The metaverse concept has been in the limelight over the past few months for the potential that it has in transforming new age business ventures from education to entertainment. Betting big on this futuristic technology is edtech company Invact Metaversity. More than 70 top global corporate leaders and founders of unicorns have come together to back this cutting-edge start-up valuing it at USD 33 million.

The national capital region replaced India's silicon valley Bengaluru as home to the most number of new startups getting created in the country. The government recognised over 5,000 new startups in Delhi-NCR compared to 4,514 startups in Bengaluru between April 2019 and December 2021.

The union budget of 2022 has been a mixed bag for the startup and venture capital community. From health to education and agri tech, the government is keen to employ technology to build innovation led ecosystems and is committed to the creation of a digital economy as India competes with top economies. To discuss the big hits and misses of budget 2022 for the startup and VC ecosystem, CNBC-TV18 spoke to Karthik Reddy, Co-Founder of Blume Ventures; Gopal Srinivasan, CMD of TVS Capital Funds and Harshal Kamdar, CFO of Sequoia India.

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