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.
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 uptick comes in response to the growing interest in opportunities offered by low-earth orbit, as well as space tourism.