India has launched a $119 million fund aimed at boosting its fast-growing space startup ecosystem. Approved by the Indian government, this initiative targets emerging space technology companies, aiming to accelerate India's leadership in the global space market. The fund will be managed by the Indian Space Research Organisation (ISRO), focusing on startups working on innovative technologies like satellite launches, space-based communication, and remote sensing. With over 100 space startups in India, this funding is expected to drive job creation, economic growth, and elevate India's position in space research and development.