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Cabinet approves ₹10,000 crore fund for startups to mobilise venture capital, support deep-tech entities
Image source: thehindu.com

GK and monthly revision

Cabinet approves ₹10,000 crore fund for startups to mobilise venture capital, support deep-tech entities

The Indian government has approved a ₹10,000 crore fund to support startups, particularly those working on deep-tech innovations and in the early growth stage. This move aims to mobilize venture capital and foster the growth of technology-driven startups across various sectors. This is a significant development for aspiring entrepreneurs and will be highly relevant for competitive exams testing candidates' knowledge of government policies and initiatives supporting the startup ecosystem in India.

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