAAABAAIRAyEEEjEFQVFhcQYTIoGhwTKRsfAH0eFCUmKC8SNTcpKyFBYzRFRjk6LSFf\/EABkBAQADAQEAAAAAAAAAAAAAAAABAgMEBf\/EACkRAQEBAAEDAwIFBQAAAAAAAAABAhEDITESQVEEEzJhcZHBIqGx0eH\/2gAMAwEAAhEDEQA\/APDU0kIGhCEDWKaZM3QA6BEJFAKATSQgze2Lb96xISTJ4oLPCYbDuYC+q5jjuyOdoSLEcUUNnUSDmxBaZ0NNxtxtOoUbC3EDWeOgstrgPK1ifL21VbL8tJZ8f5\/2iVmBri2ZAJgi0jcROk+61Lbivi3btNOC1KylOEAIlE3+9UQLIQCnPHj5oEhCSDIH9UgEFOECUpuza\/8Ac1Nd7HR52WloXQHaFQwO8MNsAchgAxoQYWe9WeI36XTxrn1Wz9Jz\/MUIwVQkju3S3Xwm3XhosH0HD4mkdQQu22ftirTcXtecxABNjb5EcNyO0G361eiadR8tJbugGCCLwOCnm8+FfRni9\/7f9cKhb6rVqhXZMUJoKAASThCACEgmgEISQNCEIMU0k0AhCEACkhNAShCEAhCAgyeRu9Rv3+SxCcJAILTYmHpvzB9QMsIkAibzv6KdT2cwvLW4hkBoh1oMk2Hi1CpcGbnp7j9VMJ0vuIt5EKFo1bZwvd1A3MHeEGW9SoI6qRjdQb+nLh1UYKUUIQUBEGgBGbRBCAlAKFlv+\/dAvNNoSCYKhLawSQOg9lah879eeg8gq7CwHtm4zNnpIJ36wuo7zAnRrwd13m+g0cQq2NM1XF\/3c8Du6laMc45ep+cTz5hWeAp4Us\/tXuD5OgMQLa5SOKrdv06TXNFJxcMpcSY1JiLAbh6qYi3sq3lanLNxWDlZmxSTKxQMlCSZQAQhCASTSQCEIQJNJNAIQhAk0EoQMlJMhIIGAkmEkAUkwUBBvwrvFuvNvVTTp57un6KBhz4h\/TkrAfl7hRV8+EbGCw1Gvt7hQ1MxmnmPoVDSK68gICAhSgIRKSBppIQZkpIagqBvwh8Q8z6forFp5+vDkq\/BDxTwB9bfJT6c8\/OOm66itM+A\/wBju6HXRRMcfFGlhw3knd1Uk\/TkTpY9LQoOKPiI4WPUAD2SGvDWSsShIqzMiiCgH3TIKBQhBQEAE0gmgSSaSAQhCAQhNAIQhAgmUk0CTSTQJCyeyDB9DPqFigEEpkpAoMqZuOo+qs418vqP6eRVVKvKuFqNBc5jgIJkgxpIk6f1VbZF8S3nhCxY8PQj8vf6qA1WGLbDTOv6jd8lXqYjXkQhEpuH9FKo+\/vgsUwtlKnm\/aAHMhBgQgqTS2e9xDWQ4kwANSu2w\/YimcGXVXCnXa1z5DiRya8G0CBdu9x1tIcAgLI03fukeRWMIJWC1PIdLyPyUxo100O63zP3vUTA778N3VTGcTy1jz0+7KtaTwRMnrOpO\/kPu\/Uqtqulx5km3UqxbblHARpzP3qqlIjbJIlCSsoFtJEADXf15eULUm1yAKRTlJAwhJCBpIQgEIQgE0k0AhCEBKEBBQBTIvf7\/JCQQZsqRIgHXXmIWtNCBITHLikWoHl384Vv2d2i5lenne80yS0tkkHM0t+EmDcgqnKtezL8O3EMdis3di9pjMDbNF8vTkg1Vdq4iowsc8ubALvCCQAReYkXjet+xcE3\/i1mHuiRTDnAhpc85SQd+Vud3ItC9P2dh8C5lXuCabKvhqup5Wh7AHNNMtcPA25uADpdbMJ2ew+VjRThjS4U5AOUlzsx7zNmiY521IsKySeE3VvmvIcXsyrSdlewgjUfn971FcwjcQvoF\/ZHBPDQWBxa1oa7M6YAtofFuu6dVWYv8OMKfhfVZ\/M0t9Wz6pzU9niEjy6q37K7JGJxDaTg8tIk92Wgi4ElzgQ0X4cOK6vbvYvuXfG17dCfCMp3SCb7uFzC6fs5sLuaHgpgZyHGCGVRAs19VjjI+I20zKeUWJ2wexmEwtMZRnqxeo\/WYvAHwjkPmV53+IO2Hd4cOwkNGUuItmNjHQH6L0raePlpaMzX5SQC1wzHKfC0b7xadSF4ztDA1pPeFwJcXRUbBk3Jg6TN1HKfT2VrcS7975x7rGrWLolbn4B43D6a6arW7DuH7Purco4qRgh4Trc\/QfqpQ0O7XnqJS2c2iGRWdUpnMYhstIhvnP5qx\/8Az2FgqMrMFIuLQ9wLP7QAOLYcOBF1ndd2sz2nefuqqvwkngdeYI06\/VV0q52jgslMuzUntJyjI8OuTN+GhVK5WzZZ2U6ksvFJEolBVlAAgJJhAIQhAITISQCEIQCEIQNJNJAJpJoEhBN0IGkmEIGOqSScIEiE4SCAlTsHst9QSx1MmYymo1rv\/YgKFvUzBGQev1\/ooqczusdr7MrUq9R9JlQ0u8dleAXNc3NNy0QQrfF\/iJi6hYWMY1rA2WgOILgQc0zIFoA0gnXVUbajmklriOhInfu1UGjjX05DYgE2ISd\/JqcO8wn4oG3e0TIdIyG0RGh11OttFdbO\/ErCkePOySdWkxylo05LzAbUzfHTafvmCrDZ76bW\/wC1Notf3dRjS14OVpcHEOcAdJbA5g66KbIq9Ip7cFV+ZoDcwEOcHBzrh3gmxbpc6z5nd\/vXQdWpUnl3ePcAMo8IDXO14TBEclz3aDtdTr4SmWxTrOJDQSTkgw5zTodLTxXKPFYUG0mvM94agJEajUOuZmTPNRJanl7vWxDDALc7ZBiA6CCC0weBvO6FvzNdY3jivn+htjaNL4azyOZD\/rJVhh\/xDxrDDwx0aggtP19k4py9K7RUdnNfkrigxzxm8RbTc4Cb5xBFzuO5VOK7F4SrTccMYffIe8zsLhFiSHW00XGYvtrTruBxGFY8CLw1zwAQSAXN+Exx3lWNDt5Qp02MpUi1jHOhkQRmPxN1EiXm51UcJ5qu7Xdk8VSyu7trqLGNGdjpGYmXS0mQS4mIGhAm1qLH1KrcNQo1GFrQ6pUbLXNLswZBk2NriBoRxXcj8SaIE5KjiHA5ahB826gEQDqFTdtu1dLF0mMbScHZg\/M8NBDYcCBlJ1hvkFKHEkoamWn74Jj9f6KRgsgkU0CQhCAQhCAQhCAQhCAQhCAQhCATSTQJCEIBOUBCBJhBSQCfksVkSgeU\/RScC7UdPRRZKk4E+I9PcKKnPlNcPb8vZVdf4j1KtDu6e5Vdih4yoi2mFF4BkgHkrPC7TY2YaW5gA4QC0gEES02MEAi1oVVlRlV5yzWWOxBr1WQZPhY0BrWtaJs1rGgACSfnO9dV2w2LUp0mHOXFpYxo+HKMrrNJJzRA03FcPhauR7XgAlrg6HCWmCDBA1BXQdou19XF0203U2MykOJbmLi4AixcfCL6D5pZeUqqcQ394\/J35qFVmfFMnW1\/VbaeLqDRx87\/AFW5+0HkEEA2iYv9VbhCC4fZTITIQQq8JWtHYDntBZWoEkA5TUDHaaeMAT5qZ2i2HUDmmjSe+mKVIFzAXtL8jS64mLlQwLxzusxVc0+FxbzaSPUKnNaemKdzCDBBBG42PyWKlbQqudULnElxiSTJsANfRRoVlKPvREJpIgSkmgFAQmRZBCSASTKEAhCECQmhAkJoQCEIQCAiUIBCEwEBKdo+v6JQnCDGEFZQsg1TM2jEtPyUjZ9IuqBrbkyALCbHeVuwGzKtYxSpueeQsOp0b5rosJ2Kqhrn1HtaQ0nK3xGwJgmwHDeuifTbs5UvVzm96qsRhnsgOaWmCYjda88L+qrn0C6p4Wl0xYAkm3AK+wFUihVeCQ9hpZTJMNe6HCDaDA3LseyeMz4bM675dpA0OsAarPoYzdTn4W6u7nPb5cDheyuLeJFB4HF0M\/1kK0wv4f4p2rqTeryf9AIXbvxhn4ADxdf62Ch4nGvmC7yabei9HPTx7Rxa6+nOHsAR8WJYOjXH6ws2dgmH\/nGg86Th65leMEgkkg7ufusxRcQcoJNrZXewj1VvTj4V+71HOnsKz\/qh\/wCI\/wD2kew37uJp\/wAzHt+mZX9Rr2\/ECPvlonSDjYSeij0YV+71HM1ewtf9l1F\/+Go0ej8qhYvsli6d3Yd8by0ZxHHMyQF6NhaBaZfM+UDrOvRadp13hlVwywKb3GPCQA0knK72WWsdNpne+XmNK5Eb0P1+9VbdkKVM4umKglgzZgRIjI4C3UhQ6NEVMQGNsH1gBG4PfA+QPovM4\/pl\/N6PPfhS1x4nH+I\/Vai1dztPsHWALqL2VmjcCGv82k\/QlcjisE+m7K9ha4bnAg+u5dW\/p7HPnqzSGWpFbCEoWHprTlgktgakBvCqliYTlKE2tQJCEIGkU0IEhCEAhCEAmhMBBiUSiUwEDaFmAmxqzDCrzKGuFkGKx2TsetiH5KTC47zo1o4udoAu82T2QoURmqxXqcCP7Jp5N\/b6m3JdPT+n5767Mt9WZcRsjs9Xr3YyGfvv8LP8x+LoJXV7N7J4elBqTWdw0YP5dXefyV\/i8ST9OAHIKvqVjrK7MYznxHJvrb1+SfMNyhuUDQABrR03IoYpunhvvJv6iyq6mK3bvJKljmjVs85j6JqWzurmyVanYGELHtLmU+8DQQ3KSYIcPhII+SsOzGzaFCk6mT3rc7ngkOiC1s3yxq2fNUuCxFMukBs7mkvJPnfqr7Dtn4TwEMaI8yT7LivRxjXM7O372954vdltWs14HcN04NjX+IiVV4XZpN3Q2TF2Egeeh8lYVq9NpisTyAIJHUNsOii1NoU8xDWPEWv+V59FpNXjsyuZz3Q8bs1rRMnq1tvKXXUens9x0fljiC0kct08laYVveWzzNoLGm0bmh33Cmv2NWa0hs90ItOsmLgWCn7liPtxzzX1aYDmudwMWjkSDPkrLZOJu0FgBlxI4i0eevor\/YuzoNw4Gbm0fzKLt3ZYJcYEgmDpI+wovUl7JmOGGLoHdx0VH2kxVJuFq04l5Y6TJsdI6X0VrsauLMLtedzB1I3rH8RNlto4U4mnBgsaWkS1+ZwF7xoSVnrUksq+ZzZw817OOy1HPmMtNx87fqtGwG\/29KNzp\/ygu9lYYLEUyyqe5DIaMxYTJBkWBs0pbKpUhUz0qjiQD4XNgibTmFlz4nNxPz\/l0avE1XbMxIf+1D+Ombq6Vrrva8d3WY144PAMdDuVayu4gmJ4yn3pXrR5dV+0exVOpfDvyH9yoSW+T9R5yuS2tsWvQMVqZbuDtWno8WP1Xo1CsVbYaoSCx7Q5p1a4BwI5g6qu+njXlpjq7n5vEixKF6ltr8P6VWXYY90\/+7cSabv8LtWdLjovPdpbKrUHmnWpuY\/gd44g6OHMLk6n0\/HfPeOrHVmlcQsMq3lqwIXNcteWuELIhEKvCWKE4SUAQhCBIQmgYCyASC2MCtIhqhZBqcKRQw7nODWtLnOIDQ0SSToABqVbOLaWsGMXZ9muxFSrFXEZqVLUN0qVByB+BvM+Q3q+7LdkGYcCriAH1hcNMFlHhO57\/QbpN10lavvnz3ldmMTH6uXXVt7Za6TKdFgpUaYa0fst06uOpPM3UDGYgj4j5DT9UYnGmPDYffzKqXuLitZze9Y3iMqtYu3Tu0Wiq2PiaZ4Bb6VfKDlvxP5KPRxTg4med7\/NTzfZHE90d5gxlg8LytLiZiD0\/RWeG2h\/CCdeu+62jazGjw04cdSCWkW3Fvmnrvwt6J8oFFtWIDQOtienFTcJhySZqFtxIbmGbiBBvooOJrPqOLrzEdBwWeHD2wcrbaW