Startup Funding Panel Conflict Of Interest Unavoidable

The Hindu · india

The Technology Development Board secretary has stated that conflicts of interest within the startup funding panel are unavoidable. This defense comes amid concerns about overlap between members of the TDB investment committee and companies receiving backing from the ₹1 lakh crore RDI Fund. The government is justifying the current structure, suggesting such overlaps are an inherent challenge in the process of supporting.