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2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

With which country did India sets up $150-million worth of Venture Capital to boost Start-up Ecosystem?

A	UK
B	UAE
C	USA
D	China

Explanation:

Detailed explanation-1: -Notes: India Pavilion at EXPO2020 Dubai launched the USD 150-million fund India-UAE venture capital fund in the UAE. It is the first such fund to be set up in the UAE. The fund aims to invest and nurture promising startups through an accelerator to fuel the growth of India-UAE start-ups.

Detailed explanation-2: -HCL Founder and Chairman of Startup Committee FICCI, Dr Ajai Chowdhry has launched an India-UAE VC Fund of $150 million with the aim to accelerate the growth of startups in both countries. The fund will source, invest, and nurture promising startups through an accelerator to fuel the growth of India-UAE startups.

Detailed explanation-3: -In July 1990, the ‘Gujrat Industrial Investment Corporation Limited’ (GIIC) launched a venture capital finance scheme through a newly registered sub- sidiary, with the help of Capital Trust Fund worth Rs.

There is 1 question to complete.