Under this programme, seed funds of up to Rs 40 lakh would be given for the selected start-ups, along with a six month mentorship
The startups will be able to utilise Microsoft technology, including Azure, GitHub, and M365, allowing them to quickly build and run their businesses
About six months ago, Zetwerk raised $120 million in series D, led by US-based GreenOaks Capital and Lightspeed Venture partners.
The Minister said that the government would scale up the network of incubators and accelerators to phenomenal levels in the next three years
Lenders have disbursed loans worth Rs 9.5 lakh crore to micro, small and medium enterprises in 2020-21.
Over the past three years start-ups have created an increasing number of jobs in the country
Over the past three years start-ups have created an increasing number of jobs in the country
In 2021, 18 companies have got unicorn status till now. BrowserStack, which is currently valued at $4 billion, leads the list in terms of valuation
Nium’s valuation breached the $1-billion mark after fresh funds of $200 million were pumped into the company in a round led by Riverwood Capital
There were in total 382 VC deals amounting to $12.1 billion in the first six months of 2021, compared to 764 deals worth $11.1 billion in 2020