MeitY, Meta announce list of 120 startups, innovators for XR Startup Programme

By India Education Diary Bureau Admin On Jan 28, 2023

The Ministry of Electronics and Information Technology (MeitY) and Meta have announced the list of 120 startups and innovators for the XR Startup Programme in New Delhi yesterday. The Programme includes an Accelerator and a Grand Challenge, aiming towards boosting the emerging Tech ecosystem in the country.

Out of the startups selected in the Accelerator Programme, over 30 per cent are from tier II or tier III cities across India. Also, women-led or co-led Startups and Innovators form over 20 per cent of the cohort. The programme will discover, nurture, and accelerate Extended Reality (XR) Technology startups and innovators across the country.

It is supporting 40 early-stage start-ups working in XR technologies with a grant of 20 lakh rupees each. The innovators will also be provided support to upscale from the Research and Development phase to developing workable products and services.