The Andhra Pradesh under Chief Minister Chandrababu Naidu has announced Rs 100-crore fund of funds to invest in Fintech startups. Fintech is being seen as a promising space to generate job, thus the state has initiated an industry-academia-government partnership to tap and refine skilled talent available at cheaper costs to develop Visakhapatnam into a global fintech hub.
So, let’s discuss some questions related to this post:
Q1. Name the State, which has launched Rs 100 cr fund of funds for investing in Fintech Startup?
Ans1. Andhra Pradesh
Source- The Hindu