Andhra Pradesh Launches Rs 100 cr fund of funds for Fintech Startups

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

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