Vedanta Chairman to set up $1 bn fund for startups
Billionaire Chairman of Vedanta Resources Anil Agarwal is reportedly planning to launch a venture capital fund worth $1 billion (â¹6,500 crore) to help young Indian entrepreneurs in the natural resources space. Agarwal is expected to invest â¹5-â¹200 crore in select entities. This will be the first natural resources-focused fund established by an Indian industrialist. 