SIDBI Venture Capital Limited | Space VC fund
◆ Fund Size
$1B
◆ Check Size
◆ Location
India
◆ Activity
Statusactively investing
◆ Links
◆ Share this fund
◆ Investment Thesis
Support space startups, accelerate private industry’s growth, drive advancements in space technology, and support ‘Atmanirbhar Bharat’ (Self-reliant India).
◆ About SIDBI Venture Capital Limited
SIDBI Venture Capital Limited (SVCL) manages the Antariksh Venture Capital Fund, India's largest dedicated spacetech fund with a target size of Rs 1,600 crore (approximately $190 million USD), focusing on early and growth-stage Indian spacetech companies. The fund invests in areas such as launch systems, satellites, payloads, in-space operations, ground systems, earth observation, communications, and downstream applications, targeting companies with Technology Readiness Level (TRL) 4 and above. It primarily deploys capital via equity, convertible instruments, and other permissible structures in unlisted private companies to support scaling, commercialization, and alignment with India's Space Vision 2047.
◆ Sectors
◆ Stages
◆ Geography Focus
◆ Team
| Name | Title | Role | Links |
|---|---|---|---|
| Archana Hingorani | Partner | — | |
| Bala Deshpande | Partner | — | |
| Debashis Ghosh | Partner | — | |
| Mahendra Lodha | Partner | — | |
| Ranganathan Varadarajan Dilip Kumar | Partner | — |
◆ Tracked Investments
◆ Notable Investments
◆ Traits
Leads rounds
Co-invests
◆ FAQ
What does Space VC fund invest in?
Space VC fund invests in Space Tech at the growth and seed stages.
Which geographies does Space VC fund focus on?
Space VC fund focuses on India, and is headquartered in India.
What is Space VC fund's typical check size?
Space VC fund typically writes checks of $3M to $7.2M.
Which startups has Space VC fund backed?
Space VC fund has 1 tracked investment on Fusion42, including IndigoTex.