India: West Bengal launches $30m VC fund for startups, Telangana to open incubator

Credit: Flickr/epSos.de

West Bengal has kept a Rs 200 crore ($30.2 million) budget for venture capital (VC) fund for young entrepreneur in the state, Amita Mitra, state Finance and Industry Minister said, The Economic Times reported. And newly-formed Telangana is also moving to take first steps in that direction by supporting startups in the renewable energy space.

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