India, Feb. 2 -- TP

Mumbai (Maharashtra) [India], February 2: TiE (The Indus Entrepreneurs) Mumbai has welcomed the Union Budget, describing it as a forward-looking and confidence-building roadmap for India's startup and innovation ecosystem. The Budget underscores the government's intent to accelerate innovation-led growth, strengthen early-stage capital availability, and bridge the critical scale-up funding gap for startups and SMEs.

Commenting on the Budget, Dr. Apoorva Ranjan Sharma, President, TiE Mumbai said, "The Union Budget sends a strong and reassuring signal to India's startup ecosystem, particularly for innovation-led and deep-tech ventures. The Rs.10,000 crore allocation to SIDBI, the Rs.2,000 crore commitment towards Resea...