The fund will be offered to the institutes to extend support and help them avail further financial assistance (between Rs 2.5 lakh to Rs 10 lakh) to refine their innovation.
It is a great time to build a company in India now, thinks Rajan Anandan; he also predicts a dozen start-ups getting to the robustness of a HUL by the end of the decade.
Dan Siroker took to Twitter to clarify the matter, stating that he had raised over $200 million in his career and learned a lot about what works and what doesn t.
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