## ₹1,000 crore venture fund for space startups under IN-SPACe

`signal/inspace-vc-fund-2024` · World signal · From Campus Binge's data, as of 2024-10 · community view

About 40 space startups are expected to get backing, so private space firms, not just ISRO, will hire engineers and scientists.

| Fact | Value | Trust |
|---|---|---|
| When | 2024-10 | community view |
| Where | india | community view |
| Direction | tailwind | community view |
| Weight | a nudge | community view |
| Sectors | Space, Startups | community view |

Sources:
1. [Business Today](https://www.businesstoday.in/amp/india/story/union-cabinet-approves-setting-up-of-rs-1000-crore-venture-capital-fund-for-space-sector-startups-451387-2024-10-24)