/PRNewswire/ MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & Information Technology, GoI, and Meta, on 14 Sept 2022, announced the.
The Ministry of Electronics and IT's (MeitY's) Startup Hub Tuesday signed an agreement with social media giant Meta to launch an accelerator program to offer grants to startups building services for the metaversea digital world which is a combination of virtual reality (VR) and mixed reality (MR) accessed through a browser or headset. The program
The program by MeitY-Meta will support 40 early-stage start-ups working in XR technologies with a grant of Rs 20 lakhs each. Further, the Grand Challenge will encourage early-stage innovators in sectors like education, learning and skills, healthcare, gaming and entertainment, agri-tech and climate action, and tourism and sustainability.