India has announced a new $1.15 billion Fund of Funds for startups with an “expanded scope” compared to previous initiatives, along with extending tax benefits for startups. The country unveiled sweeping regulatory reforms adhering to these guidelines, aiming to support and boost the startup ecosystem in India. The move is expected to provide a significant financial boost and favorable conditions for startups in the country.
Full Article
SpaceX’s next Starship just blew up on its test stand in South Texas
SpaceX's Starship rocket exploded during a ground test at its South Texas facility late Wednesday, marking another setback for a program that has faced three recent failures. The explosion, which occurred shortly after 11:00 PM local time, destroyed the upper stage intended for the next test flight and was felt by residents up to 30 miles away. Need More Context? 🔎
Read more