Fund News
UIDAI plans fund to back Aadhaar-focused Tech startups
The Unique Identification Authority of India (UIDAI) is exploring the establishment of a fund to support seed-stage startups developing innovative solutions around Aadhaar, and its associated use cases. The fund is planned as a direct investment vehicle, focusing on seed capital investments.The UIDAI intends to partner with innovative fintech companies by creating a sandbox environment for them to test their solutions. The corpus of the fund and its timelines have not yet been finalized.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
