Fortune India Exclusive: Karnataka IT Minister Priyank Kharge explains how the state govt is looking to become the first adopter of startup tech solutions
Karnataka's IT Minister Priyank Kharge stated that the state government has funded over 1,300 startups, with more than 70% raising additional funding. The government aims to establish 25,000 new startups, including 10,000 outside Bengaluru, under its latest Startup Policy (2025-2030).
Karnataka's government has funded over 1,300 startups, with more than 70% securing additional funding. The state's latest Startup Policy (2025-2030) aims to establish 25,000 new startups, including 10,000 outside Bengaluru. To achieve this, the government has implemented various initiatives, such as the New Age Innovation Network, Technology Business Incubators (TBIs), and Elevate Kalyana Karnataka. These programs provide funding and support to startups, with a focus on grassroots innovations and rural areas. The government also plans to become the first adopter of startup tech solutions through a public procurement policy and 'government first' initiative. This will allow startups to access government data, infrastructure, and pilot projects to test their solutions.
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