Researchers at the Indian Institute of Technology-Madras (IIT-M) Centre for Research on Start-ups and Risk Financing have developed an intelligence platform on government funding schemes for start-ups.
The platform has been developed and implemented in association with Ynos, a start-up incubated at the institute. The platform has been developed based on research and data collected by a team led by A. Thillai Rajan, a faculty in the Department of Management Studies and a principal investigator of CREST, an Institute of Eminence Research Centre of IIT-M.
Amitabh Kant, India’s G20 sherpa, who launched the platform on Wednesday said the platform offered comprehensive information on government funding for start-ups on more than 100 schemes of various ministries and departments. Nearly 10,000 start-ups had benefited so far. The startups undergo rigorous verification and diligence, he said.
