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Tata Trusts to invest in socially relevant start-ups

Tata Trusts to invest in socially relevant start-ups

Friday, March 10, 2017, 12:22 PM

Moving from just aiding NGO's to funding 'socially relevant' startups, Tata Trusts in association with Department of Science and Technology and Lockheed Martin, would invest around $20 million, over a period of 10 years in new companies. The partners intend to invest $2 million annually through the India Innovation Growth Programme 2.0, including provisions for seed money, for the entrepreneurs to develop technology-based solutions.
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