The Times of India

With 90 out of 128 companies & 64% of investments, Karnataka top beneficiary of Centre's Electronics Development Fund

Karnataka received the most funding from the central government's Electronics Development Fund. The fund's associated venture funds invested over Rs 1,335 crore in 128 companies. Karnataka-based firms secured Rs 854.5 crore, representing nearly two-thirds of total investments. Telangana, Maharashtra, and Delhi also saw significant investments in technology startups. The fund, managed by Canbank Venture Capital Fund, is now in its divestment phase.