Start-ups raised $1.7 billion in Q1 of 2015, says Telecom Minister

04-Dec-2015 #Digital India Source: DNA India

Speaking at the Digital India Conclave, Telecom Minister Ravi Shankar Prasad stated that because of government’s viable policy framework to support innovation, Indian start-ups have raised $1.7 billion in the first quarter of this year which was 300 per cent more than the amount raised in the first quarter of 2014. He added that government has tackled a lack of coherent policy framework for developing friendly environment to support innovation.

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