{"id":96150,"date":"2026-04-02T12:39:02","date_gmt":"2026-04-02T07:09:02","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=96150"},"modified":"2026-04-02T12:39:02","modified_gmt":"2026-04-02T07:09:02","slug":"antariksh-venture-capital-fund","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/antariksh-venture-capital-fund\/","title":{"rendered":"Antariksh Venture Capital Fund"},"content":{"rendered":"<h2><b>Antariksh Venture Capital Fund Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Union Minister said that India\u2019s dedicated Antariksh venture capital fund for the space sector has progressed steadily, with investment in selected startups expected to begin from the first quarter of FY2027.<\/span><\/p>\n<h2><b>About Antariksh Venture Capital Fund<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a close ended fund registered with the Securities and Exchange Board of India (SEBI) as a Category II <\/span><b>Alternative Investment Fund<\/b><span style=\"font-weight: 400;\"> (AIF).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a SEBI registered <\/span><b>Alternative Investment Fund.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Key Investor:<\/b> <b>Indian National Space Promotion and Authorization Centre<\/b><span style=\"font-weight: 400;\"> (IN-SPACe), Department of Space, Government of India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Fund <\/span><b>is sponsored by SIDBI Venture Capital Limited<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The Fund\u2019s investment objective:<\/b><span style=\"font-weight: 400;\">\u00a0 To provide <\/span><b>much-needed capital<\/b><span style=\"font-weight: 400;\"> to <\/span><b>companies in the space secto<\/b><span style=\"font-weight: 400;\">r at various stages of development as well as support the scaling of operations and the commercialization of new technologies, empowering the companies to contribute to India\u2019s broader space ambitions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is looking to invest exclusively in Indian companies operating in the <\/span><b>Space sector with Technology Readiness Level (TRL) <\/b><span style=\"font-weight: 400;\">of <\/span><b>4 and above.<\/b><\/li>\n<\/ul>\n<h3><b>Key Facts about Indian National Space Promotion and Authorization Centre<\/b><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\">It is a <\/span><b>single-window, independent, nodal agency<\/b><span style=\"font-weight: 400;\"> that functions as an autonomous agency in the Department of Space (DOS).\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It is formed following the Space sector reforms to enable and facilitate the participation of private players.<\/span><\/li>\n<li aria-level=\"1\"><b>Functions<\/b><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It is responsible to promote, enable, authorize and supervise various space activities of <\/span><b>non-governmental entities (<\/b><span style=\"font-weight: 400;\">NGEs) including <\/span><b>building launch vehicles &amp; satellites<\/b><span style=\"font-weight: 400;\"> and providing space-based services; sharing space infrastructure and premises under the control of DOS\/ISRO; and establishing of new space infrastructure and facilities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The agency acts as an <\/span><b>interface between ISRO and NGEs<\/b><span style=\"font-weight: 400;\"> and assesses how to utilize India\u2019s space resources better and increase space-based activities.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Three Directorates viz., Promotion Directorate (PD), Technical Directorate (TD) and Program Management and Authorization Directorate (PMAD) are carrying out the functions of IN-SPACe.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2247865&amp;reg=3&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Antariksh Venture  Capital Fund is a close ended fund registered with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund (AIF). Read more about Antariksh Venture Capital Fund, Objective, Latest News.<\/p>\n","protected":false},"author":24,"featured_media":96185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[6545],"class_list":{"0":"post-96150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-antariksh-venture-capital-fund","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/96150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=96150"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/96150\/revisions"}],"predecessor-version":[{"id":96203,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/96150\/revisions\/96203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/96185"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=96150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=96150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=96150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}