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Department of Space

PARLIAMENT QUESTION: SPACE VENTURE CAPITAL FUND

MainsGS3GS2Science & TechnologyGovernanceEconomy
Source-grounded summary

The Antariksh Venture Capital Fund (AVCF), a SEBI‑registered Category II Alternative Investment Fund, became operational after SEBI approval on 31‑Oct‑2025. As of 24‑Jul‑2026, IN‑SPACe has contributed a total of ₹188.93 crore, including ₹182.87 crore in FY 2026‑27. The Fund’s Investment Committee has selected three space‑tech start‑ups for equity investment, aiming to support technology development, commercialization and scaling of operations in line with its stated investment objective and strategy. No quantified estimate of the fund’s impact on India’s space economy is currently available; impact will be assessed over time based on portfolio performance.

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