Antariksh Venture Capital Fund
A SEBI-registered AIF with a ₹1,005 crore first close, investing equity into unlisted Indian space companies.
What you get
Target corpus around ₹1,600 crore; first close ₹1,005 crore; ticket varies by company
Nodal ministry
Department of Space
Support type
Equity
Best suited for
Growth / Scaling
Typical timeline
Standard venture diligence cycle
What this scheme actually is
Antariksh VCF is the dedicated venture fund for Indian space technology, with IN-SPACe as the key investor. It received SEBI registration in October 2025 and invests through privately negotiated equity and convertible instruments in unlisted Indian space companies at Technology Readiness Level 4 and above — meaning you need a validated technology, not a concept.
Implementing agency: IN-SPACe / SIDBI Venture Capital
What the scheme sets out to do
Who can apply
What you get
How to apply, step by step
- 1
Establish your TRL honestly
TRL 4 means technology validated in a lab environment. Claiming a TRL you cannot evidence is caught immediately in a space-sector diligence.
- 2
Apply through SIDBI Venture Capital
Interested companies apply on the Antariksh Venture Capital Fund page and application form.
- 3
Prepare for space-specific diligence
IN-SPACe authorisations, ITAR and export-control exposure, launch or ground-segment dependencies, and long revenue cycles all get examined.
- 4
Close and file
Definitive documents, then PAS-3, valuation report and register updates on the Indian side.
What we actually do on a Space VCF mandate
Services this usually needs
No consultant can guarantee a sanction — that decision sits with the evaluating committee, bank or incubator. We commit to an honest eligibility view, an application built to the evaluator’s format, filing inside the window and a documented follow-up cadence. That is stated in every engagement letter we sign.