263 startups funded with a total of Rs 60 crore by Karnataka govt

The Karnataka government has allocated Rs 60 crore to fund 263 startups as part of its efforts to boost innovation and entrepreneurship in the state. This initiative aims to support early-stage companies in diverse sectors, enhancing their growth and contributing to the state's economic development. The funding will be distributed to startups that demonstrate potential for significant impact and scalability. The move is expected to foster a vibrant startup ecosystem, creating job opportunities and driving technological advancements. The initiative aligns with the state's broader objectives of promoting economic diversification and technological progress.