Tag: START-UP FUND

Govt planning to overhaul Rs 10k cr start-up fund

The department of industrial policy and promotion (DIPP) is set to overhaul its Rs10,000 crore start-up funding scheme by allowing venture capital (VC) funds to invest half of the corpus in start-ups and the rest of it in firms at a more mature stage to reduce capital risk. The VC funds that mana…