US-based corporations Google, Microsoft, Verisign have backed a $10m initiative to create 10,000 start-ups in India.

India’s National Association of Software & Services (Nasscom) is at the heart of the idea, which will incubate, fund and support 10,000 technology start-ups in India over the next 10 years. 

The programme will focus on fostering entrepreneurship, building entrepreneurial capabilities at scale and providing robust early stage support through incubation, mentorship and angel funding.

The programme, 10,000 Start-ups, will bring together key stakeholders…

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