Safety net in works to widen local funding pool for startups
ETtech.com -

The government is preparing a framework to help minimise the risk for local pension funds and insurance companies from investment in the startup sector, which has become a major employment generator and contributor to the economy but where business failures are fairly common, officials aware of the matter said.“This is a part of the government’s broader intention to enhance the proportion of domestic capital invested into Indian startups,” one of the officials said.Indian pension funds and...

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