India covid-19 pandemic innovations Government India

₹100 crore to boost firms targeting the virus

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The covid-19 outbreak has got Indian startups supporting each other’s business. India’s startup community has initiated a collective effort to help firms survive the coronavirus pandemic and build resilient businesses with a ₹100 crore programme under an Action Covid-19 Team (ACT).

The ₹100 crore grant is aimed at seeding more than 50 initiatives to help innovators who are working on solutions to overcome covid-19 in India. “As members of the startup ecosystem, not only are we feeling the massive impact of covid-19 in our industry, but are also conscious of our collective responsibility in helping fight the long-term effects this global pandemic will have on our society....

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