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Commerce and industry minister Piyush Goyal on Monday launched the Startup India Seed Fund scheme and said the scheme will support India’s domestic entrepreneurs and their business ideas who often can’t take off due to the absence of critical capital at an early stage. He also asked startups to not get sold very cheap, particularly to foreign investors.

The Rs 945-crore scheme aims to provide financial assistance to startups for proof of concept, prototype development, product trials,

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