Centre’s Spacetech Fund Makes Maiden Investment, Backs Dhruva Space With ₹60 Cr

Summary

IN-SPACe's Antariksh Venture Fund made its maiden investment by backing Dhruva Space with ₹60 Cr.

Why it matters

This is a useful validation point for a capital-intensive category that usually needs policy support, patient capital, and long product cycles.

Founder/operator read

For hard tech founders, the lesson is to align milestones with strategic capital sources and to show progress that de-risks the next tranche.

Original source

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