08xdZbtXzI6mng6FMfAxzv4nl034ADlqtFWGyARm\/7bQI6xM\/oqGrtio2zXTv03qG3aD9DMTJ+c6FZejV8tPVI6bC0qkh7O8GWZdYnSd86q7w+Pe8ZKb25\/2jUIAjyi8lczgsdTcRTa9990W00mVMxNSnSGZ2Ygm0G0xyUVZcNxr6ZGZ4BmIn31RtTaLKjQ2q8NAPMkk6Hl0XIDtE8NcwNaAdCLEc+a10ts1BcvLjEeIekxcKft1W7i0px3NSoGwAfizulpnLAboRpvO89KHaBqV6ZpmppBGYnLA5+YWbnPqGTUg3iSQIEmJ3LQNLq+serNzyrnfp1LxygtwFWnQqMjMXFp8HiBAOsjlm+a0bDpQ52YEWG64mdx6K7wmDJPhLp\/hmfRbto4SoyO8vqWuB3b\/ZYY6Os7zeZZP3b762dYvay39mswNPPn5LYyvaIHpPzWhjgRcX42UmkA4yfFoIsDAHAdF3c8eXHx8JOGqAyBedxAkee5SqVQtIABBnQ6etwn\/s2GeB3T3Nfbw1P3v4XDjwKnYDD1GvBBIOkG194vv6qt2mZWVKtUYIq0yBudq0rPG0sPiKfd4im17ToeB4tcLtPRXlLF1WEMeA5jtHW+Tgd\/ojF7CoVRLT3bj+7of8TNPkss9Xi\/DS9PmPHO1nYGpQBrYcmtR1NpqMHEgfG3mNN43riHMX0bh8HXoOg+NnH9VyXbT8P2Vw6vhGhlbV1LRtQ78u5r\/Q8tU3nO\/HlOd6z208fZTn5LF1NWeEwjhVcx7S1zQ4Oa4QQQRIIOixxWGhY3p8NvUqiEoW6o1ayFjYu1wmmmq8DBMIQoSyC3UkIWmVaTdfNekfhfhGd3WrZR3jXtY129rS2SBwnjqhC7Pp\/FYdf8LsMV8QG6JUHGnwoQrZ9mVVGKKwpsGQnff6BCFop7oVRxWpu9CERGynYCOaeQeIxcH2CELOtYt9kYdsE5RYSFR1sQ4tu43\/ADKELL3X9kd2i1hCFeK1bjwstbot2CYKhIf4hAPtuQhVXVuMotbnAGjoHS29Rmi\/mkha58MqzDjxTYff6IQlGVA3Wc3SQohWT0UKhaQQbhCFdWLztFSa1zC0AZmgmN5gLXgNo1ZDO8cWm0G442nTyQhUn4Vr+J1jsS\/uXeI2aHDkZ+7K02TUJZcoQsNeG0Ta9VwY4g3C1YR5IvwQhM+CuP8AxBwFLNTrZB3hzsLhqWgNIB4xxXmu0mhCFvvxGXS9\/wBaoq6jlJC49OqEUkIVFn\/\/2Q==\" alt=\"IN-SPACe SIDBI \u20b91000 crore fund\" title=\"IN-SPACe SIDBI \u20b91000 crore fund\"\/><figcaption class=\"wp-element-caption\">IN-SPACe SIDBI \u20b91000 crore fund<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_Is_Important\"><\/span>Why This News Is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bridging_the_Private_Space_Gap\"><\/span>Bridging the Private Space Gap<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">For years, India\u2019s space industry was largely dominated by the state entity Indian Space Research Organisation (ISRO) and affiliated agencies. By launching a \u20b91,000 crore private-space fund, the government is actively encouraging private enterprise to participate \u2014 marking a paradigm shift in India\u2019s space policy.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Catalyst_for_Technology_Economy\"><\/span>Catalyst for Technology &amp; Economy<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This fund is important because it not only supports innovation but also links space technology to downstream applications \u2014 agriculture, climate resilience, communication, defence. For aspirants working in banking, defence, civil services or teaching, understanding such crossover between technology, economy and policy is crucial.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impacts_on_Multiple_Exam_Domains\"><\/span>Impacts on Multiple Exam Domains<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Banking \/ Finance<\/strong>: Understanding venture capital, fund-management, start-up ecosystem.