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Category: Health News
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Category: Health News
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India has unveiled a Rs 100 billion ($1.6 billion) fund to support startups, as part of its Budget 2014 that was just presented (spotted by Tech in Asia). The Budget highlights state that the fund will primarily be used to provide “equity through venture capital funds, quasi-equity, soft loans and other risk capital specially to encourage new startups by youth to be set up.” Details are still murky at this point in time though, and it isn’t clear how the government will disburse the fund. The news comes as the tech startup scene in India is starting to heat up. Bangalore…
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