Synopsis
The Delhi government unveiled its draft Startup Policy 2025, anchored by a Rs 200 crore venture capital fund to back 5,000 startups over the next decade.
To nurture the next generation of entrepreneurs, the Rekha Gupta government has released a draft of the Delhi Startup Policy 2025 – anchored by a Rs 200 crore venture capital fund, Industries Minister Manjinder Singh Sirsa said on Tuesday.
“This policy marks a paradigm shift in how we approach innovation and entrepreneurship in Delhi, cementing the capital’s status as a global innovation hub by 2035,” said Sirsa.
He said that apart from being a policy document, the policy will make Delhi the most preferred destination for startups globally.
“This initiative perfectly complements Prime Minister Narendra Modi’s vision of making India a startup superpower and Viksit Bharat,” he said.
Source: www.economictimes.indiatimes.com