Temasek-backed edtech startup upGrad is in talks with global private equity and venture capital investors to raise $400 million at a valuation of $4 billion, according to sources close to the development. This would mean almost a five-fold jump in the valuation of the Mumbai-based startup from the last fund-raise round earlier this year. Read more..
10 Best Govt Schemes To Support Startups In India That Every Entrepreneur Should Know
The government has already launched the I-MADE programme to assist Indian entrepreneurs in creating 10 lakh (1 million) mobile app start-ups, as well as the MUDRA Bank's scheme (Pradhan Mantri Mudra Yojana) to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds. This program has been allotted an initial capital of 20,000 ...