Karnataka leads Centre's Electronics Development Fund with 64% of total investments

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Karnataka has emerged as the top beneficiary of the central government's Electronics Development Fund, receiving Rs 854.5 crore out of the total Rs 1,335 crore invested. The fund supported 128 companies overall, with 90 of them based in Karnataka. Other states including Telangana, Maharashtra, and Delhi also received notable investments in technology startups. The fund is managed by Canbank Venture Capital Fund and has now entered its divestment phase.

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