Turnaround year for Indian startups? High time when Indian startups should be given a space to thrive and an environment to grow when a sharp decline in funding is seen to $8.8 in 2023 from $24b in 2022. A step abolish Angel tax, Rs 1,000 crore venture capital fund for investments into the space economy along with Anusandhan National Research Fund and a financing pool of Rs 1 lakh crore to spur private sector-driven research and innovation is a game-changer. #startups #startupsuccess #investments #2024budget #Hugewin #Investors #VC #venturecapital #innovation #angeltax #angeltaxabolishment
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#startups | #venturecapital : Silicon Valley #investor General Catalyst has acquired Indian early stage fund Venture Highway . The Venture Highway brand will cease to exist hereon, and the entity will become General Catalyst India . General Catalyst will invest up to $1bn in India from its global fund. #startup #investments #startupfunding #India
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India's space development market has witnessed a significant rise in the number of startups, driven by technological advancements, favorable regulations, and increased investments. These startups are shaping an evolving ecosystem within India's space sector, emphasizing innovation and collaboration. - Skyroot Aerospace: Established in 2018, Skyroot is dedicated to creating launch vehicles tailored for small satellites. - Agnikul Cosmos: Founded in 2017, Agnikul focuses on developing launch vehicles for small satellites. - Satellize: Specializing in small satellite technology, Satellize offers satellite-based data services for various sectors like agriculture, disaster management, and urban planning. - Bellatrix Aerospace: Since 2015, Bellatrix has been working on propulsion systems for space applications, particularly engines for small satellite launch vehicles. - Pixxel: Pixxel is in the process of building a network of Earth observation satellites to deliver high-resolution imaging and data analytics services. Their mission includes monitoring environmental changes and supporting agriculture, urban planning, and disaster response. - Kava Space: Kava is committed to providing satellite connectivity solutions and advancing technologies to enhance global communication networks, including IoT services. - Dhruva Space: Established in 2012, Dhruva Space specializes in satellite systems, offering end-to-end satellite solutions and satellite payload development. - Galaxeye: Galaxeye focuses on developing satellite technologies for Earth observation and analytics. A partial list of initiatives and programs by GOI: The nation's focus on enhancing its space programs underscores self-sufficiency, global partnerships, and leveraging space tech for socio-economic advancement, ushering in a new chapter in its space exploration narrative. Key Highlights: - Budget Boost: The financial year 2023-24 witnessed a significant allocation of approximately ₹13,479 crores (equivalent to $1.75 billion) for ISRO, earmarked for diverse space missions. - Gaganyaan Mission: India's pioneering manned space mission, Gaganyaan, is set to propel Indian astronauts into space, with ambitious plans including a mission to Venus. - Space Applications: Satellite applications are revolutionizing sectors like agriculture, disaster management, and urban planning, driving initiatives like the National Space Policy. - Satellite Advancements: ISRO is expanding its satellite portfolio with communication satellites, earth observation satellites, and navigation systems GISAT and NavIC (Navigation with Indian Constellation). - Collaborative Endeavors: ISRO is actively seeking partnerships with private enterprises, startups, and global space agencies. Indian National Space Promotion and Authorization Center (IN-SPACe) and the Indian Space Science Data Center (ISSDC) are paving the way for increased private-sector involvement in space activities. #SpaceExploration #ISRO #SpaceTechnology
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore Venture Capital Fund dedicated to supporting startups in India's growing space sector. The fund aims to accelerate innovation, retain domestic talent, and boost India's global competitiveness in space technology. The approved Rs 1,000 crore fund will be deployed over a five-year period, with an average annual allocation ranging between Rs 150 and 250 crore. The fund is expected to support approximately 40 startups, with individual investments ranging from Rs 10 crore to Rs 60 crore. Read the full story here: 👇 https://lnkd.in/dtSeZD5v #space #startup #entrepreneurs #venturecapital #investors #indianstartupnews
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The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore Venture Capital Fund dedicated to supporting startups in India's growing space sector. The fund aims to accelerate innovation, retain domestic talent, and boost India's global competitiveness in space technology. The approved Rs 1,000 crore fund will be deployed over a five-year period, with an average annual allocation ranging between Rs 150 and 250 crore. The fund is expected to support approximately 40 startups, with individual investments ranging from Rs 10 crore to Rs 60 crore. Read the full story here: 👇 https://lnkd.in/dtSeZD5v #space #startup #entrepreneurs #venturecapital #investors #indianstartupnews
