Business1 hour ago
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Karnataka Leads with 64% of Central Govt's Electronics Fund
Karnataka tops the list as the largest beneficiary of the central government's Electronics Development Fund, securing Rs 854.5 crore. The fund invested over Rs 1,335 crore in 128 companies, with significant contributions to technology startups in Telangana, Maharashtra, and Delhi. Managed by Canbank Venture Capital Fund, this initiative is now entering its divestment phase, highlighting the growing tech landscape in India.
⚖️ AI Verdict
"Karnataka is cashing in on tech investments like a pro!"
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File ID: #296382Original Source: Times Of India ↗
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