Private Equity Fund News
MeitY to match LetsVenture's investment in SAMRIDH accelerator programme
Source INC42 (opens in a new tab)
The Ministry of Electronics and Information Technology (MeitY) and angel deal syndication platform LetsVenture will partner under the government's SAMRIDH startup accelerator programme to invest USD 100,000 in startups across deeptech, gamingtech, fintech, and software-as-a-Service (SaaS) sectors.
Launched in August 2021, the SAMRIDH (Startup Accelerators of MeitY for Product Innovation, Development and Growth) initiative will see the government match the investments made by the private accelerator.