Karnataka govt has outshone VC players in funding startups: Minister
Although the ‘funding winter’ has slowed down venture capital activities, Karnataka has emerged as the first State in India to provide grant-in-aid to startups without taking equity in return, according to Priyank Kharge, Minister for Information Technology and Biotechnology, Rural Development and Panchayat Raj. The State Government offered funding of around ₹200 crore to support 874 … Read more