Startup news and updates: daily roundup (March 13, 2021)

Ratan Tata hopes everyone can be immunised soon as he takes the COVID-19 vaccine

Industrialist Ratan Tata on Saturday tweeted that he has been administered his first COVID-19 shot, and that it was effortless and painless. "Very thankful to have gotten my first vaccination shot today. It was effortless and painless. I truly hope everyone can be immunised and protected soon," Tata wrote on the microblogging social media platform.

ISRO's NewSpace India Ltd to invest Rs 10,000 Cr in 5 years

Indian Space Research Organisationcommercial arm NewSpace India Limited (NSIL) on Friday said it was looking at investing approximately Rs 10,000 crore over the next five years and a manpower requirement of 300 people as it plans to scale up operations. NSIL, incorporated as a wholly government owned Central Public Sector Enterprise (CPSE) with a paid-up capital of Rs 10 crore on March 6, 2019, would raise Rs 2,000 crore a year through a mix of equity and debt, Chairman and Managing Director G Narayanan told reporters here.