Indian Union Minister Piyush Goyal has emphasized the need for a shift in focus for startups from consumer-oriented businesses to deep technology sectors. In recent comments, he criticized the prevalence of startups in areas like grocery delivery and urged entrepreneurs to pursue more innovative ventures, such as semiconductors. Goyal announced a substantial Rs 10,000 crore fund of funds aimed at boosting deep tech startups. This initiative is part of a broader government strategy to enhance funding for cutting-edge domains. The announcement has garnered support from industry leaders, including Aman Gupta, co-founder of boAt, who endorsed Goyal's perspective. Concurrently, Bangladesh Bank's Governor Ahsan H Mansur revealed plans for a dedicated fund of Tk900 crore to support startup companies, aiming to provide crucial capital for growth and global expansion. This move reflects a regional commitment to fostering innovation and entrepreneurship.