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Home›Funds›IN-SPACe Seed Fund Scheme
Government GrantActively deploying

IN-SPACe Seed Fund Scheme

IN-SPACe Seed Fund provides milestone-based grants to early-stage Indian space startups and MSEs to develop and demonstrate innovative space technologies.

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Ticket size$120K
StagesPre-Seed
Sectors2 focus areas
01 — Snapshot

At a glance

Key signals founders use to decide if this investor is worth a conversation.

Ticket size
$120K
Stages
Pre-Seed
Sectors
2 focus areas
Themes
8 mapped
02 — Focus

Where they invest

Stages and sectors this investor typically backs.

Sector focus

SaaS / EnterpriseDeep Tech
Sector guides →

Lead / invest stages

Pre-Seed
Stage guides →
03 — Thesis

Investment thesis

Themes this investor is mapped to across the VC Dekho directory.

IN-SPACe Seed Fund provides milestone-based grants to early-stage Indian space startups and MSEs to develop and demonstrate innovative space technologies.

Early-stage buildersFounder-led / operator capitalIndia-first / BharatDeep science / hard techPre-seed / day-zeroAccelerator / studio-linkedSaaS / B2B softwareMicro-VC / small cheque
All themes →
04 — Activity

Recent activity

Checks and mentions picked up from India startup news.

13 Jul 2026Centre’s Spacetech Fund Makes Maiden Investment, Backs Dhruva Space With ₹60 Cr
05 — Story

About IN-SPACe Seed Fund Scheme

Background and context for founders evaluating this investor.

The IN-SPACe Seed Fund Scheme is the Indian National Space Promotion and Authorization Centre’s early-stage grant programme for space startups and micro/small enterprises. Selected applicants can receive a grant of up to ₹1 crore, released on a milestone basis in three or more instalments as recommended by an Experts Committee; the first instalment may be up to about 40% of the approved commitment. Funds are meant to advance innovative space technologies within a defined utilisation window. Founders should treat this as sector-specific government grant capital—confirm live calls, matching investment expectations, and guidelines on inspace.gov.in before applying.

Selected applicants can receive a grant of up to ₹1 crore, released on a milestone basis in three or more instalments as recommended by an Experts Committee; the first instalment may be up to about 40% of the approved commitment.

Notes

Ticket researched: grant up to ₹1 Crore per selected startup/MSE on milestone basis in 3+ instalments; first instalment may be up to 40% of approved commitment (IN-SPACe Seed Fund Scheme guidelines). Matching own investment typically required.

Investment criteria

Indian space startups / MSEs with innovative space-tech proposals; expert committee evaluates quantum and milestones.

Data confidence: Verified – primary source

06 — Nearby

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07 — Explore

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Pre-Seed
SaaS / EnterpriseDeep Tech
Early-stage buildersFounder-led / operator capitalIndia-first / BharatDeep science / hard techPre-seed / day-zeroAccelerator / studio-linkedSaaS / B2B softwareMicro-VC / small cheque
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