IIT Bombay incubator to scale startup support, launch Rs 100 Cr VC fund

Quick Summary:

The VC fund will target deep tech startups in key sectors such as biotech, space, defence, and sustainability.

Several of these startups have grown into industry-leading companies,” said Santosh J.

Society for Innovation & Entrepreneurship (SINE), IIT Bombay’s technology business incubator, is set to expand its reach to 1,000 startups over the next 10 years, a big leap from the 245 it has nurtured over the past 20 years.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: IndiaCuba

Topics: Bombay Startups Innovation Sine Privacy Space Policy Entrepreneurship Fund Incubator Sectors

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 10:00:26 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23762924

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 31 posts per day

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