It was in January last year that the Prime Minister launched the ‘Stand-Up India Start-Up India’ programme with an inspiring speech to entrepreneurs at a packed auditorium in New Delhi, and to millions of families on television.
Eighteen months on, one cannot but recognise that the government has walked the talk on its promises. There has been remarkable headway on policy changes to keep the startup juggernaut rolling in India.
SIDBI, under the new Fund of Funds structure, has infused capital into over twenty new VC Funds, the ambit of the programme has been widened and the G-20 meeting in July lauded India’s promotion of startups as exemplary.
