The Indian Angel Network (IAN) Alpha Fund is an early-stage investment fund that provides financial support, typically between $1-5 million, to startups to help them scale and achieve their business goals. While it invests across various sectors, it actively participates in the space industry, demonstrated by its investment in companies like Dhruva Space, a full-stack space-tech company focused on manufacturing spacecraft and providing launch services. The IAN Alpha Fund's investments aim to support the growth and innovation of companies in the space sector.
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