SanchiConnect, KickSky join hands to back early spacetech startups
The space industry has been gaining significant traction in recent years, with governments and private companies investing heavily in the development of space technology. India, in particular, has been at the forefront of this movement, with the government setting ambitious targets for the growth of the space economy. To support this growth, SanchiConnect has partnered with KickSky Space Lab and Riceberg Ventures to empower early-stage spacetech startups.
KickSky, a space technology accelerator, has been working with startups to help them move beyond the proof-of-concept stage and access global markets. With the support of Riceberg and E2MC Ventures, KickSky will now scale its reach, providing a wider range of resources and opportunities to early-stage spacetech startups.
According to a recent report by the Indian Space Research Organisation (ISRO), the space economy in India is expected to grow to $13.7 billion by 2025. This growth is driven by the increasing demand for satellite-based services, such as remote sensing, navigation, and communication. However, the growth of the space economy is not limited to government initiatives alone. Private companies, such as SanchiConnect, KickSky, and Riceberg, are playing a crucial role in supporting the growth of the industry by providing funding, mentorship, and access to markets.
SanchiConnect, a leading startup accelerator, has been working with entrepreneurs to help them build successful businesses. The company has a strong track record of supporting startups in various industries, including fintech, healthcare, and edtech. With the partnership with KickSky, SanchiConnect will now focus on supporting early-stage spacetech startups.
“We are excited to partner with KickSky and Riceberg to support the growth of the spacetech industry in India,” said a spokesperson for SanchiConnect. “Our goal is to help entrepreneurs build successful businesses that can make a meaningful impact in the industry.”
KickSky Space Lab, on the other hand, is a space technology accelerator that provides funding, mentorship, and access to markets to early-stage spacetech startups. The accelerator has a strong focus on supporting startups that are working on innovative space technologies, such as satellite-based services, space tourism, and space exploration.
“We are thrilled to partner with SanchiConnect and Riceberg to support the growth of the spacetech industry in India,” said a spokesperson for KickSky. “Our goal is to help entrepreneurs build successful businesses that can make a meaningful impact in the industry.”
Riceberg Ventures, a leading venture capital firm, has been investing in early-stage startups in various industries, including fintech, healthcare, and edtech. With the partnership with KickSky, Riceberg will now focus on supporting early-stage spacetech startups.
“We believe that the spacetech industry has tremendous potential for growth and we are excited to partner with KickSky and SanchiConnect to support the growth of the industry,” said a spokesperson for Riceberg. “Our goal is to help entrepreneurs build successful businesses that can make a meaningful impact in the industry.”
The partnership between SanchiConnect, KickSky, and Riceberg is expected to have a significant impact on the growth of the spacetech industry in India. The partnership will provide early-stage spacetech startups with access to funding, mentorship, and access to markets, enabling them to build successful businesses.
In addition to the partnership, the Indian government has also been taking steps to support the growth of the spacetech industry. The government has launched several initiatives, including the Startup India program, which provides funding and mentorship to early-stage startups.
“The government’s initiatives, such as the Startup India program, have been instrumental in supporting the growth of the spacetech industry in India,” said a spokesperson for the Indian government. “We believe that partnerships between private companies and government agencies are essential for the growth of the industry.”
The partnership between SanchiConnect, KickSky, and Riceberg is a significant step forward in the growth of the spacetech industry in India. The partnership will provide early-stage spacetech startups with access to funding, mentorship, and access to markets, enabling them to build successful businesses. With the support of private companies and government agencies, the spacetech industry in India is expected to continue to grow and make a meaningful impact in the global space economy.
News Source: https://startuptalky.com/news/sanchiconnect-kicksky-partnership-spacetech/
