TAG: Startup
MCA’s Byju’s investigation likely to focus on use of SPV funds: Official
The Ministry of Corporate Affairs is likely to investigate the flow and use of funds in a Special Purpose Vehicle (SPV) called Byju’s Alpha, the US unit of the embattled Indian edtech startup Byju's. The move comes as the company is facing legal action fr...
3 months ago
Cabinet approves Rs 1,000-crore VC fund for space startups
The cabinet on October 24 gave its nod to a Rs 1,000-crore venture capital (VC) fund to fuel the growth of space startups by providing crucial early-stage funds."The deployment period of the proposed Rs 1,000 crore VC fund is planned to be up to five year...
2 weeks ago