Start-ups to soon start getting capital from Uttar Pradesh Startup Fund
The Uttar Pradesh Startup Fund is fast gaining traction and will soon start disbursing growth capital to the state-based entities. The fund has garnered interests from the country's leading alternative investment funds, including venture funds, a government spokesman said here on Friday
The spokesman added that SIDBI, the designated fund manager for the fund, has so far received four applications from AIFs for an aggregate amount of Rs 285 crore to create the initial corpus