India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors, doubling down on its effort to finance high-risk areas ...
India is attracting record global capital, but there's a catch. While gross FDI has accelerated to a staggering $90.8 billion, net inflows have evaporated to just $0.5 billion—a near all-time low.
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