Maharashtra govt readies new fintech fund for direct startup bets

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Credit: 123RF.com

Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology (fintech) startups, a senior official told VCCircle. The Rs 100-crore fund will be part of the Rs 250 crore corpus the state government plans to deploy in the startup ecosystem encompassing ......

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