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Karnataka govt proposes to set up $2.5M angel fund

Tuesday, July 16, 2013 | More »

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The Karnataka government has proposed to set up an angel fund worth Rs 15 crore ($2.5 million) to encourage new early-stage ventures operating across various verticals within the state. Presenting the state budget for the financial year 2013-14, new chief minister K. Siddaramaiah said the government...