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PM Modi has introduced Rs 1,000 crore seed fund for startups.
Prime Minister Narendra Modi on Saturday introduced Rs 1,000 crore seed fund for startups.
What is seed funding?
Seed funding is the cash {that a} enterprise enterprise, enterprise, or startup elevate. It can also be referred to as the primary official fairness funding stage. It is the primary official funding for a brand new enterprise that helps it to arrange and begin its operations.
In different phrases, seed funding is a really early funding to assist the enterprise until the time it begins producing its personal money circulate, or till it’s prepared for additional investments.
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