By collaborating with respective state governments and expanding into new locations, STPI plans to provide mentorship and training to budding entrepreneurs in tier 2 and 3 cities
The company was valued at Rs 20 crore when it started an investor buyout from EP incubator stakeholders for ₹94.64 lakhs, which represented a 36X increase in EP's investment
Arvind Kumar, STPI DG, stressed that there is a need for greater awareness campaigns among the youth about the government's initiatives to promote start-ups
