This initiative aligns with Haryana’s budget plan to set up a dedicated venture capital fund that promotes entrepreneurship, helps youth start businesses, offers financial support, and builds market connections.
SIDBI Venture Capital Limited (SVCL) invested $4 million to the latest fundraising round for Myelin Foundry, a deep tech AI business. Subh Labh, Pratithi Investment Trust, and Endiya Partners are among the other investors.
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![[Funding News] Myelin Foundry Secures $4 Mn Led by SIDBI Venture Capital](https://img-cdn.publive.online/fit-in/580x348/filters:format(webp)/viestories/media/post_attachments/wp-content/uploads/2024/05/Myelin-Foundry-Secures-4-Mn-Led-by-SIDBI-Venture-Capital.webp)