January 17, 2021
Start-ups found opportunity in adversity during the pandemic and catered to diverse needs
Prime Minister Narendra Modi has said that India will launch a ‘Startup India Seed Fund’ with a ₹1,000-crore corpus to help start-ups get seed money for starting their ventures and help them grow.
In the future, the government will also help start-ups raise debt capital through guarantees, the PM said speaking at the ‘Prarambh: Start-up India International Summit’ on Saturday.
The two-day summit, marking the fifth anniversary of the Start-up India initiative, brought together innovators, entrepreneurs, investors, regulators, industry leaders, and academicians from India and across the world including BIMSTEC countries.