CURRENT AFFAIRS

Detailed explanation-1: -Facebook is planning to invest in technology start-ups. The minority investment in a company called Meesho, its first investment globally.

Detailed explanation-2: -Venture capitalists Venture capitalists are one of the most important sources of funding for technology startups. They are typically professional investors that invest in high-growth companies in exchange for equity.

Detailed explanation-3: -The IT giant-Microsoft has partnered with Invest India to support tech startups in the country. The programme will work closely with Accelerating Growth of New India’s Innovations.