Dhruva Space has secured its maiden round of funding of ₹60 crore from the Antariksh Venture Capital Fund (AVCF), according to multiple reports. Business Line and Times of India describe the investment as ₹60 crore, received by the Indian space company from the space-technology venture capital fund. The Hindu adds that this is the first company to receive funding from the dedicated space-tech fund, which is anchored by IN-SPACe and managed by SIDBI Venture Capital. The reports characterize the funding as an early-stage support measure for Dhruva Space, marking its first external investment tied to the newly established space-focused fund structure. While details on specific use of funds, timing of disbursement, and deal terms beyond the amount are not provided in the excerpts, the coverage broadly agrees on the key elements: the investor (AVCF), the investment size (₹60 crore), and Dhruva Space being the first beneficiary of that dedicated fund anchored by IN-SPACe and managed by SIDBI Venture Capital.