Startup India: Prime Minister Modi offers $1.5b fund, tax breaks, simpler regulations for startups

Narendra Modi, Prime Minister of India,. REUTERS/Mike Segar

The Indian government organized its biggest-ever conference for entrepreneurs in New Delhi that began in the morning. However, the big announcements came several hours later, when Prime Minister Narendra Modi began his speech. And he did not disappoint startup founders and venture investors, by announcing policies that fulfilled their long-standing wishes.

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