DPIIT to conduct third-party assessment of Startup India Seed Fund Scheme

  • The Department for Promotion of Industry and Internal Trade (DPIIT) will undertake a third-party assessment of the Startup India Seed Fund Scheme.
  • The scheme was launched in 2021, with a budget of Rs 945 crore.
  • The scheme aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization.