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Startup India Seed Fund announced

  • IASbaba
  • January 18, 2021
  • 0
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Startup India Seed Fund announced

Part of: GS Prelims and GS-III – Start-ups; innovation

In news

  • Indian Prime Minister announced launching of Startup India seed fund with 1,000 crore rupees so that there is no shortage of seed money for startups.
  • This was announced during the ‘Prarambh: Startup India International Summit’.
  • This will help in starting and growing new startups.
  • Fund of funds scheme is already helping startups raising equity capital.
  • The Government will also help the startups in raising capital through guarantees.

Related articles:

  • Prarambh: Startup India International Summit’: Click here

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