India Sets Up $1B Innovation Fund
The Indian government has outlined a plan to set up Rs.5,000 crore (nearly $1 billion) fund to facilitate innovation and entrepreneurship, top official said Thursday. The government would initially contribute $20 million (Rs.100 crore) to the India Inclusive Innovation Fund. The remaining amount would come from scheduled banks, insurance companies, financial institutions, corporates, high net […]
Indian government backs Startup Villiage
KOCHI: Startup Village, a technology business incubator formed through a public-private partnership to promote technology startups, will rope in investments of Rs 100 crore and nurture 1,000 startups in the next ten years