<\/li>\n\n\n\n<li><strong>Civil Services<\/strong>: Policy-making, industry-technology linkage, national capability building.<\/li>\n\n\n\n<li><strong>Defence \/ Railways \/ Infrastructure<\/strong>: In-space services and satellite applications for logistics, surveillance, mapping.<\/li>\n\n\n\n<li><strong>Teaching \/ Academics<\/strong>: Curriculum alignment with emerging sectors, research opportunities.<br>Therefore, this news is cross-cutting and directly relevant for competitive exam syllabi covering economy, science &amp; technology, government schemes and industry.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span>Historical Context<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s journey in the space domain began with the establishment of ISRO in 1969, advancing through satellite launches, missions like Chandrayaan and Mangalyaan, and building solid indigenous capabilities. However, for decades the private sector played only a limited role. In recent years, policy reforms such as opening up of launch services, liberalization of space activities and creation of IN-SPACe have paved the way for private participation. The creation of a dedicated VC fund signals the next phase: commercialisation, scaling and global competitiveness of Indian space start-ups. This aligns with international trends where private firms (e.g., SpaceX, Blue Origin) are shaping the industry. For India, with its ambitious \u201cNewSpace\u201d roadmap, this fund is a landmark step linking government policy, private enterprise and high-technology growth across sectors.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%9CIndias_%E2%82%B91000-Crore_Space_VC_Fund%E2%80%9D\"><\/span>Key Takeaways from \u201cIndia\u2019s \u20b91,000-Crore Space VC Fund\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>S.No<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>The fund size is \u20b91,000 crore, jointly launched by IN-SPACe and SVCL.<\/td><\/tr><tr><td>2<\/td><td>The fund focuses on early-stage and growth capital for space technologies: launch systems, satellites, in-space services, downstream applications.<\/td><\/tr><tr><td>3<\/td><td>Approved by SEBI and Cabinet, with SVCL as Fund Manager (subsidiary of SIDBI).<\/td><\/tr><tr><td>4<\/td><td>Strategic objective: boost India\u2019s private space ecosystem, indigenous capability, economic growth and global positioning.<\/td><\/tr><tr><td>5<\/td><td>The fund has cross-sector relevance \u2014 affecting technology, finance, defence, agriculture and services, making it highly pertinent for competitive exam aspirants.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">IN-SPACe SIDBI \u20b91000 crore fund<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span><strong>FAQs: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_main_objective_of_the_%E2%82%B91000-crore_venture_capital_fund_launched_by_IN-SPACe_and_SIDBI\"><\/span>1. What is the main objective of the \u20b91,000-crore venture capital fund launched by IN-SPACe and SIDBI?