Piyush Goyal unveils Rs 10,000 crore fund to boost deep-tech startups with focus on seed funding.

Commerce and Industry Minister Piyush Goyal has revealed plans for a substantial portion of the Rs 10,000 crore second fund of funds for startups to be dedicated to

Commerce and Industry Minister Piyush Goyal has revealed plans for a substantial portion of the Rs 10,000 crore second fund of funds for startups to be dedicated to supporting seed funding for smaller players in order to foster deep-tech innovation. The administration of this fund, which includes a Rs 2,000 crore allocation for the year, will be managed by Sidbi, a government financial institution.