AI heads to Bharat on back of government’s GENESIS scheme

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The government, under its Gen-Next Support for Innovative Startups (GENESIS) scheme, will aid 1,600 technology startups to discover, nurture and grow in tier 2 and 3 towns. The government has set aside Rs 490 crore to spend on the ambitious programme over the next five years.

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It has also supported 458 AI startups, including in tier-2 locations, through 24 Centre of Excellences (COEs) at Software Technology Park of India (STPI)

Screenshot 2025-04-11 103415ETtech

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AI heads to Bharat on back of government’s GENESIS scheme


The government, under its Gen-Next Support for Innovative Startups (GENESIS) scheme, will aid 1,600 technology startups to discover, nurture and grow in tier 2 and 3 towns. The government has set aside Rs 490 crore to spend on the ambitious programme over the next five years.

ScreenshotETtech

It has also supported 458 AI startups, including in tier-2 locations, through 24 Centre of Excellences (COEs) at Software Technology Park of India (STPI)

Screenshot 2025-04-11 103415ETtech

Discover the stories of your interest



Source link

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.

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