Antariksh Venture Capital Fund (AVCF)

What it is

Provide equity capital to Indian space-sector companies at different stages of development and support technology development, commercialization and operational scale-up.

What you get

• Negotiated AVCF equity or permitted instrument investment - ticket varies

Who it is for

• the applicant must be an Indian company operating in the space sector
• the fund-manager page states a Technology Readiness Level of 4 or above as a key investment criterion
• the company must satisfy the fund's investment strategy, due-diligence, valuation, governance and exit requirements
• the investment is negotiated with the fund and is subject to the Private Placement Memorandum, fund documents and applicable SEBI AIF regulations
• the applicant must use the fund manager's current application/contact route and provide the requested diligence information

Not eligible if

• AVCF is not a universal grant, subsidy, loan or guaranteed government payment
• the committed corpus is not an amount available to an individual company
• the TRL 4+ criterion does not by itself guarantee selection or a ticket size
• fund-level investment restrictions, portfolio construction, valuation, governance, dilution, exit and other terms require the current fund documents and negotiated diligence
• a Startup India Playbook entry or PIB status release does not replace the fund manager's current application and investment process
• the fund manager may require a company to be unlisted and may apply additional sector, financial, legal and commercial conditions

How to apply

1. 1
   Verify the current AVCF route and fund availability

   Check the official SIDBI Venture Capital page and confirm that the current application/contact route and fund documents are operative before treating AVCF as actionable.

   Official step
2. 2
   Confirm the company and space-sector criteria

   Check that you are an unlisted Indian company working in the core space sector with technology at TRL 4 or higher, and keep the evidence ready.

   Official step
3. 3
   Prepare the investment and diligence dossier

   Assemble the technology, TRL, market, financial, ownership, IP, regulatory, governance, customer and commercialisation evidence requested by the fund manager.

   Official step
4. 4
   Submit through the fund manager and track diligence

   Use the SIDBI Venture Capital contact/application route, retain all submitted materials, and track screening, diligence, committee decisions, negotiated terms and definitive investment documents.

   Official step

Keep ready