The Government of India led by Mr. Narendra Modi has started funding innovative Startups using Money from the Public Sector Undertakings [PSU]. PSUs are companies owned and operated by the Government of India and most of its employees are Government Employees even though the companies are formed under the Indian Companies Act.
Which is the Startup Funded by Modi Govt’s through PSU ?
The Startup we are referring to is RedRoom Technology Pvt Ltd. They are the manufacturers of Women’s hygiene products viz. menstrual cups, sanitary pads, tampons, etc under the brand name Sanfe. The company was incubated in IIT Delhi and the institute is a shareholder of the company. The Government has invested in Redroom using the Cash from
Read moreModi Govt Funds Startups using PSU Money – HPCL Invests in RedRoom Technology