Venture capital firms, including IDFC Parampara, are among the investors ploughing unprecedented quantities of funding into the Indian space industry. Still, Indian firms are free to use ISRO’s rockets or overseas launch services such as Elon Musk’s SpaceX or New Zealand and Los Angeles-based Rocket Lab to send satellites to space. Beneficiaries of the funding include firms such as Kawa Space and Bellatrix Aerospace, which number among around 24 such Indian start-ups developing satellites, rockets and related support systems. The government has also announced a new programme to provide free access for students from all over India to study in foreign universities.
Venture capital firms, including IDFC Parampara, are among the investors ploughing unprecedented quantities of funding into the Indian space industry. Beneficiaries of the funding include firms such as Kawa Space and Bellatrix Aerospace, which number among around 24 such Indian start-ups developing satellites, rockets and related support systems. The government has also announced a new programme to provide free access for students from all over India to study in foreign universities.