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Startup ecosystem is going through VC Funding ups and downs. Can startups borrow from retail non-HNI investors? Can we find such options online in India? What is the preferred ticket size for investment? What is the minimum net worth of investor required? What is the minimum timeframe to hold before exit? #startups #indianstartups #finance #VCFunding #ecosystem #startupecosystem #seedfunding #exitoptions #investors #HNI #ticketsize #india
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This is great to see massive investment getting pushed in next Gen Tech and sectors ! Having good control of space and space tech will give lot of push to economy and overall susitanable development ! Expansion in space will drive massive push to data processing , quantum computing and AI. #nextgen ,#spacetourism, #spaceinnovation, #Indiagrowthstory
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore Venture Capital Fund dedicated to supporting startups in India's growing space sector. The fund aims to accelerate innovation, retain domestic talent, and boost India's global competitiveness in space technology. The approved Rs 1,000 crore fund will be deployed over a five-year period, with an average annual allocation ranging between Rs 150 and 250 crore. The fund is expected to support approximately 40 startups, with individual investments ranging from Rs 10 crore to Rs 60 crore. Read the full story here: 👇 https://lnkd.in/dtSeZD5v #space #startup #entrepreneurs #venturecapital #investors #indianstartupnews
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#NewsUpdate Sayan Ghosh, a seasoned investor, has launched a new INR 300 crore venture capital fund, Ortella Global Capital - OG Capital, India's only fund that co-builds companies. This fund aims to invest in over 20 early and growth-stage Indian startups, focusing on consumer and enterprise sectors. With a unique co-building approach, Ortella Global Capital - OG Capital, India's only fund that co-builds companies provides both financial support and on-ground execution to help startups scale. Read the story: https://ow.ly/oEPL50U9J9G #VentureCapital #StartupIndia #InvestmentNews #IndianStartups #Entrepreneurship #CapitalFunding #GrowthStage #ConsumerTech #EnterpriseSolutions #StartupFunding
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#News | Anthill Ventures plans to launch a $100 million hybrid fund targeting Indian startups amidst China's economic slowdown. Founder Prasad Vanga aims to finance startups in consumer experiences, wellness, and entertainment sectors. The portfolio, focusing on technology startups and consumer brands, will offer debt financing with conversion options. India's booming private credit market attracts global investors seeking higher returns, providing opportunities for startups struggling with traditional bank financing. #RealtyNXT #AnthillVentures #China #TechnologyStartup #EconomicSlowdown #Investors #Financing #Startups #IndianStartups #HybridFund #Funding
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Exciting news from First Cheque! Their commitment to backing 15-20 early-stage startups over the next 18 months highlights their dedication to nurturing India's startup ecosystem. With up to $500,000 per ‘first cheque,’ these investments will provide the foundation for innovative ideas to thrive. Looking forward to seeing the impact of this new cohort! #VentureCapital #StartupEcosystem #FirstCheque"
First Cheque, an early-stage venture capital firm, has set its sights on investing in 15 to 20 startups over the next 18 months as part of its third investment cohort. The firm, operating under the umbrella of India Quotient Venture Capital since 2018, primarily focuses on pre-seed investments. The average size of the initial investments, or “first cheque,” will be up to $500,000 per startup. Read the full story here: 👇 https://lnkd.in/dQ_vhKKQ #funding #investment #investors #venturecapital #entrepreneurs #startup #indianstartupnews
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Singapore-based angel investment network ThinKuvate has announced the launch of its first India-focused Fund – ThinKuvate India Fund – I, with a total corpus of Rs 100 crore. The India Fund will look to invest in tech startups across sectors with an initial amount of up to Rs 3 crore. ThinKuvate aims to invest in 12 – 15 startups every year through this Fund. Read the full story here: 👇 https://lnkd.in/dVW3j8Hr #singapore #investment #investors #startups #bengaluru #India #venturecapital #founders #entrepreneurs #indianstartupnews
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First Cheque, an early-stage venture capital firm, has set its sights on investing in 15 to 20 startups over the next 18 months as part of its third investment cohort. The firm, operating under the umbrella of India Quotient Venture Capital since 2018, primarily focuses on pre-seed investments. The average size of the initial investments, or “first cheque,” will be up to $500,000 per startup. Read the full story here: 👇 https://lnkd.in/dQ_vhKKQ #funding #investment #investors #venturecapital #entrepreneurs #startup #indianstartupnews
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