India has launched a Rs 945 Cr Startup India Seed Fund Scheme
This is to support Indian entrepreneurs raise critical capital at an early stage
The fund, which started on April 1, is approved for the next four years
It is expected to help about 3,600 startups and 300 incubators
The amount will be disbursed via select startups
The call for incubators started on April 19 while that for startups would open on July 1