Indian industry body proposes $3.3b state VC fund for start-ups
The Startup Association of India (SAI) has called on the government to bolster an existing state-backed venture capital fund and commit INR250 billion ($3.3 billion) to local companies.
SAI, a non-profit organization that claims to connect start-ups to investors and policymakers, wrote a letter to Piyush Goyal (center), India’s minister of commerce, requesting the creation of a fund...
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