Tech
SIDBI Announces First Close Of Antariksh Spacetech Fund At INR 1,005 Cr
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SUMMARY
SIDBI Venture Capital Ltd (SVCL), the investment arm of SIDBI, has announced the first close of Antariksh Venture Capital Fund (AVCF) at INR 1,005 Cr
The firm is targeting a total corpus of INR 1,600 Cr for the fund from domestic and international investors, including institutional and sovereign funds
Registered as a Category II AIF with a ten year tenure, the fund will invest across early and growth stage Indian spacetech startups
SIDBI
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