India approves a $1.1B state&backed VC fund to finance high&risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016 (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch: India approves a $1.1B state-backed VC fund to finance high-risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016  —  India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors …

India approves a $1.1B state&backed VC fund to finance high&risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016 (Jagmeet Singh/TechCrunch)
Jagmeet Singh / TechCrunch: India approves a $1.1B state-backed VC fund to finance high-risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016  —  India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors …