Kapil Khandelwal, managing partner of Toro Finserve said that SEBI has allowed the private equity firm to increase the size of its fund from $500 million to $900 million
GINSERV to nurture 18 health & medtech startups with new accelerator programme
GINSERV to nurture 18 health & medtech startups with new accelerator programme
18 February 2021 | News The accelerator programme has been designed with the support of National Science Technology Entrepreneurship Development Board (NSTEDB) and Department of Science and Technology (DST)
Source: PR Newswire
India s technology business incubator GINSERV launched Gincelerator 2.0 with 18 start-ups. Inaugurating the midlevel health tech, MedTech and edtech start-ups’ take-off stage programme, Meena Nagaraj, Director, Department of Electronics, IT & BT and Managing Director, KITS said, Karnataka government s policies are aimed at giving access to deep technology. Karnataka makes it happen and that is why seven unicorns were born during difficult period of COVID-19 pandemic.”
Bengaluru (Karnataka), February 17 (ANI/PRNewswire): India s technology business incubator GINSERV launched Gincelerator 2.0 with 18 startups. Inaugurating the midlevel health tech, MedTech and edtech Startups take-off stage programme, Director of Department of Electronics, IT & BT and Managing Director of KITS Meena Nagaraj said, Karnataka government s policies are aimed at giving access to deep technology. Karnataka makes it happen and that is why 7 unicorns were born during a difficult period of COVID-19 pandemic. (A unicorn is a term used in venture capital industry to describe a privately held Startup company with a value of over USD 1 billion) Karnataka is the first state to formulate engineering research and development policy, and this is because of our innovative ways of making policies to encourage innovation. Bangalore is number-one tech city with 8.5 per cent growth while the international average is 6.2 per cent, Meena Nagaraj explained.