Technocrats including T V Mohandas Pai, Rajiv Mody as well as Patni scions Amit and Arihant Patni have joined hands to form a Rs 125-crore fund, Ideaspring Capital, to back product startups in the country.
Country's largest private sector lender ICICI Bank today said it is open to investing in startups in the financial technology space even though it has not earmarked a dedicated corpus for the investments.
As part of its steps to support budding entrepreneurs, the PM Narendra Modi government on April 21 will launch a new service, Twitter Seva, to address various queries of startups in India in a timebound manner.
State-run oil and gas companies are planning to create a venture capital fund to encourage startup funding to develop new business models and infuse innovation into India's hydrocarbons sector, Petroleum Minister Dharmendra P
In its package for start-ups unveiled on January 16, the government had announced an array of initiatives for start-ups, including a Rs 10,000-crore fund of funds, ease of closing companies, patents and exemption from income
India's future as a technology powerhouse and its plans to connect India's 600,000 villages to the Internet through the PM Narendra Modi boosted Digital India programme were the focus of a roundtable of top American and India