The Government of Rajasthan has given out funding to over 30 early-stage startups being incubated under its flagship iStart Rajasthan programme to foster the startup ecosystem in the space. The amounts range from Rs 1.2 lakh to Rs 20 lakh as part of various financial incentives under the programme, including a sustenance allowance, seed funding, marketing assistance, as well as the Techno Fund.
The funds were given out after participating startups were invited to pitch before a panel of experts including various stakeholders in the ecosystem, as well as members of academia, the government and investors.