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.