The government is finalizing a new deep tech startup policy, revealed Rajesh Kumar Singh, DPIIT secretary. The focus is on supporting startups and encouraging government departments to collaborate with them for procurement. Govt may also look at creating a dedicated fund for deep tech startups. “… a fund of funds again since govt wants to do it in an arm’s length manner… which is why we created the concept of AIFs and fund of funds,” Singh said.
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