Disbursement of Rs 1,000 cr venture fund for space sector likely to begin in Q1 FY26: Pawan Goenka

IN-SPACe plans to make the first disbursal from the Rs 1000 crore venture capital fund to support space technology startups in the next financial year's first quarter. A fund manager will be selected through a SEBI process. The initiative aims to support approximately 40 startups and accelerate the private space industry's growth.