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Karnataka launches Elevate programme to help start-ups scale operations

State to help 100 start-ups in raising funds, besides providing legal support & mentorship

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Alnoor PeermohamedRaghu Krishnan Bengaluru

The Karnataka government says it is looking to reach and aid at least 1,000 start-ups from smaller cities and towns over the next two months. 

This is part of its 'Elevate' programme, to identify 100 of the most innovative start-ups across sectors in the state.

The government is partnering with the Deshpande Foundation and The Indus Entrepreneurs in this regard. Once identified, these start-ups will get funds from the state or through venture capitalists (VCs) or angel investors.

“We’re trying to identify the top 100 innovative companies and see how we can help them. Whether in the form of