Aroa Venture Partners reposted this
#AroaVenturePartners is proud to announce a significant milestone in advancing entrepreneurial innovation across India. We've secured a ₹40 crore capital commitment for the #AroaOpportunitiesFund (AIF Category II) from the Small Industries Development Bank of India (#SIDBI) under the Government of India’s Fund of Funds for Startups and the Uttar Pradesh Government's UP Startup Fund schemes. This endorsement from two prominent sovereign schemes reflects Aroa’s strong vision and strategic approach to building a robust startup ecosystem in India. We are deeply honored by the government’s support, which not only reinforces our mission but also accelerates our efforts to nurture and empower India’s emerging entrepreneurs. With the demographic flywheel in full motion, we are eager to invest in groundbreaking ideas that will address the evolving needs and aspirations of our nation in the coming decade and beyond. https://lnkd.in/dkwCarPw Nitin Wadhwa Sekhar Puli Ellen Rudnick Aditya Ghosh Ankit N. Suren Gounder Mihir Kapoor Supriya Roy #SIDBI #VentureCapital #AroaOpportunitiesFund #AroaVentures #Funding #Startups #StartupIndia #GOI #TimesofIndia