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Start-ups 2019: Why the Modi govt is being cautious in funding enterprises

Just five of the 30 AIFs got more than a third of the money under Start-up India and, in turn, invested in only 20 of the total 163 start-ups funded till date

Topics
Startup India  |  Start-ups  |  Modi Government

Sai Manish  |  New Delhi 



Start-ups 2019: Why the Modi govt is being cautious in funding enterprises

Consider this. Since 2016, when was launched till 2018, new ventures in India raised over $15 billion in funding from investors. The had the launched the scheme with a $1.5 billion corpus (or Rs 100 billion), which would be used to fund in India. This corpus was to be paid to Alternate Investment Funds (AIFs), which in turn fund various in the country.

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First Published: Mon, December 31 2018. 15:23 IST

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