SIDBI Venture Capital Limited (SVCL) to deploy ₹1,005 crore Antariksh Venture Capital Fund for Indian space startups from FY2027

Exam-focused facts from the 4 April 2026 current affairs briefing.

Key facts

The Antariksh Venture Capital Fund, managed by SIDBI Venture Capital Limited (SVCL), will begin investing in Indian space startups from the first quarter of FY2027.
The fund has a committed corpus of ₹1,005 crore aimed at boosting private sector innovation in India’s space economy.
SVCL received Securities and Exchange Board of India (SEBI) registration for the fund on 31 October 2025.
The fund completed its initial closing on 10 November 2025 after appointing a custodian and registering with depositories for issuing alternative investment fund units.
Union Minister Jitendra Singh announced that the first round of funding approvals is expected soon.