The Telangana government announced an Rs 1,000 crore startup fund of funds on Wednesday. Chief Minister Revanth Reddy made the announcement while inaugurating the Google for Startups (GfS) hub at T-Hub in Hyderabad. This is Google’s first hub in India and the fifth in the world.

Addressing the young innovators, the chief minister insisted that they aim at bigger targets. “The next Google should be born from here, in Hyderabad; if not Google, at least you should build a $1-billion company, a unicorn. We should aim to build at least 100 unicorns by 2034 to make Telangana a $1-trillion economy,” he stated.

Our government is setting up a #StartupFund with a thousand crore rupees to promote startup companies.

I hope that this fund will not only be utilized to start startup companies but al

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