Starburst Accelerator SARL: IIT Madras partners with Starburst Accelerator SARL to establish €100 Million Aerospace and Defence start-up hub

French aerospace firm Starburst Accelerator SARL collaborates with IIT Madras to establish a startup hub in India with a funding support of €100 million. This partnership aims to enhance the Aerospace, Space, and Defence (ASD) ecosystem in India, focusing on market analysis, technology scouting, and international expansion strategies for Indian startups. The initiative will also create venture capital funds for ASD technology and provide export promotion support for Indian startups to explore international markets.

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