Meta collaborates with govt ministry to support XR technology-based startups across India

  • Meta will incubate 40 early-stage extended reality (XR) startups from India and provide a grant of 20 lakhs to each as part of a new accelerator called XR Startup Program in collaboration with MeitY.
  • Initially, 80 innovators will be shortlisted for a boot camp, out of which 16 will get a grant of 20 lakhs each to develop a Minimum Viable Product (MVP) or prototype.

[Via]

Download CHAI: Short news app created for busy professionals like you

Get CHAI App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download CHAI App (Android, iOS)