The Startup India Seed Fund Scheme will be evaluated by a third party, according to the Department for Promotion of Industry and Internal Trade (DPIIT).
The change will be made in order to better understand and quantify the scheme’s impact on the ground. Shruti Singh, joint secretary, stated that the department was conducting a third-party assessment to determine the impact on the ground. She added that authorities have received ‘good’ feedback from incubators and startups participating in the scheme so far. On January 16, National Startup Day, the MAARG portal will go live. In the last two years, 656 startups have been incubated through the Startup India seed fund scheme.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
The Startup India Seed Fund Scheme will be evaluated by a third party, according to the Department for Promotion of Industry and Internal Trade (DPIIT).
The change will be made in order to better understand and quantify the scheme’s impact on the ground. Shruti Singh, joint secretary, stated that the department was conducting a third-party assessment to determine the impact on the ground. She added that authorities have received ‘good’ feedback from incubators and startups participating in the scheme so far. On January 16, National Startup Day, the MAARG portal will go live. In the last two years, 656 startups have been incubated through the Startup India seed fund scheme.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
