Ashwatha Narayan

Karnataka Government announced seed funding upto Rs 50 lakh for startups on January 16. Dr CN Ashwatha Narayan, the State Education Minister said, "The seed funding will be facilitated to additional 75 startups, to achieve the tally to 200 startups in the year". Addressing the National Startup Day, Narayan said, in 2021, Karnataka attracted Rs 1.60 lakh crore investment in 2021, 50% of India's entire investment from foreign companies.