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LatestStartup And Fundraising 5 November 2026

Gujarat Launches ₹10 Cr Growth Fund for Tech Startups

The Gujarat government has introduced a ₹10 crore growth fund aimed at scaling technology startups that have reached Technology Readiness Level 5 or higher, providing them with up to ₹2 crore in equity‑linked convertible funding for pilot manufacturing, technology demonstrations, and market expansion.

Gujarat's new ₹10 crore growth fund targets tech startups at TRL‑5 and above.

  • Funding: Up to ₹2 crore per startup via equity‑linked convertible instruments.
  • Purpose: Supports pilot‑scale manufacturing, tech demos, and market entry.
  • Eligibility: Companies in Gujarat with proven technology readiness.

Read the full report on the Times of India.

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