IN-SPACe Seeds Urban and Disaster Space Startups

IN-SPACe launches a Seed Fund scheme for space-tech startups in urban development and disaster management.

Startups can get up to Rs 1 crore, mentoring, and training to develop prototypes using space technology.

The scheme targets urban planning, infrastructure, telecommunication, climate monitoring, and more.

GIS, early warning systems, insurance, and space-borne sensors are potential areas for disaster management startups.

India's space sector, valued at $9.6 billion in 2020, aims for $13 billion by 2025, eyeing a 10% share in the global space market by 2030.