Startup And Fundraising 13 September 2026
Modi Announces BRICS Startup Innovation Fund and Supply‑Chain Initiative
Prime Minister Narendra Modi told a BRICS summit that crises are no longer confined to single nations, unveiling a BRICS Startup Innovation Fund to back scalable, innovation‑driven businesses. He also proposed an early‑warning system and concrete steps to secure supply chains, emphasizing the need for coordinated action to enhance economic resilience and growth across member economies.
Prime Minister Narendra Modi announced two key initiatives at the BRICS summit.
- BRICS Startup Innovation Fund: Designed to finance scalable, innovation‑led enterprises across member countries.
- Early‑warning and supply‑chain push: A coordinated system to detect crises early and strengthen supply‑chain resilience.
These moves aim to boost economic stability and collaborative growth within the BRICS bloc. For full details, see the original article.
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