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The fund aims to support startups and enterprises engaged in India\u2019s private space sector by providing early-stage and growth capital for innovation, manufacturing, and commercialization of space technologies.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Who_manages_this_%E2%82%B91000-crore_venture_capital_fund\"><\/span>2. Who manages this \u20b91,000-crore venture capital fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The fund is managed by <strong>SIDBI Venture Capital Limited (SVCL)<\/strong>, a wholly-owned subsidiary of the <strong>Small Industries Development Bank of India (SIDBI)<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Which_organization_collaborated_with_SIDBI_to_launch_this_fund\"><\/span>3. Which organization collaborated with SIDBI to launch this fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Indian National Space Promotion and Authorisation Centre (IN-SPACe)<\/strong> collaborated with SIDBI for this initiative.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_What_is_the_role_of_IN-SPACe_in_Indias_space_ecosystem\"><\/span>4. What is the role of IN-SPACe in India\u2019s space ecosystem?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">IN-SPACe acts as a regulatory and promotional body to facilitate private sector participation in India\u2019s space activities, ensuring coordination between ISRO and non-governmental space entities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_How_will_this_fund_impact_Indias_global_space_standing\"><\/span>5. How will this fund impact India\u2019s global space standing?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The fund will strengthen India\u2019s private space ecosystem, reduce dependence on foreign technologies, and enable Indian startups to compete in the global market for satellite, launch, and data-based services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_When_did_the_Union_Cabinet_approve_this_fund_initiative\"><\/span>6. When did the Union Cabinet approve this fund initiative?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Union Cabinet approved the creation of the venture capital fund in <strong>October 2024<\/strong> as part of the government\u2019s plan to promote private investment in high-technology sectors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_What_kind_of_startups_will_benefit_from_this_fund\"><\/span>7. What kind of startups will benefit from this fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Startups working in launch vehicle systems, satellite manufacturing, payload innovation, in-space servicing, and downstream data applications like agriculture and communication will