India Throws Another Billion-Dollar Party for Startups (a.k.a. More State-Backed Bullshit)

Well, grab your chai and hold onto your bloody wallets, because India just decided to hurl another $1.1 billion into the black hole that is “venture capital.” Yep, the government’s doubling down on its state-backed VC madness, waving cash around like some kind of economic peacock, thinking money = innovation. Cute, right?

Apparently, this shiny new fund – part of their so-called “Startup India” campaign – aims to pump money into tech, manufacturing, deep tech, and whatever the latest Silicon Valley buzzword of the month is. The government thinks this is “strategic investment” to help the ecosystem keep growing. Translation: another batch of middle managers, consultants, and unicorn-chasers are about to get filthy rich while actual entrepreneurs try to keep the lights on.

They’re