The 'Maharashtra Innovation and Technological Development Fund’ will focus on women entrepreneurs leading deeptech startups, and socially relevant startups, Manisha Verma said
The state government is also planning to launch a seed fund for startups
It already has a slew of investment vehicles, in collaboration with finance players, to make equity investments in startups
The Maharashtra government will set up an INR 200 Cr women-focussed fund to invest in early-stage deeptech startups, Manisha Verma, IAS, principal secretary of Maharashtra State Innovation Society said today.
While addressing the Mumbai India Unicorn Summit 2022, Verma said that the ‘Maharashtra Innovation and Technological Development Fund’ will primarily focus on women entrepreneurs leading deeptech and socially relevant startups.