Easy availability of exit options is critical for healthy venture environment. India Inc raised a record Rs 25,000 crore from market in FY 2006-07 and thats a good news.
New Design Institutes may boost Design Centric Startups
Ministry of commerce is considering a new action plan under National Design Policy to make India a specialized innovation hub for sectors such as automobile and transportation, jewellery, leather, soft goods, electronics and IT hardware products, toys and games.
The plan also calls for four additional National Institutes of Design (NID). These centers would provide new design venture incubation and financing support through mechanisms such as venture funding apart from market development assistance for design oriented startups.
SBI Foray into Private Equity and Venture Cap
One of the biggest names in Indian Banking Industry is set to enter private equity and venture cap space with a fund size of about $1 Billion. My guess is that it is going to be more of private equity and less of venture cap, nonetheless, a sign of vibrant future for Indian venture industry.
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