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…
Tag: Anil Joshi
VCs seed the best of funds for start-ups
Mumbai: Are fears of a slump in startup investments overplayed? That seems to be the case as funding commitment – from investors to venture capital funds has octupled to Rs 9,469 crore between October 2015 and September 2016 vis-a-vis Rs 984.81 crore in the corresponding months of the previ…
Rs 10,000 cr start-up fund to be force multiplier | Experts
The Rs 10,000-crore fund announced in the Startup India policy by Prime Minister Narendra Modi is expected to be the force multiplier that may boost investments many times into this segment, industry experts believe, even as the government plans to liberalise the regulatory environment for entrep…