ACT Grants eyeing Rs 500 crore for a second act
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ACT Grants hopes its grants for companies creating an impact will act as seed capital and catalyse further investments in education, healthcare, environment and gender diversity over the next decade.
Bengaluru:ACT Grants is ready for its second act.
The volunteer-led initiative by 34 Indian entrepreneurs and 44 venture capital funds, set up to provide Rs 100 crore in monetary grants for ideas and companies that combat the Covid-19 pandemic, is looking to put together a Rs 500-crore corpus to fund solutions to problems in education, healthcare, environment and gender diversity over the next decade.