Seven MoUs signed between companies for a boost in startup-creation in India-US space

San Jose, Sep 28 (ANI): Prime Minister Narendra Modi on Monday attended the India-US Start-up Konnect 2015 in San Jose city of California where a total of seven MoUs were signed to kick off boost in startup-creation in India-US space. PM Modi witnessed the exchange of the MoUs in the presence of 40 different companies. The prime minister also released the logo of Bharat Fund IIM innovation and entrepreneurship program which will provide seed funding to Indian entrepreneurs. This is expected to bring India back to the 'golden bird' period. While addressing the India-US Start-up Konnect, LinkedIn Founder Reid Hoffman maintained that entrepreneurship is key to how new technology is developed. PM Modi earlier took tour of the stalls at the exhibition which is showcasing products from 40 different companies.