Government launched startup contest ”Chunauti”

Electronics and IT Minister has launched next-generation startup contest `Chunauti” which aims to encourage startups and software products with special focus on Tier-II towns.

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Key-Points

The government has earmarked a budget of over 95 crore rupees over a period of three years for this programme.

It aims at identifying around three hundred startups working in identified areas and providing them seed funds of upto 25 lakh rupees and other facilities.

Under this challenge the Ministry of Electronics and IT will invite startups in the areas of work including Edu Tech, Agri Tech and FinTech solutions for masses, Supply Chain and Logistic management, Infrastructure, Medical Healthcare as well as jobs and skilling.