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SETU (Supporting Entrepreneurs in Transformation and Upskilling) was launched on Wednesday by Union Minister Piyush Goyal in an effort to connect Indian startups with US-based investors (7th September).
Goyal introduced SETU at a meeting with venture capitalists in the San Francisco Bay Area, stating that the initiative will provide mentorship and guidance to Indian startup leaders in areas such as funding, market access, and commercialization, among others. The discussion (in the Bay Area) centred on issues concerning the Indian startup ecosystem. It emphasised ways to encourage domestic incorporation and mentorship in the country’s early-stage startups.
