Singapore should put in place a billion-dollar funding arrangement for investments in Indian start-ups that are poised for exponential growth, according to experts.
Technologist and venture capitalist Mohandas Pai sees good potential for Singapore-India partnership in building the start-up ecosystem.
He called for a billion-dollar fund of funds for investments in at least 1,000 start-ups in India, which has a spread of over 40,000 such entities with 5,000-6,000 start-ups joining the industry every year.
"By 2025, we will have 1,00,000 start-ups and create USD 500 billion of value and employ 3.25 million people, Pai said on the sidelines of Singapore Fintech Festival 2019.
Echoing similar view, Girija Pande, Chairman of Apex Avalon Consulting, who currently mentors four Indian start-ups in deep technology from Singapore said "we want much more investment in start-ups from Singapore."
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