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Medial • 21d

Indian Government Expands Credit Guarantee Scheme for Startups The Indian government has doubled the Credit Guarantee Scheme for Startups, increasing the maximum loan cover from ₹10 crore to ₹20 crore. This will help startups access more capital and grow their businesses. The scheme allows startups to get loans without providing collateral, making it easier for them to get funding. Key Highlights: - Increased loan cover: ₹20 crore - Purpose: To support innovation-driven startups - Benefit: Collateral-free debt funding options - Expected impact: More opportunities for startups to access capital #StartupIndia #Funding #GovernmentSupport #CreditGuarantee #StartupGrowth

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