REUTERS/Amit Dave Acquire Licensing RightsBENGALURU, Aug 24 (Reuters Breakingviews) - Nearly seven million people watched India’s space program make history on Wednesday.
The Indian Space Research Organisation (ISRO) became the first to land near the moon’s unexplored south pole.
Peak XV Partners, formerly Sequoia India and Southeast Asia, in June led a $10 million investment in Digantara, which maps space debris.
At $74 million, the bill for India’s moon mission was less than the cost of producing 2013 Hollywood space thriller "Gravity".
New Delhi is finalising new foreign direct investment rules, and that will likely turbocharge India’s space startups.
Persons:
Amit Dave, Elon Musk, Singapore’s GIC, Pranav Kiran, Coinbase’s, Una Galani, Streisand Neto
Organizations:
REUTERS, Rights, Reuters, Indian Space Research Organisation, ISRO, SpaceX, XV Partners, Sequoia, Skyroot Aerospace, Hollywood, Twitter, Thomson
Locations:
Gujarat Science City, Ahmedabad, India, Sequoia India, Southeast Asia, Digantara, New Delhi