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Karnataka government selects 101 startups under Elevate, offers Rs 25 crore in seed funding

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Karnataka’s flagship startup initiative, Elevate, has selected 101 startups, granting Rs 25 crore in total seed funding for 2024.

Forty-two of the selected startups are led by women, while 36 are from beyond, or outside, Bengaluru.

“The Elevate 2024 initiative marks a significant milestone in our continued effort to position Karnataka as a global leader in innovation and entrepreneurship,” said IT-BT minister Priyank Kharge. The state government’s goal is to be in the top three global startup ecosystems and Elevate is an initiative in that…

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