The Department of Science and Technology (DST) has recommended a grant of Rs 5 crore for the Sona Incubation Foundation (SIF) project, with a 20 per cent contribution by the Sona College of Technology, the SIF said on Sunday.
The Indian tech startup ecosystem received $1.6 billion in total funding in the first quarter this year (till March 15), becoming the fourth-highest nation globally in terms of funding raised during this period
The MoU aims at enhancing the startup ecosystem in India by granting them access to a diverse range of resources through YES Bank’s curated startup-focused program - YES Head-Startup.
Singapore-based fashion-tech startup Zilingo asked Bose - who co-founded Sequoia Capital-backed Zilingo as a 23-year-old in 2015 -- to stay out of office till May 5, accusing her of inflating revenues.
