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India's space sector has witnessed a remarkable growth in the number of startups, increasing from just one in 2014 to nearly 200 by 2024. This surge is attributed to government reforms and increased private investment. By the end of 2023, approximately $233 Mn had been raised by these startups across 30+ deals, demonstrating significant investor interest and confidence in the sector. A key player in this domain is Skyroot Aerospace, which launched India's first private rocket, the Vikram-S, in November 2022. This milestone was a result of the government's space sector reforms and the establishment of the Indian National Space Promotion and Authorization Center (IN-SPACe) in June 2020. These initiatives have opened the space sector to private companies, allowing them to utilize ISRO's infrastructure and collaborate with the agency.
Thatmoonemojiguy ๐ย โขย 6m
India Launches โน1,000 Crore Fund for Space Startups๐๐ The Indian government has introduced a โน1,000 crore funding scheme to boost innovation and private participation in the space sector. This initiative aims to support startups developing satelli
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Skyroot Aerospace Achieves ISO 9001 & AS9100D Certification Skyroot Aerospace, India's leading private space company, has officially received ISO 9001 and AS9100D certifications, marking a major milestone in quality and global compliance. While ISO
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๐ฎ๐ณ| India's defence production. -India's indigenous defence production rose to 1.27 lakh crore as per the data received all from the DPSU, PSU and private sector. -A growth of 16.7% has been observed when compared to last year. -The total value
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๐ Indiaโs Space Startups: Taking on the World! ๐โจ Indiaโs private space sector is soaring, challenging global giants! Hereโs a power ranking of top startups by funding & innovation: ๐ฅ 1. Skyroot Aerospace โ Funding $99.8M โ 1st Indian private ro
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๐ฅ BJP Government Commits โน1,000 Crore to Space Startup Fund ๐ฅ The government declared the allocation of โน1,000 crore for a venture fund dedicated to space startups, underscoring its significant focus on the development of the space sector BJP Go
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Hey guys, I believe the next big change for the humankind is in space and there is a vast opportunity in space exploration as well. I would like to know more about the current space industries in India. Especially like Skyroot Aerospace, Pixxel, Agni
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