benefit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_How_does_this_initiative_align_with_Indias_NewSpace_policy\"><\/span>8. How does this initiative align with India\u2019s NewSpace policy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It complements the <strong>Indian Space Policy 2023<\/strong>, which emphasizes liberalizing the space sector and boosting private participation in manufacturing, R&amp;D, and services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9_How_can_aspirants_relate_this_news_to_their_exam_syllabus\"><\/span>9. How can aspirants relate this news to their exam syllabus?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This topic is relevant under <strong>Science &amp; Technology<\/strong>, <strong>Indian Economy<\/strong>, <strong>Government Schemes<\/strong>, and <strong>Current Developments in Industry and Innovation<\/strong>\u2014frequent themes in civil services, banking, and defence exams.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_What_is_the_significance_of_SIDBIs_involvement\"><\/span>10. What is the significance of SIDBI\u2019s involvement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">SIDBI\u2019s expertise in managing small and medium-scale enterprises ensures effective fund distribution, accountability, and long-term sustainability of the startups it supports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>IN-SPACe and SIDBI have launched a \u20b91000 crore venture capital fund to strengthen India\u2019s private space ecosystem, supporting startups in launch, satellite, and space services sectors. IN-SPACe &amp; SIDBI Launch \u20b91,000-Crore Venture Capital Fund for Space Start-ups Accelerating India\u2019s Private Space Ecosystem The Indian National Space Promotion and Authorisation Centre (IN-SPACe), in collaboration with SIDBI&#8230;<\/p>\n","protected":false},"author":6,"featured_media":41804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,14],"tags":[30293,248,25470,25468,245,3593,30292,480,30291],"class_list":["post-41766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-banking","tag-economy-and-innovation","tag-government-schemes","tag-in-space","tag-indian-space-policy","tag-science-and-technology","tag-sidbi","tag-space-startups","tag-space-technology","tag-venture-capital-fund"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/41766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=41766"}],"version-history":[{"count":3,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/41766\/revisions"}],"predecessor-version":[{"id":41805,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/41766\/revisions\/41805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/41804"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=41766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=41766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=41766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}