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Indian space sector

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9 Stories Indexed
Last Updated: Just Now
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Startups & Venture Capital 10 Oct 2026, 02:30 AM IST

Why Public Capital Alone Cannot Save Indiaโ€™s Deeptech Startups

Indiaโ€™s deeptech founders are increasingly confronting a hard truth: grants and public capital can fund experiments, but they rarely de-risk a business. In sectors such as defence, space and railways, a procurement commitment from a real customer can do more to unlock a Series B round than an equivalent grant, because it validates revenue, not just science.

By RDU Global Wire5 min read
National Governance & PolicyJust now (06:45 AM IST)

Artix 5.0: A New Era for Emerging Artists in New Delhi

The Artix 5.0 hotel art fair opens its doors in New Delhi, showcasing 21 rooms filled with innovative works from emerging artists alongside the legacy of veteran KG Subramanyan. This year's edition emphasizes the fusion of tradition and modernity in the Indian art scene.

3 min readRead โ†’
Startups & Venture Capital3h ago

IIT Madras-backed Unicorn India Ventures raises Rs 450 crore in first close, targets Rs 1,000 crore deep-tech fund by December

IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.

6 min readRead โ†’
Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead โ†’
National Governance & Policy10h ago

True North Fund III-A Settlement Order Signals Regulatory Scrutiny in India's Private Markets

India's markets regulator has issued a settlement order in the matter of True North Fund III-A, marking another enforcement action in the country's closely watched private equity and alternative investment space. The order underscores the growing emphasis on compliance, disclosure and procedural discipline as regulators tighten oversight of fund structures and market conduct.

5 min readRead โ†’
National Governance & Policy34m ago

Actis Consolidates 11 India Road Assets Into $1 Billion Trust as Investor Appetite for Toll Roads Deepens

Actis has merged 11 Indian road assets from its Long Life Infrastructure Fund 1 and 2 into the NXT-Infra Trust, a move that underscores the growing institutional appetite for operating toll roads in India. Following the fundraising, Actis' stake in the trust has fallen to 71% from 86%, with domestic investors taking the balance, as the firm positions the vehicle for future acquisitions.

5 min readRead โ†’
Startups & Venture Capital3h ago

GalaxEye Secures Rs 63.84 Crore RDI Backing to Advance Indigenous Multisensor Satellite Tech

Bengaluru-based spacetech startup GalaxEye has won Rs 63.84 crore in financial support under the Centre's Research, Development and Innovation Fund to build its next-generation multisensor satellite platform. The project, backed by the Technology Development Board, aims to push the company's indigenous OptoSAR technology from prototype stage to an operational system capable of sub-0.5-metre Earth observation imaging.

5 min readRead โ†’
Startups & Venture Capital3h ago

Astrobase Bets on Propulsion to Power India's Next Wave of Reusable Rockets

Bengaluru startup Astrobase Technologies has emerged as one of the first beneficiaries of IN-SPACe's Rs 500 crore Technology Adoption Fund, a milestone that underscores India's growing private-space ambitions. Founded by IIT Bombay classmates Neeraj Khandelwal and Devakumar Thammisetty, the company is building an indigenous propulsion stack anchored by its full-flow staged combustion engine Everest, with an eye on reusable launch systems and a much larger national launch capacity.

5 min readRead โ†’

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