Technology
Semicon 2.0: Govt to match VC funding in chip design, pick equity – Crypto News
An enabler state
“Under the new scheme, equity in exchange of funding will ensure accountability of outcomes for a startup. This move will allow free market dynamics to play out, with VCs evaluating ideas for their quality, and the government sharing a part of the total risk capital,” said Ankush Wadhera, managing director and partner, and India lead for semiconductors practice at Boston Consulting Group (BCG).
