Startup Ideas: The Center for Development of Telematics (C-DOT), the telecom technology development center of the Government of India, has a fund of over Rs 700 crore for funding startups and the government has not put any limit on the use of funds for innovation. Is. A top official of the institute has given this information.
Startup in India: Startups in India are constantly opening up with new ideas. However, most of the problems faced by startups are related to funding. People have idea but many times they are not able to start due to lack of money. On the other hand, if the startup is started, then there is a lack of funding to take it forward. In such a situation, now the government has funds for startups and this fund is also very big. At the same time, no limit has been set for giving financial assistance to innovation.
Most of the people in the country start their business and startups run. At the same time, there is a lot of need for funding to run any business. At the same time, the Center for Development of Telematics (C-DOT), the Telecom Technology Development Center of the Government of India, has a fund of more than Rs 700 crore for funding startups and the government has not put any limit on the use of funds for innovation. A top official of the institute has given this information.
C-DOT CEO and C-DOT Project Board Chairman Rajkumar Upadhyay said on the sidelines of the regional innovation forum, “Representatives of neighboring countries have shown interest in technology innovation with India on the forum. With this, the expansion of indigenous innovation will be able to cross the border of the country.
Fund of Rs 700 crore
Upadhyay said, “There are various schemes of the government for funding innovation. Some schemes are available through C-DOT and we have a fund of more than Rs 700 crore for startup funding. However, there is no limit to funding the right innovation.” A delegation of communications ministers from Bhutan, Maldives, Nepal, Iran, Sri Lanka and Bangladesh visited the C-DOT campus.